| The Management Committee of Automotive Components Europe S.A. (“the Company") hereby informs the Company received on 29 December 2015 an official notification from GRUPO INDUSTRIAL SALTILLO, S.A.B. de C.V. ("GIS") in English, on the disposal of shares of the Company for the benefit of ISLO AUTOMOTIVE, S.L. (“ISLO"). The substantive content of the notification is cited below: Zarząd Automotive Components Europe S.A. (“Spółka"), niniejszym informuje, że Spółka otrzymała 29 grudnia 2015 oficjalne zawiadomienie od GRUPO INDUSTRIAL SALTILLO, S.A.B. de C.V. ("GIS") w języku angielskim, o rozporządzeniu akcjami Spółki na rzecz ISLO AUTOMOTIVE, S.L. (“ISLO"). Właściwa treść zawiadomienia jest cytowana poniżej: “On behalf of Grupo Industrial Saltillo, S.A.B. de C.V. with its registered seat in Saltillo Coahuila in Mexico (the “GIS") and ISLO AUTOMOTIVE, S.L. with its registered seat at Bilbao, calle Ercilla nº 17, 3º, Spain (“ISLO"), pursuant to Article 69 and 69a of the Act of 29 July 2005 on Public Offering and the Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (the “POA"), I hereby notify that, on 28 December 2015 GIS has contributed 6,162,919 shares of Automotive Components Europe S.A. (the “Company") constituting 29.03 % of the total number of shares of the Company, which entitle to exercise 6,162,919 votes at the Company’s General Meeting of Shareholders, constituting 29.03 % of total number of votes at the Company’s General Meeting of Shareholders into a share capital of its subsidiary ISLO. At the same date GIS sold to ISLO 14,380,144 shares of the Company constituting 67.73 % of the total number of shares of the Company, which entitle to exercise 14,380,144 votes at the Company’s General Meeting of Shareholders, constituting 67.73 % of total number of votes at the Company’s General Meeting of Shareholders. Before the transactions referred to above GIS held directly 21,230,515 (twenty one million two hundred thirty thousand five hundred fifteen) shares of the Company constituting 100% of the total number of shares of the Company, which entitle to exercise 21,230,515 (twenty one million two hundred thirty thousand five hundred fifteen) votes at the Company’s General Meeting of Shareholders, constituting 100% of total number of votes at the Company’s General Meeting of Shareholders and ISLO did not hold any shares in the Company. After the transactions GIS holds directly 687,452 (six hundred eighty seven thousand four hundred fifty two) shares of the Company constituting 3.24% of the total number of shares of the Company, which entitle to exercise 687,452 (six hundred eighty seven thousand four hundred fifty two) votes at the Company’s General Meeting of Shareholders, constituting 3.24% of total number of votes at the Company’s General Meeting of Shareholders and indirectly through its subsidiary ISLO GIS holds 20,543,063 (twenty million five hundred forty three thousand sixty three) shares of the Company constituting 96.76 % of the total number of shares of the Company, which entitle to exercise 20,543,063 (twenty million five hundred forty three thousand sixty three) votes at the Company’s General Meeting of Shareholders, constituting 96.76 % of total number of votes at the Company’s General Meeting of Shareholders. After the transactions ISLO holds directly 20,543,063 (twenty million five hundred forty three thousand sixty three) shares of the Company constituting 96.76 % of the total number of shares of the Company, which entitle to exercise 20,543,063 (twenty million five hundred forty three thousand sixty three) votes at the Company’s General Meeting of Shareholders, constituting 96.76 % of total number of votes at the Company’s General Meeting of Shareholders. Furthermore, GIS notifies that it plans to sell the remaining 687,452 (six hundred eighty seven thousand four hundred fifty two) shares in the Company to ISLO and in the next 12 months it does not plan to acquire further shares of the Company. ISLO cannot exclude that in the next 12 months, apart from the referred to above shares to be acquired from GIS, it may acquire further shares of the Company as the result of an increase of share capital of the Company. Additionally, GIS and ISLO inform that there are no persons or entities referred to in Article 87 section 1 point 3 c) of the POA." | |
