Getin Noble Bank (GNB)

-1.06% 17:00

Currrent report 289/2013



The Management Board of Getin Noble Bank S.A. (”Issuer”) informs that on 30 December 2013 the Issuer sold 53 914 238  its own shares at a price of PLN 2.83 (in words: two and eighty-three) per share. The price was determined as an average market price of shares (being an arithmetical mean of average daily prices depending on the trading volume) from the last 20 (twenty) days prior to the transaction date on which the Issuer’s shares were quoted on the Warsaw Stock Exchange.

The transaction was carried out on the secondary market, outside the regulated market on the basis of a share sale agreement concluded on 30 December 2013 between the Issuer and Getin Holding S.A. with its registered office in Wroclaw (“Parties”) with the participation of and through Noble Securities S.A. with its registered office in Cracow. The payment shall be made on a one-off basis till 31 March 2014 or on the date agreed by the Parties.

The nominal value of the sold shares amounts PLN 53,914,238.00 and constitutes 2,0344% of the Issuer’s equity and entitles to 53.914.238 shares at a general meeting of the Issuer.

The reason and the purpose of the sale of its own shares by the Issuer was to increase the solvency ratio level of the Issuer.

Taking into consideration the above, as at 30 December 2014 the Issuer does not hold any of its own shares.

Legal basis: §5 (1)(6) of the Minister of Finance Regulation of 19 February 2009 on current and periodic reporting by issuers of securities and the rules of equal treatment of the information required by the laws of non-member states (Journal of Laws of 2009 No. 33, item 259 with later amendments).