26.08.2009
Current Report No 23/2009 of August 28, 2009
Signing the annex to the credit agreement with BRE BANK S.A.
KRAKCHEMIA S.A.Board informs that on the day August 25, 2009 an annex to the credit agreement of March 2, 2004 concluded with BRE Bank Spółka Akcyjna with the seat in Warszawa (Warsaw) has been signed. The annex postpones the payment of credit amounting to 5 000 thousand PLN, on the hitherto terms, until August 30, 2010.
The safeguarding of the credit has not been changed and is formed by own blank bill, the cession of receivables from the group of selected contractors, registered pledge on the warehousing supplies, cession of receivables by virtue of circulating assets insurance constituting the object of the insurance. The credit bears an interest on the basis of a variable WIBOR O/N rate, increased by the bank`s margin. The purpose of the credit – current financing of the Company activity
22.07.2009
Current Report No. 22/2009 of July 22, 2009
The Change in the Company Articles. The Uniform Wording of the Company Articles
KRAKCHEMIA S.A. Board informs that on 22nd July 2009, the registry court ruling concerning the entry of the changes in the Company Articles implemented by the resolution No 16. of the Ordinary General Shareholders Meeting of June 18, 2009 was delivered.
On account of the above mentioned, the uniform Company Articles wording is being published publicly. The text was determined by the resolution of the Supervisory Board No 8/09/2009 of June 24, 2009, passed on the basis of the General Assembly of Co-Partners authorization granted with the resolution No 19 of the Ordinary General Shareholders Meeting of June 18, 2009. The uniform wording constitutes the attachment to this report.
The Company Board informed about passing the changes in the Company Articles in the current report No 17/ 2009. The changes concern § 5 para. 2 item 2.1 of the Articles and adopting the uniform numeration in § 5 of the Articles.
§ 5 para. 2 item . 2.1 before the change implemented by the resolution of the Ordinary General Shareholders Meeting of June 18, 2009 had the following wording :
“ 2.1 The Supervisory Board consists of 5 members elected by the General Meeting for the joint term. The General Meeting determines the number of Supervisory Board members”.
Currently § 5 para. 2 item 2.1 has the following wording:
“2.1 The Supervisory Board consists of 5 to 7 members elected by the General Meeting for the joint term. The General Meeting determines the number of Supervisory Board members”.
The Attachment uniform wording of the Company Articles
Legal Basis
§ 38 para 1 item 2 point. b) The Minister of Finance Regulation of February 19, 2009 concerning the current and periodical reports issued by the securities issuers and the conditions of qualifying as equivalent of the information required by the legal stipulations of the non-member country of the European Union (Dz. U. z 2009 r. Nr 33 poz. 259; Legal Journal 2009, No 33, item 259) in connection with § 56 para 1 item 2 point. a) of the bill of July 29, 2005 on the public offering and the conditions of introducing the financial instruments to the organised flow and on public companies (Dz. U. 2005, Nr 184, poz. 1539, with later changes Legal Journal 2005, No 184, item 1539)
17.07.2009
Current Report No. 21/2009 of July 17, 2009
Choice of the entity authorized to survey the financial reports of the company
KRAKCHEMIA S.A.Board informs that on 16.07.2009, the Supervisory Board passed a resolution on the choice of Kancelaria Biegłych Rewidentów „Konto” Sp. z o.o (Chartered Accountants Chamber) as the entity authorized to survey the financial reports of the company. KRAKCHEMIA S.A. is to conclude a contract on the mid-year survey of the Company financial report for the first half of 2009 and on the survey of the Company financial report for the accounting year of 2009.
Kancelaria Biegłych Rewidentów „Konto” Sp. z o.o with a seat in Kraków, ul. Syrokomli 17 is inscribed in the registrar of entities authorized to survey the financial reports under the entry 327.
