The Management Board of the company Trakcja S.A. (\u201cIssuer\u201d or \u201cCompany\u201d), informs that on 21.12.2012 it was notified that the District Court for the capital city of Warsaw in Warsaw, XII Commercial Division of the National Court Register issued a decision on 20.12.2012 with regard to the registration of an amendment to the Issuer\u2019s Articles of Association involving conditional increase of the Issuer\u2019s share capital with the amount not exceeding PLN 18.545,436.00 (in words: eighteen million five hundred forty-five thousand four hundred thirty-six zlotys) by issuing not more than 184.454,360 (in words: one hundred eighty-five million four hundred fifty-four thousand three hundred sixty) of common bearer shares of H series, each share with a nominal value amounting to PLN 0.10. <\/p>\n
The amount of the Issuer\u2019s share capital was not amended. <\/p>\n
Pursuant to Article 452 \u00a7 1, in connection with Article 451 \u00a7 2 of the Company Law Code, the Issuer\u2019s capital share shall be increased upon recording shares of H series on securities\u2019 accounts of entities or persons entitled to subscribe to these shares. <\/p>\n
The Issuer\u2019s Articles of Association were amended in the following way:
a) the wording of Article 1 of the Company\u2019s Articles of Association was amended in the following way: \u00b7 former wording of Article 1 of the Articles of Association: <\/p>\n
\u201cArticle 1 The Company\u2019s name is the following: Trakcja – Tiltra Sp\u00f3\u0142ka Akcyjna. The Company can use the abbreviation of the name: Trakcja – Tiltra S.A. The Company can use its characteristic graphic sign.\u201d <\/p>\n
\u00b7 current wording of Article 1 of the Articles of Association: <\/p>\n
\u201cArticle 1 The Company\u2019s name is the following: Trakcja Sp\u00f3\u0142ka Akcyjna. The Company can use the abbreviation of the name: Trakcja S.A. The Company can use its characteristic graphic sign.\u201d <\/p>\n
b) directly after Article 21, a new Article 21a was added to the Articles of Association of the following wording: <\/p>\n
\u201cArticle 21a
1. The Company’s conditional capital amounts to not more than PLN 18.545,436.00 (in words: eighteen million five hundred forty-five thousand four hundred thirty-six zloty) and not more than: 185.454,360 (in words: one hundred eighty-five million four hundred fifty-four thousand three hundred sixty) common bearer shares of H series with a nominal value PLN 0.10 (in words: ten grosh) each, is allocated to this purpose;
2. The conditional increase in the capital referred to under Article 21a, section 1, point 1 is aimed at granting the right to subscribe to shares of H series to holders of debentures convertible to shares issued by the Company pursuant to the Resolution No. 4 of the Extraordinary Shareholders Meeting of 12 December 2012.
3. Holders of debentures convertible to shares issued by the Company pursuant to the Resolution No. 4 of the Extraordinary Shareholders Meeting of 12 December 2012 are entitled to subscribe to shares of H series in compliance with principles stipulated under the terms of issuing debentures, whereas, the redemption date of any of the debentures\u2019 series cannot fall after 31 December 2027.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The Management Board of the company Trakcja S.A. (\u201cIssuer\u201d or \u201cCompany\u201d), informs that on 21.12.2012 it was notified that the District Court for the capital city of Warsaw in Warsaw,..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[6],"class_list":["post-14201","post","type-post","status-publish","format-standard","hentry","category-group-company-press-releases","tag-imported"],"acf":[],"yoast_head":"\n