27/2020 - The first call to submit share documents

The Management Board of Trakcja S.A. in Warsaw (”Company”) based on Article. 16 of the Act of August 30, 2019 amending the Act - Commercial Companies Code and Certain Other Acts (Journal of Laws of 2019, item 1798) calls on all shareholders to submit registered share documents to the Company in order to dematerialize them. Share documents should be submitted to the registered office of the Company, at al. Jerozolimskie 100, II floor, 00-807 Warsaw, on working days from 9.00-15.00.

Dematerialisation of shares means replacing the material form of shares with an electronic subscription at the National Depository for Securities S.A. Pursuant to the introduced changes to the regulations, the validity of the material share documents issued by the Company will expire by operation of law on March 1, 2021. After that date, the material share documents will no longer confirm the shareholder status, but will become documentary evidence necessary to update the Company's electronic register kept by the National Depository for Securities. However, after January 1, 2026, the protection of the members' rights of the Company's shareholders, whose material share documents will not be deposited with the Company, will be lost.

This tender offer is the first of five required by the aforementioned law.

Legal basis: Other regulations