KRAKCHEMIA S.A. has already received the services of Kancelaria Biegłych Rewidentów „Konto” Sp. z o.o within the area of the Company financial reports survey (years 2000-2003), the financial report (period Jan 01, 2004- Oct 31, 2004), a unitary and consolidated financial report of the Company for the year 2007, mid-year unitary and consolidated financial report survey of the Company for the first half of 2008 and the financial report survey for the accounting year 2008.
The Company Supervisory Board has chosen the entity authorized to survey the financial reports in accordance with the Company Articles and the adopted Principles of Good Practice of the Companies quoted at the GPW.
The legal basis:
§ 5 para. 1 item 19 of the Ministry of Finance Regulation on the current and periodical information issued by the securities issuers and the conditions of qualifying as important of the information required by the legal stipulations of the non-member country of the European Union (Dz. U. z 2009 r. Nr 33 poz. 259; Legal Journal 2009, No 33, item 259).
13.07.2009
Current Report No. 20/2009 of July 13, 2009
CONCLUSION OF A CONSIDERABLE CONTRACT
KRAKCHEMIA S.A. Board informs that the Company has signed today a distribution contract with the company BIAXPLEN HOLDING LLC, with a seat in Moscow – The Russian Federation. BIAXPLEN HOLDING LCC is one of the major polypropylene film producers on the Russian market.
The subject of the contract is a close co-operation in the area of the sale and distribution of polypropylene film. The contract has been concluded for the period of two years with a possibility of automatic prolongation unless the parties resolve otherwise. The payment will be conducted by means of a bank transfer within 60 days, starting on the day of invoice draw up.
In case of a considerable and re-occurring breach of the contract resolutions, each of the parties is entitled to cancel the contract by means of a written statement.
On the basis of the contract, the Company will be distributing BIAXPLEN HOLDING LLC products on the territory of Poland as the sole distributor, with the exception of BIAXPLEN HOLDING LLC exclusive customers.
The criterion of regarding the contract as considerable is the volume of the trade transactions, whose value exceeds 10 per cent of the Company total sale income for four quarters of the accounting year.
The Legal Basis
§ 5 para. 1 item 3 of the Ministry of Finance Regulation on the current and periodical information issued by the securities issuers and the conditions of qualifying as important of the information required by the legal stipulations of the non-member country of the European Union (Dz. U. z 2009 r. Nr 33 poz. 259; Legal Journal 2009, No 33, item 259).
03.07.2009
CURRENT REPORT No 19/2009 of 3 July, 2009
DISCLOSING THE CONFIDENTIAL INFORMATION ABOUT THE CONCLUSION OF THE INSURANCE CONTRACT
KRAKCHEMIA S.A Board informs that on 2 July, 2009 it has received information on Towarzystwo Ubezpieczeń Euler Hermes S.A. issuing an insurance policy in favour of the Company, on 1 July, 2009. The policy is valid in the period from 1 July, 2009 to 30 June, 2010. The Insurance covers the entire amount of the Company`s receivables by virtue of the trade circulation. The policy is a continuation of the insurance, which the Company informed about in current report No. 22/2008 of 5 June, 2008
22.06.2009
CURRENT REPORT No. 18/2009 of June 22, 2009
THE LIST OF SHAREHOLDERS POSSESSING AT LEAST 5% OF VOTES AT THE ORDINARY GENERAL SHAREHOLDERS MEETING OF JUNE 18, 2009
Krakchemia S.A. Board announces the list of shareholders possessing at least 5 % of the general number of votes at the Ordinary General Meeting of June 18, 2009
1. Alma Market S.A. – 5 000 000 votes, i.e. 100 % of votes at the OGSM and 50% in the overall number of votes.
Legal basis: article 70, point 3, Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005
19.06.2009
CURRENT REPORT No. 17/2009 of June 19, 2009
LISTING OF THE RESOLUTIONS PASSED AT KRAKCHEMIA S.A. ORDINARY GENERAL SHAREHOLDERS MEETING OF 18.06.2009.
