Getin Noble Bank (GNB)

1.42PLN
0.00% 17:00

Current report number 72/2009

13.08.2009

Purchase of shares of Noble Securities S.A.

Noble Bank S.A. with its registered office in Warsaw (the “Issuer”) hereby informs that today it has concluded with its parent company i.e. Getin Holding S.A. (“Getin Holding”) a conditional sales agreement of shares of Noble Securities S.A. (formerly Dom Maklerski Polonia Net S.A.) with its registered office in Cracow (“Noble Securities”).

The agreement concerns all registered shares owned by Getin Holding, i.e. 2 787 289 shares 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 shall amount to 11 929 596,92 PLN, which constitutes 4,28 PLN per share.

Shares purchase shall occur under suspensive conditions, in particular when no objection shall be raised by the Polish Financial Supervision Authority (“KNF”) to the planned shares purchase.

The Issuer hereby informs that today it has informed KNF on planned shares purchase of Noble Securities, according to the obligation under Article 106 of the Act on Trading in Financial Instruments. In case the suspensive conditions have been met, the transaction of shares purchase of Noble Securities shall be concluded with the intermediation of brokerage house.

After the abovementioned transactions have been settled, the Issuer shall own 2 787 289 shares of Noble Securities with the nominal value 1,00 PLN each, which constitutes79,76 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 Issuer also informs that today it has concluded an agreement on accession of the Issuer to the rights and obligations of Getin Holding resulting from an investment agreement dated 30 June 2008, on which Getin Holding informed in its Current report 54/2008, and changed by the Agreement dated 12 August 2009, on which Getin Holding informed in its Current report 51/2009. The accession of the Issuer to the rights and obligations of Getin Holding shall come into force provided that the sales agreement of Noble Securities has been concluded, at the time of transferring shares ownership on the Issuer.

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).