The Management Board of Selvita S.A. with its registered office in Krakow (“Issuer”) informs that on November 2, 2022 the Management Board of the Company, acting at the request of Mr. Paweł Przewięźlikowski (the “Shareholder”), pursuant to Article 334 § 2 of the Code of Commercial Companies and § 8 Section 2 of the Company’s Articles of Association, adopted a resolution pursuant to which 568,000 (five hundred and sixty-eight thousand) series A registered shares bearing ISIN code PLSLVCR00045, owned by the Shareholder, were converted into ordinary bearer shares. As a result of the conversion, a total of 568,000 (five hundred and sixty-eight thousand) series A registered shares lost their preference as to voting rights at the Company’s General Meeting (preference to grant one series A registered share two votes at the Company’s General Meeting).

Consequently, the current structure of the Company’s share capital in terms of series A shares is as follows:

– 3,482,000 (three million four hundred and eighty-two thousand) series A preferred registered shares;

– 568,000 (five hundred and sixty-eight thousand) ordinary series A bearer shares.

Prior to the said conversion, the amount of the Company’s share capital was PLN 14,684,379.20 (fourteen million six hundred eighty-four thousand three hundred seventy-nine zlotys twenty cents), and the total number of votes at the Company’s General Meeting was 22,405,474 (twenty-two million four hundred five thousand four hundred seventy-four).

After the said conversion, the amount of the Company’s share capital has not changed and amounts to PLN 14,684,379.20 (fourteen million six hundred and eighty-four thousand three hundred and seventy-nine zlotys twenty groszys), and the total number of votes at the Company’s General Meeting has changed and now amounts to 21,837,474 (twenty-one million eight hundred and thirty-seven thousand four hundred and seventy-four) votes.

In accordance with the resolution, the management board will take immediate steps to assimilate the shares by the National Depository for Securities S.A.  (Krajowy Depozyt Papierów Wartościowych S.A.) and to admit and introduce the shares to trading on the regulated market of the Warsaw Stock Exchange.

Legal basis: Article 56.1.2 of the Act on Public Offering – current and periodic information

Representatives of the Company:     

  • Bogusław Sieczkowski – President of the Management Board
  • Dawid Radziszewski – Member of the Management Board