Report 21/2021


Purchase of shares in sp.z o.o. by subsidiary

Current report no. 21/2021 of June 18, 2021

Purchase of shares in sp.z o.o. by subsidiary

Legal basis: Article 17 sec. 1 MAR

Content of the report:
The Management Board of Wirtualna Polska Holding S.A. ("The Company" or "WPH") hereby informs that on June 18, 2021 it learned that Wirtualna Polska Media Spółka Akcyjna with its seat in Warsaw ("WPM") - a subsidiary of WPH – received from Mr. Kamil Ruciński (" KR ") Notifications of Acceptance of the 2020 Share Buy Offer at a limited liability company with its registered office in Lublin (" "), pursuant to which, in order to exercise the 2020 Put Option, in accordance with the agreement of December 22, 2020 concluded between WPM, KR and, KR accepted an irrevocable purchase offer (submitted by WPM pursuant to Article 68 of the Civil Code) and sold to WPM 3,511 (say: three thousand five hundred and eleven) shares in WPM constituting 8.5% the share capital of and entitling it to exercise 8.5% of votes at general meeting of ("Shares") ("Transaction").
The sale price for all acquired Shares under the Transaction is PLN 9,331,020 .
As a result of the Transaction, WPM will own a total of approximately 93.5% of the shares in entitling to exercise approximately 93.5% of the votes at the shareholders' meeting.

Legal basis:
Article 17 para. 1 Regulation of the European Parliament and of the Council No. 596/2014 of 16 April 2014 on Market Abuse Regulation and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003/124 / EC , 2003/125 / EC and 2004/72 / EC

Signatures of persons representing the company:
Jacek Świderski - President of the Management Board