Report no.: 15/2014

Legal basis: Art. 70 item 1 of the Offering Act

 

SUBJECT: Reduction of the stake below 5% of the total number of votes on the General Meeting of the Company by Aviva OFE Aviva BZWBK S.A.

 

CONTENT OF THE REPORT:

The Management Board of Izostal S.A. (Company) informs that on May 23rd, 2014 it received a notification from a shareholder - Aviva Otwarty Fundusz Emerytalny Aviva BZ WBK S.A (Aviva OFE) - reading as follows:

 

„In accordance with the obligation resulting from Art. 69 (1) and (4) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Journal of Laws No. 184 item 1539) we announce that as a result of the transactions of disposal of shares of Izostal S.A. (Company) with its registered office in Zawadzkie, concluded on May 16th, 2014, Aviva Otwarty Fundusz Emerytalny Aviva BZ WBK (Aviva OFE) decreased share in the total number of votes in the Company below 5%.

 

Before the settlement of these transactions on May 20th, 2014, Aviva OFE held 1.638.160 shares of the Company, representing 5,00% of the Company's share capital (issued shares) and entitling to 1.638.160 votes at the General Meeting, which constituted 5,00% of the total votes.

 

After the settlement of the transactions, as at May 21st, 2014 Aviva OFE held 1.635.057 shares of the Company, representing 4,99% of the Company's share capital (issued shares) and entitling to 1.635.057 votes at the General Meeting, which constituted 4.99% of the total votes."

 

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:

Management Board President, Marek Mazurek  2014-05-23

Proxy, Marek Matheja 2014-05-23

 

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: 47-120 Zawadzkie Polna 3

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