Reduction of the stake under 5% of total amount of votes on General Meeting of Company by BPH TFI S.A.

Date  of issue: 2013-02-19
 
Legal basis: Art. 70 item 1 of the Offering Act
 
SUBJECT: Reduction of the stake under 5% of total amount of votes on General Meeting of Company by BPH TFI S.A.

CONTENT OF THE REPORT:
The Management Board of Izostal S.A. (Company) informs that on November 19, 2013 the following notice from shareholder - BPH Investment Fund Company S.A. (BPH TFI) - was sent to the Company:

“Pursuant to the Article 69(1), Article 87(1)(2) and Article 87(1)(3b) of Act from July 29, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies (consolidated text: Journal of Laws, 2009, No. 185, Item 1439, as amended) we hereby inform that as a result of acquisition of shares of IZOSTAL S.A. (“Company”) by BPH Umbrella Open-ended Investment Fund and as a result of performance of activities mentioned about in Article 69(2)(4) of the Trading in Financial Instruments Act (management of portfolios, what includes one or more financial instruments)BPH Investment Fund Company S.A. (“BPH TFI”) holds less than 5% of the total number of votes at the Company’s General Meeting of Shareholder on behalf of the clients and the Fund.

Date and type of event resulting in the change in the share: conclusion of the transaction of acquiring Company’s shares on February 11, 2013, Settlement date: February 14, 2013.

Number of shares held before the change in the share and their percentage in the Company’s share capital and the number of votes of these shares with their percentage in the total number of votes:

1 641 885 shares, 5.01% in the share capital, 1 641 885 votes, 5.01% of votes.

Number of currently held shares and their percentage in the Company’s share capital and the number of votes of these shares with their percentage in the total number of votes:

1 630 814  shares, 4.98% in the share capital, 1 630 814 votes, 4.98% of votes.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board Vice President, Jacek Podwiński 2013-02-19
Proxy, Marek Matheja 2013-02-19
 
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