Current reports

2019-06-17 10:52:37

Report on an incidental breach of the Best Practice

EBI Current Report No. 1/2019

Date: 17 June 2019

Subject: Report on an incidental breach of the Best Practice

Legal basis: § 29 (3) of the Rules of the Warsaw Stock Exchange

Content:
Pursuant to § 29 (3) of the Rules of the Warsaw Stock Exchange, the Warsaw Stock Exchange (“GPW” or “Company”) hereby presents a report concerning an incidental breach of Principle II.Z.11 of the “Best Practice for GPW Listed Companies 2016”.

II.Z.11.

The supervisory board should review and issue opinions on matters to be decided in resolutions of the general meeting.

The Principle has been incidentally breached.

Commentary of the Company concerning the incidental breach of the Principle:

Further to Current Report No. 13/2019 of 14 June 2019 concerning the submission of a draft resolution for the agenda of the Ordinary General Meeting of GPW S.A. (“General Meeting”) called for 17 June 2019 by a shareholder of the Company – the State Treasury representing more than 5% of the share capital of the Company, which provides for amendments of the GPW Articles of Association, the Company hereby announces that the Supervisory Board will not review and, consequently, will not issue an opinion on the proposed draft resolution due to the short period of time between the submission of the draft resolution and the date of the General Meeting.

Signatures of representatives of the Company:
Marek Dietl – President of the Management Board
Jacek Fotek – Vice-President of the Management Board