Getin Noble Bank (GNB)

1.28PLN
+ 2.40% 17:04

Current report number 2/2009

09.01.2009

Share repurchase program implementation from 5-9 January 2009

The Management Board of Noble Bank S.A. (“Issuer”) announces that it repurchased 96 151 of its shares, each with a nominal value of PLN 1.00, in the period from 5 January to 9 January 2009. The shares were repurchased through the agency of a brokerage house during trading sessions on the official market of the Warsaw Stock Exchange. The above shares entitle the Issuer to a total of 96 151 votes at the Issuer’s general shareholders meeting and account for 0.04468 % of the Issuer’s share capital. The average purchase price was PLN 3.18 per share.

Since the Share Repurchase Program (“Program”) was launched, the Issuer has repurchased a total of 243 151 of its own shares. The shares repurchased by the Issuer since the launch of the Program entitle the Issuer to a total of 243 151 votes at the Issuer’s general shareholders meeting and account for 0.1130 % of the Issuer’s share capital.

The Issuer is repurchasing its shares as part of the Program, launched on 5 December 2008, i.e. the date of execution of an agreement with a brokerage firm to purchase shares under the Program for and on behalf of the Issuer (Current Report 73/2008 of 5 Dec. 2008).

The Program will be in effect until 30 April 2009, but not longer than all the funds appropriated for the Program by the General Shareholders Meeting under Resolution No.IV/28/11/2008 to establish a capital reserve.

Legal basis: §5 (1)(6) and §12 of the Minister of Finance Regulation of 19 October 2005 on current and periodic reporting by issuers of securities (Dz.U.(Official Journal) of 2005, No.209, item 1744).