KRAKCHEMIA S.A. Board informs that at the KRAKCHEMIA S.A. Ordinary General Shareholders Meeting of 18.06.2009 the following resolutions were passed:
Resolution No. 1 concerning the chairman of the meeting.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting elects Ms . Agnieszka Soboń as the chairman of the meeting.”
Resolution No. 2 concerning renouncing the secret ballot in the matters of the Vote Counting Commission members election.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting resolves to renounce the secret ballot in the matter of the Vote Counting Commission election.”
Resolution No. 3 concerning appointing the Vote Counting Commission.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting appoints the Vote Counting Commission in the following composition :
1. Włodzimierz Oprzędek,
2. Bogdan Wrześniak,
3. Sebastian Dulewicz ”
Resolution No. 4 concerning the approval of the agenda.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the proposed agenda”
Resolution No. 5 concerning approval of the Board`s report on the Company activity and the financial report for the year 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the Board`s report on the Company activity and the financial report for the year 2008, which is composed of the following:
1. The Company balance compiled on December 31, 2008, whose assets and liabilities amount to 104.164 thousand PLN;
2. Profit and loss account for the period between January 1, 2008 and December 31, 2008, which shows net profit amounting to 2.504 thousand PLN;
3. Cash flow account for the period between January 1, 2008 and December 31, 2008, which presents the cash increase by 1.045 thousand PLN;
4. Equity capital change between January 1, 2008 and December 31, 2008 presenting an increase of equity capital by the amount of 2.504 thousand PLN;
5. Additional information on the adopted accounting principles and other explanatory information for the period between January 1, 2008 and December 31, 2008”
Resolution No. 6 concerning the vote of approval granted to Mr. Andrzej Zdebski on account of his activity as the Chairman of the Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Andrzej Zdebski on the execution of his duties as the Chairman of the Board in the accounting year of 2008.”
Resolution No. 7 concerning the vote of approval granted to Mr. Bogdan Wrześniak on account of his activity as the Deputy Chairman of the Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Bogdan Wrześniak on the execution of his duties as the Deputy Chairman of the Board in the accounting year of 2008”
Resolution No.8 concerning the vote of approval granted to Mr. Włodzimierz Oprzędek on account of his activity as the Deputy Chairman of the Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Włodzimierz Oprzędek on the execution of his duties as the Deputy Chairman of the Board in the accounting year of 2008.”
Resolution No.9 concerning the approval of the report of the Supervisory Board on the Company Board`s financial report evaluation, the Board`s report on the Company activity for the accounting year of 2008, and the Company Board`s motion concerning the profit usage in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the Supervisory Board`s report on the Company Board`s financial report evaluation, the Board`s report on the Company activity for the accounting year of 2008 and the Company Board`s motion concerning the profit usage in the accounting year of 2008.”
Resolution No.10 concerning the vote of approval granted to Mr. Jerzy Mazgaj on account of his duties execution as the Chairman of the Supervisory Board in the accounting year of 2008.
“KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Jerzy Mazgaj on the execution of his duties as the Chairman of the Supervisory Board in the accounting year of 2008.”
Resolution No. 11 concerning the vote of approval granted to Grzegorz Pilch on account of his duties execution as the Deputy Chairman of the Supervisory Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr Grzegorz Pilch on the execution of his duties as the Deputy Chairman of the Supervisory Board in the accounting year of 2008.”
