Current reports
2020-06-19 17:55:44
Changes to the draft resolution of the Ordinary General Meeting of the Warsaw Stock Exchange convened for 22 June 2020
Current Report No. 11/2020
Date: 19 June 2020
Subject: Changes to the draft resolution of the Ordinary General Meeting of the Warsaw Stock Exchange convened for 22 June 2020
Legal basis: Article 56.1(2) of the Act on Public Offering – current and periodic information
Content of the report:
Further to the Current Report 10/2020 from 26 May 2020, The Warsaw Stock Exchange ("Company", “GPW” ) announces that in connection with proposed amendments to the enclosure to a draft resolution of the General Meeting convened on 22 June 2020, received from the Company’s shareholder – the State Treasury, the GPW Management Board has decided to amend the draft resolution concerning matters under agenda point 19 of the Annual General Meeting: Approval of the Policy of Remuneration of Members of the Management Board and the Supervisory Board of the Warsaw Stock Exchange.
Justification:
In connection with amendments to the Policy of Remuneration of Members of the Management Board and the Supervisory Board of the Warsaw Stock Exchange proposed by the State Treasury, § 8(4), § 10(5)(1) and (2), § 17(2) and § 21(7) of the Policy have been amended.
The proposed amendments are a consequence of resolutions of the General Meeting concerning the terms and conditions of setting the remuneration of Members of the Management Board and the Supervisory Board of the Warsaw Stock Exchange adopted in the past years in accordance with the Act of 9 June 2016 on the Terms and Conditions of Setting the Remuneration of Managers of Certain Companies. The amendments aim, in principle to ensure consistency of the Company’s corporate documents.
The draft resolution and the attachment are enclosed to the current report.
Legal basis: § 19.1 (4) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a third country may be recognised as equivalent.
Signatures of the Warsaw Stock Exchange Representatives:
Piotr Borowski – Member of the Management Board
Dariusz Kułakowski – Member of the Management Board