Getin Noble Bank (GNB)

-2.88% 17:00

Current report number 89/2009


Purchase of shares of Noble Securities S.A.

Noble Bank S.A. with its registered office in Warsaw (the “Issuer”) hereby informs that today, as all of suspensive conditions have been completed, it has acquired from its dominant company, i.e. Getin Holding S.A. with its registered office in Wroclaw (“Getin Holding”) 2 787 289 registered ordinary shares of Noble Securities S.A. (formerly Dom Maklerski Polonia Net S.A.) with its registered office in Cracow (“Noble Securities”), with the nominal value of 1,00 PLN each, which constitutes 79,76 per cent of the equity and entitles to 10 328 593 votes at the General Meeting of Noble Securities, which constitutes 82,73 per cent of all shares. The purchase price amounted to 11 929 596,92 PLN, which constitutes 4,28 PLN per share.

The purchase has been realized on the basis of a conditional sales agreement of shares of Noble Securities, concluded between the Issuer and Getin Holding on August 13, 2009, on which the Issuer informed in its Current Report 72/2009 dated August 13, 2009 (“the Sales Agreement”). The transfer of shares ownership has been executed today, after the fulfillment by the parties of all obligations provided in the Sales Agreement, with the intermediation of brokerage house.

Legal basis: Art. 56 (1)(1) of the Polish Act on public offerings and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539).