Resolution No. 12 concerning the vote of approval granted to Mr. Mariusz Wojdon on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Mariusz Wojdon on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 13 concerning the vote of approval granted to Mr. Konrad Hernik on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Konrad Hernik on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 14 concerning the vote of approval granted to Mr. Grzegorz Hajdarowicz on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Grzegorz Hajdarowicz on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 15 concerning the motion of the Board regarding the usage of the net profit for the accounting year 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 395 § 2 sec 2 of the Commercial Companies Code devotes the entire net profit for the accounting year of 2008 in the amount of 2.503.859,95 (two million five hundred and three thousand eight hundred and fifty nine PLN ninety five groszy) to the Company reserve capital”
Resolution No. 16 concerning the change of § 5 sec. 2 item 2.1. of the Company Articles.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting changes § 5 sec. 2 item. 2.1. of the Company Articles, which assumes the following wording :
„The Supervisory Board consists of five to seven members elected by the General Meeting for a joint term. The General Meeting determines the number of the Supervisory Board Members”
Resolution No. 17 concerning the determination of the number of Supervisory Board Members”
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting determines that the number of Supervisory Boar members in the period lasting until the end of the current term shall amount to 5 (five) people. The current resolution shall be implemented on the day of the entry of the change into the Company`s Articles implemented by the resolution number 16 of the current Meeting.”
Resolution No. 18 concerning the removal from the agenda of the vote on the change in the Company Supervisory Board composition.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting resolves to remove from the agenda the vote on the change in the composition of the Company Supervisory Board.
Resolution No. 19 concerning authorization of the Supervisory Board to compile a uniform wording of the Company Articles and the execution of changes of editing character.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting grants authorization to the Supervisory Board to compile a uniform wording of the Company Articles, taking into account the changes in the Company Articles passed with a resolution of today`s Meeting, and – in particular- the introduction of a uniform numeration of section and items in § 5 of the Articles.”
The Legal Basis:
§ 38 sec. 1 item 5 of the Minister of Finance Regulation concerning the current and periodical information published by the securities issuing entities (Official Journal, Dz. U. Of 2009 r. No 33 item. 259)
4.06.2009
CURRENT REPORT No. 16/2009 of June 4, 2009
THE WORDING OF THE RESOLUTIONS FOR THE ORDINARY GENERAL SHAREHOLDERS MEETING SUMMONED FOR THE DAY OF 18.06.2009
KRAKCHEMIA S.A. Board announces the wording of the resolution projects, which are going to be the subject of voting at the Ordinary General Shareholders Meeting summoned for June 18, which was mentioned in the current report No 15/2009:
Resolution No. 1 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the chairman of the meeting.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting elects Mr./Mrs .................................as the chairman of the meeting.
Resolution No. 2 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning renouncing the secret ballot in the matters of the Vote Counting Commission members election.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting resolves to renounce the secret ballot in the matter of the Vote Counting Commission election.”
Resolution No. 3 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning appointing the Vote Counting Commission.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting appoints the Vote Counting Commission in the following composition :
1………………………….
2………………………….
3…………………………. ”
Resolution No. 4 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the approval of the agenda.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the proposed agenda”
Resolution No. 5 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning approval of the Board`s report on the Company activity and the financial report for the year 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the Board`s report on the Company activity and the financial report for the year 2008, which is composed of the following:
1. The Company balance compiled on December 31, 2008, whose assets and liabilities
amount to ____________PLN;
2. Profit and loss account for the period between January 1, 2008 and December 31, 2008,
which shows net profit amounting to ______________PLN;
3. Cash flow account for the period between January 1, 2008 and December 31, 2008,
which presents the cash increase by _________________PLN;
4. Equity capital change between January 1, 2008 and December 31, 2008 presenting an increase
of equity capital by the amount of ___________PLN;
5. Additional information on the adopted accounting principles and other explanatory information for the period
between January 1, 2008 and December 31, 2008”
Resolution No.6 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Andrzej Zdebski on account of his activity as the Chairman of the Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Andrzej Zdebski on the execution of his duties as the Chairman of the Board in the accounting year of 2008.”
Resolution No.7 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Bogdan Wrześniak on account of his activity as the Deputy Chairman of the Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Bogdan Wrześniak on the execution of his duties as the Deputy Chairman of the Board in the accounting year of 2008”
Resolution No.8 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Włodzimierz Oprzędek on account of his activity as the Deputy Chairman of the Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Włodzimierz Oprzędek on the execution of his duties as the Deputy Chairman of the Board in the accounting year of 2008.”
