{"id":14213,"date":"2012-11-09T00:00:00","date_gmt":"2012-11-08T22:00:00","guid":{"rendered":"https:\/\/www.invaldainvl.com\/group-company-press-releases\/trakcja-tiltra-notice-of-reduction-in-the-shares-below-10-per-cent-of-the-total-number-of-votes-at-the-shareholders-general-meeting\/"},"modified":"2012-11-09T00:00:00","modified_gmt":"2012-11-08T22:00:00","slug":"trakcja-tiltra-notice-of-reduction-in-the-shares-below-10-per-cent-of-the-total-number-of-votes-at-the-shareholders-general-meeting","status":"publish","type":"post","link":"https:\/\/www.invaldainvl.com\/en\/group-company-press-releases\/trakcja-tiltra-notice-of-reduction-in-the-shares-below-10-per-cent-of-the-total-number-of-votes-at-the-shareholders-general-meeting\/","title":{"rendered":"Trakcja – Tiltra: Notice of reduction in the shares below 10 per cent of the total number of votes at the Shareholders' General Meeting"},"content":{"rendered":"\n

The Management Board of the company Trakcja – Tiltra S.A. (“Company”) informs that pursuant to Article 69 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (“Act on Public Offering”), on November 9, 2012, it received a notice that on November 2, 2012, the shareholder of the company Invalda AB, the company incorporated under Lithuanian law (“Invalda”), sold part of the shares held in the Company when concluding transaction on the Warsaw Stock Exchange, as a result of which decreased its interest in the total number of votes at the Shareholders’ General Meeting below 10 per cent.   <\/p>\n

With the above in mind, the number of shares held by Invalda in the Company constitutes 23,109,687 of shares (i.e. 9,957 per cent of the Company’s share capital), 23,109,687 of voting shares at the Shareholders’ General Meeting, i.e. 9,957 per cent of the total number of votes at the Shareholders’ General Meeting.   <\/p>\n

With relation to the current report no. 63\/2012 published by the Company, Invalda held 23,559,620 shares in the Company before the above-described change in total number of shares owned thereby, i.e. 10,150 per cent of the Company’s share capital, 23,559,620 voting shares at the Shareholders’ General Meeting, i.e. 10,150 per cent of the total number of votes at the Shareholders’ General Meeting.     <\/p>\n

Invalda informed the Company that further decrease or increase in the interest in the Company’s share capital, within 12 months, shall depend on the market situation. Furthermore, Invalda informed the Company that its subsidiaries do not hold any shares in the Company and that Invalda did not enter into any agreements for transfer of voting rights in the Company, as mentioned in Article 87 sec. 1 point 3(c) Act on Public Offering.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Management Board of the company Trakcja – Tiltra S.A. 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