Acquisition of the large block of stocks of TIM S.A.
Date |
2015-05-28 |
Current report no. |
17/2015 |
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The Board of TIM S.A. with its registered seat in Wrocław, acting on the basis of Article 70, section 1 of the Act on Public Offering and the conditions for introducing financial instruments into an organized trading system and public companies makes public that on 28 May 2015 the Company was informed by ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. [investment fund company] (hereinafter referred to as “the Fund Company”), acting on behalf of the funds managed by the Fund Company, that the funds managed by the Fund Company exceeded the threshold of 5% of votes in the total number of votes at the GMS of TIM S.A. Exceeding the threshold of 5% of the total number of votes in the Company followed the 25 May settlement of purchasing transactions of 21 May 2015 on a regulated market, of 100,000 stocks of the Company. In accordance with the Fund Company’s statement, before the change funds managed by the Fund Company held 1,051,136 stocks of TIM S.A., which constituted a share of 4.74% of the share capital of the Company. Prior to the change in share stocks held by funds managed by the Fund Company constituted 1,051,136 votes at the General Meeting of TIM S.A., which constituted 4.74 % of the total number of votes at the General Meeting of the Company. As of 27 May 2015 the funds managed by the Fund Company held 1,151,136 stocks of TIM S.A. which granted right to 1,151,136 votes at the General Meeting of the Company which constitutes the share of 5.19% in the share capital of TIM S.A. and in the total number of votes at the General Meeting of the Company. The total number of stocks and votes at the GMS of TIM S.A. is 22,199,200. According to the statement of the Fund Company there are no entities dependant of Shareholders sending the notification, holding stocks of TIM S.A., as well as there are no people referred to in Article 87, section 1, subsection 3, letter c of the above-mentioned Act witth respect to the Shareholders. |
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
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2015-05-28, Krzysztof Folta – President of the Board |