Resolution No.9 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the approval of the report of the Supervisory Board on the Company Board`s financial report evaluation, the Board`s report on the Company activity for the accounting year of 2008, and the Company Board`s motion concerning the profit usage in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting approves the Supervisory Board`s report on the Company Board`s financial report evaluation, the Board`s report on the Company activity for the accounting year of 2008 and the Company Board`s motion concerning the profit usage in the accounting year of 2008.”
Resolution No.10 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Jerzy Mazgaj on account of his duties execution as the Chairman of the Supervisory Board in the accounting year of 2008.
“KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Jerzy Mazgaj on the execution of his duties as the Chairman of the Supervisory Board in the accounting year of 2008.”
Resolution No. 11 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Grzegorz Pilch on account of his duties execution as the Deputy Chairman of the Supervisory Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr Grzegorz Pilch on the execution of his duties as the Deputy Chairman of the Supervisory Board in the accounting year of 2008.”
Resolution No. 12 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Mariusz Wojdon on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Mariusz Wojdon on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 13 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Konrad Hernik on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Konrad Hernik on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 14 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the vote of approval granted to Mr. Grzegorz Hajdarowicz on account of his duties execution as the Member of the Supervisory Board in the accounting year of 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 393 sec. 1 and Art. 395 § 2 sec. 3 of the Commercial Companies Code, resolves to grant the vote of approval to Mr. Grzegorz Hajdarowicz on the execution of his duties as the Member of the Supervisory Board in the accounting year of 2008.”
Resolution No. 15 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the motion of the Board regarding the usage of the net profit for the accounting year 2008.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, acting on the basis of Art. 395 § 2 sec 2 of the Commercial Companies Code devotes the entire net profit for the accounting year of 2008 in the amount of _______________ to the Company reserve capital”
Resolution No. 16 KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the change of § 5 sec. 2 item 2.1. of the Company Articles.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting changes § 5 sec. 2 item. 2.1. of the Company Articles, which assumes the following wording :
„The Supervisory Board consists of five to seven members elected by the General Meeting for a joint term. The General Meeting determines the number of the Supervisory Board Members”
Resolution No. 17 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting,
with the seat in Kraków, of June 18, 2009 concerning the determination of the number of Supervisory Board Members
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting determines that the number of Supervisory Boar members in the period lasting until the end of the current term shall amount to ____ people. The current resolution shall be implemented on the day of the entry of the change into the Company`s Articles implemented by the resolution number 16 of the current Meeting.”
Resolution No. 18 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning the change in the Company Supervisory Board composition.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting appoints/dismisses Mr./Mrs. _________________ to/from the Supervisory Board. This resolution shall be implemented on the day of the entry of the change into the Company`s Articles implemented by the resolution number 16 of the current Meeting.
Resolution No. 18 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting, with the seat in Kraków, of June 18, 2009 concerning authorization of the Supervisory Board to compile a uniform wording of the Company Articles and the execution of changes of editing character.
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting grants authorization to the Supervisory Board to compile a uniform wording of the Company Articles, taking into account the changes in the Company Articles passed with a resolution of today`s Meeting, and – in particular- the introduction of a uniform numeration of section and items in § 5 of the Articles.”
Justification
Resolution No. 1-4 concern the procedural and regulatory activities ensuring the proper proceedings during the General Meeting.
Passing the resolutions 5-15 poses the execution of the duties resulting from Art. 395 §2 CCC (KSH).
Resolution No. 16 concerning the change in the Articles has as its aim extension of the composition of the Supervisory Board from 5 to 7 people. Extension of the Supervisory Board composition may contribute the increased efficiency of body.
Resolution No. 17 concerns an alternative decision to increase the current number of Supervisory Board members. Resolution No. 18 concerns the changes in the personal composition in the Supervisory Board, especially the ones that could result from an alternative increase in the number of its members.
