Increase in the total number of votes at the General Meeting of Izostal S.A. over 5% by Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A.

Legal basis: Art. 70 (1) of the Act on Public Offering - acquisition or disposal of a significant block of shares.
 
CONTENT OF THE REPORT:
The Management Board of Izostal S.A. (Company) informs that on 15 December 2018 it received a notification from Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A. with its registered office in Warsaw ("Society", "Rockbridge TFI S.A.") acting in the name and on behalf of investment funds managed by the Society ("Funds"), communicated pursuant to Article 69(1)(1) and 69a(1)(3) in connection with Article 87(1)(2)(a) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (i.e. Journal of Laws of 2018, item 51; "Act"), in which it informed that the Funds managed by Rockbridge TFI S.A. increased their share above the threshold of 5% in the total number of votes at the General Meeting of Izostal S.A.
 
According to the notification received from Rockbridge TFI S.A:
"The increase in the total number of votes in the Company above 5% occurred as a result of taking over by the Society on 11 December 2018 from Altus TFI S.A. the management of investment funds ("Transaction"). The portfolios of the acquired investment funds include 1,125,488 (one million, one hundred and twenty-five thousand, four hundred and eighty-eight) shares of the Company, which constitute 3.43% of the share capital of the Company and entitle to 1,125,488 (one million, one hundred and twenty-five thousand, four hundred and eighty-eight) votes at the General Meetings of the Company and represent 3.43% of the total number of votes in the Company.
 
Before the transaction, the Funds held 971,119 (nine hundred and seventy-one thousand, one hundred and nineteen) shares in the Company, which constituted 2.97% of the Company's share capital, entitled to 971,119 (nine hundred and seventy-one thousand, one hundred and nineteen) votes at the Company's General Meetings and represented 2.97% of the total number of votes in the Company.
 
After the conclusion of the Transaction, the Funds hold a total of 2,096,607 (two million ninety-six thousand six hundred and seven) shares, which constitute 6.40% of the Company's share capital and entitle to 2,096,607 (two million ninety-six thousand six hundred and seven) votes at the Company's General Meetings and represent 6.40% of the total number of votes in the Company.
 
Moreover, the Society informs that:
1) The Funds do not have any subsidiaries which would hold the Company's shares,
2) The Funds have not concluded agreements with third parties within the meaning of Article 87 (1)(3)(c) of the Act,
3) The Funds are not entitled to vote from the Company's shares in connection with the situations specified in Article 69(4)(7) and (8) of the Act.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2018-12-15
Proxy, Marek Matheja  2018-12-15
 
INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-113 Kolonowskie  Opolska 29
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678