Reduction of the share in the total number of votes at the General Meeting of Izostal S.A. below 5% by ALTUS 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 10 December 2018 it received a notification from ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. with its registered office in Warsaw (ALTUS TFI S.A.) on behalf of investment funds managed by ALTUS TFI S.A., submitted pursuant to Article 69 (1) (2) in connection with Article 87 (1) (2) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies (Journal of Laws of 2005, No. 184, item 1539, as amended), in which it informed that funds managed by ALTUS TFI S.A. decreased their share in the total number of votes in Izostal S.A. below the 5% threshold.

According to the notification received from ALTUS TFI S.A:
“The decrease in the share in the total number of votes in the Company took place as a result of the takeover on 4 December 2018 by Rockbridge TFI from ALTUS TFI of the management of the following closed-end investment funds:
•    ALTUS FIZ AKCJI +,
•    ALTUS ASZ FIZ Rynków Zagranicznych 2,
•    ALTUS FIZ Aktywny Akcji,
•    ALTUS ASZ FIZ Global Opportunities,
•    ALTUS FIZ Akcji Globalnych 2,
•    Altus Market Neutral High Dividend FIZ.

The number of shares held before the change in the proportion and their percentage in the share capital of the Company as well as the number of votes attached to these shares and their percentage in the total number of votes:
Before the change of share in the total number of votes in the Company, the investment funds managed by ALTUS TFI S.A. held a total of 1,871,204 shares in the Company, constituting 5.72% of the Company's share capital and entitling to exercise 1,871,204 votes, which constituted 5.72% of the total number of votes in the Company.

Number of shares currently held and their percentage in the Company's share capital, as well as the number of votes attached to these shares and their percentage in the total number of votes.
After the change of share in the total number of votes in the Company, the investment funds managed by ALTUS TFI S.A. hold a total of 1,566,124 shares in the Company, constituting 4.78% of the Company's share capital and entitling to 1,566,124 votes in the Company, which constitutes 4.78% of the total number of votes in the Company.

The total number of the Company's shares and the number of votes at the Company's General Meeting of Shareholders is 32,744,000.

There are no subsidiaries of the notifying shareholders holding the Company's shares and there are no persons referred to in Article 87(1)(3)(c) of the aforementioned Act in relation to the shareholders. The Notifier does not hold any financial instruments referred to in Article 69b(1)(1) and (2) of the Act.”

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2018-12-10
Proxy, Marek Matheja  2018-12-10
 
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