| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 20 | / | 2021 | ||||||||
| Date of issue: | 2021-09-20 | ||||||||||
| Short name of the issuer | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||
| Subject | |||||||||||
| ANNOUNCEMENT OF A BUYBACK PRICE AND NUMBER OF SHARES IN KERNEL HOLDING S.A. TO BE PURCHASED | |||||||||||
| 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, with regard to the current report no. 19/2021 dated on the 3rd of September 2021 and the Invitation attached thereto ("Invitation") to tender for sale shares in the Company ("Shares"), the Company informs that: i. the number of Shares to be purchased as a result of the Invitation was determined as 3,227,000 (three million two hundred and twenty-seven thousand); ii. the value (based on the Buyback Price) of all purchased Shares will equal to PLN 193,620,000 (one hundred ninety-three million six hundred and twenty thousand Polish Zloty); and iii. the final buyback price for each Share ("Buyback Price") was determined as PLN 60 (sixty Polish Zloty). The Buyback Price was determined by the Brokerage House IPOPEMA Securities S.A. in order to maximize the final number of Shares to be purchased by the Buyer (as defined in the Invitation) according to the rules set out in the Invitation; iv. tenders submitted by shareholders with a price higher than the Buyback Price will not be executed; v. tenders submitted by Shareholders with a price lower than the Buyback Price will be executed in full at Buyback Price; vi. tenders submitted by Shareholders with a price equal to Buyback Price will be reduced by 23,1%. The Buyback settlement date is 24th of September 2021. Legal grounds of the report: Art. 17 of Regulation (EU) no 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Current report 20 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 20 2021 eng.pdf
