Getin Noble Bank (GNB)
Current report number 17/200906.02.2009
Share repurchase program implementation from 2 February to 6 February 2009
The Management Board of Noble Bank S.A. (“Issuer”) announces that it repurchased 264 400 of its shares, each with a nominal value of PLN 1.00, in the period from 2 February 2009 to 6 February 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 264 400 votes at the Issuer’s general shareholders meeting and account for 0.12287 per cent of the Issuer’s share capital. The average purchase price was PLN 1.94 per share.
Since the Share Repurchase Program (“Program”) was launched, the Issuer has repurchased a total of 827 900 of its shares. The shares repurchased by the Issuer since the launch of the Program entitle the Issuer to a total of 827 900 votes at the Issuer’s general shareholders meeting and account for 0.38475 per cent of the Issuer’s share capital.
The Issuer is repurchasing its shares as part of a share repurchase 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).