Reduction of the total number of votes in Izostal S.A. below 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 REPORT:
The Management Board of Izostal S.A. (the "Company") informs that on 2 September 2020 it received a notification from Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A. with its registered office in Warsaw (the “Society") acting on behalf of and for the benefit of managed investment funds (the "Funds") pursuant to Article 69(1)(2) in conjunction 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 2019, item 623; “the Act”), in which it has informed that the Funds’ share in the total number of votes at the General Meeting of Izostal S.A. with its registered office in Kolonowskie has decreased below the 5% threshold.
 
According to the notice received:
 
"The total number of votes in the Company decreased below 5% as a result of the Funds' conclusion on 28 August 2020 of a transaction to sell 99,011 (in words: ninety-nine thousand and eleven) shares of the Company on the regulated market operated by the Warsaw Stock Exchange ("Transaction").
 
The transaction was settled on 1 September 2020.
 
Before the Transaction, the Funds held a total of 1,725,542 (in words: one million seven hundred and twenty-five thousand five hundred and forty-two) shares in the Company, which represented 5.27% of the Company's share capital and entitled to 1,725,542 (in words: one million seven hundred and twenty-five thousand five hundred and forty-two) votes at the Company's General Meetings and represented 5.27% of the total number of votes in the Company.
After the conclusion and settlement of the Transaction, the Funds have a total of 1,626,531 (in words: one million six hundred and twenty-six thousand five hundred and thirty-one) shares of the Company, which constitute 4.97% of the Company's share capital, entitle to 1,626,531 (in words: one million six hundred and twenty-six thousand five hundred and thirty-one) votes at the General Meetings of the Company and represent 4.97% of the total number of votes in the Company.
 
Moreover, the Society informs that:
1) the Funds do not have any subsidiaries that would hold shares in the Company,
2) the Funds have not entered into agreements with third parties as defined in 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  2020-06-19
Proxy, Marek Matheja  2020-06-19

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: 47-113 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