The Legal Basis:
§ 38 sec. 1 item 3 of the Minister of Finance Regulation of February 19, 2009 concerning the current and periodical information published by the securities issuing entities (Official Journal, Dz. U. Of 2009 r. No 33 item. 259)
Part. II sec. 5 Good Practices of the Companies Quoted at the Warsaw Stock Exchange
12.05.2009
CURRENT REPORT No. 15/2009 of May 12, 2009
SUMMONING THE ORDINARY GENERAL SHAREHOLDERS MEETING
KRAKCHEMIA S.A. Board, with the seat in Kraków, acting on the basis of Art. 395 § 1, 399 § 1 and Art. 402 CCC, summons THE ORDINARY GENERAL SHAREHOLDERS MEETING for the day of June 18, 2009 at 15:00, which is going to take place in the Conference Room of the Chamber of Commerce and Industry in Kraków, ul. Floriańska 3, and the agenda of which is as follows:
1. Opening the General Meeting;
2. Electing the Chairman of the General Meeting;
3. Asserting the procedural correctness of calling the General Meeting and the capacity to adopt resolutions;
4. Adopting a resolution to annul the secret ballot in the matters concerning electing the Returning Officers Panel;
5. Electing the Returning Officers Panel;
6. Announcing and approving of the agenda;
7. Presenting the Board`s report on the Company activity and the Company financial report for the accounting year 2008;
8. Presenting the report of the Supervisory Board on the Company`s financial report assessment results, the Board`s report on the Company`s activity
for the accounting year 2008 and the Company Board proposal concerning the use of 2008 accounting year profit;
9. Passing the resolutions in the following matters:
a. Approving the Board`s report on the Company`s activity as well as the financial report for the 2008 accounting year;
b. Granting the vote of approval to the Members of the Board for the execution of their duties in 2008;
c. Approving the Supervisory Board report on the Company financial report assessment, the Board`s report on the Company`s activity for the
accounting year 2008 and the Company Board proposal concerning the use of 2008 accounting year profit;
d. Granting the vote of approval to the Members of the Supervisory Board for the execution of their duties in 2008;
e. The use of the Company profit for the accounting year 2008;
10. Passing the resolution in the matter of changing the § 5 para. 2 sec. 2.1. of the Company Articles;
11. Passing the resolution in the matter of determining the number of the Company Supervisory Board members;
12. Passing the resolutions in the matter of changes in the composition of the Supervisory Board;
13. Passing the resolution in the matter of the Supervisory Board authorization to determine a uniform wording of the Company Articles as well as the
introduction of editing changes;
14. Closing the meeting.
Following the intention to change the Company Articles, the Board announces the wording of the hitherto resolution § 5 para. 2 sec. 2.1. of the Articles and the content of the designed change.
The hitherto wording of § 5 para. 2 sec. 2.1.of the Articles:
„The Supervisory Board consists of five members elected by the General Meeting for a joint term. The General Meeting determines the number of the Supervisory Board members “
The proposed, new wording of § 5 para. 2 sec 2.1.of the Articles:
„The Supervisory Board is composed of five up to seven member elected by the General Meeting for a joint term. The General Meeting determines the number of the Supervisory Board members”
Moreover, the Board informs, that in accordance with Art. 406 CCC. The right of participation in the General Meeting belongs those entitled from the A and B series ordinary a vista shares if they submit at the Company seat by June 11, 2009 at 15:00 at the latest, the name-bearing share certificate issued by the entity managing the securities account in accordance with the regulations on the financial instruments trading. The certificate shall indicate the number of the shares and the fact, that the shares shall be blocked on the account until the end of the General Meeting.
The General Meeting participants registration shall begin on June 18, 2009 at 13:00 in the place of the General Meeting.
