| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 21 | / | 2021 | ||||||||
| Date of issue: | 2021-09-24 | ||||||||||
| Short name of the issuer | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||
| Subject | |||||||||||
| ANNOUNCEMENT OF A SHARE BUYBACK SETTLEMENT | |||||||||||
| Official market - legal basis | |||||||||||
| art. 17. 1 MAR. | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| Board of Directors of Kernel Holding S.A. ("the Company") with its registered office in Luxembourg, announces the settlement of the share buyback transactions ("Buyback"), realized as a part of the share buyback programme approved on the basis of Resolution No. 2 of extraordinary general meeting of shareholders of the Company of 30th August 2021, current report no. 19/2021. With regard to the current report no. 20/2021 dated on the 20th of September 2021, the Board of Directors informs: i. on 24th September 2021 3,227,000 (three million two hundred twenty-seven thousand) Company's shares ("Shares") were repurchased; ii. the final buyback price for each Share ("Buyback Price") was disclosed in the Company's current report no. 20/2021 and determined according to the reduction rules as indicated the Invitation attached to the current report no. 19/2021 and it amounted for PLN 60 (sixty Polish Zloty); iii. the total value (based on the Buyback Price) of the purchased Shares is PLN 193,620,000 (one hundred ninety-three million six hundred twenty thousand Polish Zloty); iv. the Buyback settlement was carried out by the Brokerage House IPOPEMA Securities S.A. The repurchased Shares constitute 3.84% (three point eighty-four percent) of the share capital of the Company and 3.84% (three point eighty-four percent) of the voting rights at the General Meeting of the Company. The Shares were repurchased by the Company's wholly owned subsidiary, i.e. Etrecom Investments Limited, a company existing under the laws of Cyprus, having its registered office at 1 Arch. Makariou & Agapinoros street, JNT BUSINESS CENTRE, 1076, Nicosia, Cyprus and which is registered with the Registrar of Companies and Official Receiver (D.R.C.O.R.) of the Republic of Cyprus with registration no. HE204363 ("Buyer"). Before the Buyback transactions, the Buyer held no Shares in the Company. The Shares will be retained by the Buyer without any voting or dividend rights until the Company's Board of Directors makes the final decision in the respect of the purpose of the repurchased Shares. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Current report 21 2021 eng.pdf | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| KERNEL HOLDING S.A. | Spożywczy (spo) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| L-1273 | Luxembourg | ||||||||||||
| (post code) | (city) | ||||||||||||
| rue de Bitbourg | 9 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
Current report 21 2021 eng.pdf