31.03.2009
CURRENT REPORT No. 14/2009 of March 31, 2009
SIGNING A SIGNIFICANT CONTRACT
KRAKCHEMIA S.A. Board (Company) informs that with an annex of March 31, 2009 the Company prolongs until March 31, 2015 the present Kraków office and warehouse facilities rental contract, concluded with „Saint-Gobain Dystrybucja Budowlana” Sp. z o.o., with the seat in Wrocław. The other contract terms have not changed.
The criterion for the consideration of the contract as significant is the value of the contract object within the period covered with an annex that exceeds 10 per cent of the overall equity capital of KRAKCHEMIA S.A.
26.03.2009
CURRENT REPORT No. 13/2009 of March 26, 2009
CHANGE IN THE DATES OF PUBLISHING THE PERIODICAL REPORTS IN 2009
KRAKCHEMIA S.A. Board, referring to the current report No. 6/2009 of January 30, 2009 as a result of the implementation of the Minister of Finance Regulation of February 19, 2009 concerning the current and periodical reports published by the issuers of securities as well as concerning the validation of equivalent information required by the law of non-member states (Journal of Laws for the year 2009, No. 33, item 259), publishes the updated dates of publishing the periodical reports of KRAKCHEMIA S.A. in 2009.
The dates of publishing the quarterly reports:
1. For the first quarter of 2009 May 14, 2009 (Thursday)
2. For the third quarter of 2009 November 13, 2009 (Friday)
The company shall not publish the periodical report for the second quarter of 2009.
The date of publishing the report for the first half of 2009– August 24, 2009 (Monday)
The day of publishing the annual report for 2008 – March 30, (Monday)
05.03.2009
CURRENT REPORT No. 12/ 2009 of March 5, 2009
THE LIST OF SHAREHOLDERS POSSESSING AT LEAST 5 % OF VOTES AT THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING CALLED FOR MARCH 3, 2009
Krakchemia S.A. Board announces the list of shareholders possessing at least 5 % of the general number of votes at the Extraordinary General Meeting of March 3, 2009
1. Alma Market S.A. – 5 000 000 votes, i.e. 76.9 % of votes at the EGSM and 50% in the overall number of votes.
2. Sławomir Piecka – 1 500 000 votes, i.e. 23.1 % of votes at the EGSM and 15% in the overall number of votes
Legal basis: article 70, point 3, Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005
04.03.2009
THE CURRENT REPORT NO.11/2009 OF MARCH 4, 2009
INFORMATION CONCERNING IMPLEMENTATION OF GPW QUOTED COMPANIES` GOOD PRACTICE RULE
Krakchemia S.A Board informs that in connection with the lack of placing the candidature and biography of a candidate for the Supervisory Board on the company `s website before the Extraordinary General Shareholders Meeting of March 3, 2009, section II.1.5 of GPW quoted companies` good practice was not implemented.
04.03.2009
CURRENT REPORT No. 10/2009, OF MARCH 4, 2009
APPOINTING A NEW MEMBER OF THE SUPERVISORY BOARD
Krakchemia S.A. Board informs, that with the Extraordinary General Meeting No 8/03/2009 of March 3, 2009, Ms Ilona Malik was appointed a member of Krakchemia S.A. Supervisory Board.
Ms. Ilona Malik, born in 1976, possesses a higher legal education. She is an articled clerk of the third year solicitor articles at the District Solicitor Chamber in Kraków. In years 2002-2008, she completed a series of courses in the field of Company auditing and supervision, including an exam for the candidates of the Members of Treasury-owned Companies` Supervisory Boards. In the years 2000-2008, she was employed in the legal and organizing entities of the local government.
Ms.Malik participated in the works connected with privatization of domestic companies. In the years 2006-2008, she was a member of the Supervisory Boards of Zakłady Azotowe Kędzierzyn S.A. oraz TBS Mokotów Sp. z o.o. (Ltd.). Since 2008, she has acted as a Director of the Privatisation Office in Nafta Polska S.A.
The activity performed by Ms. Malik does not constitute competition in reference to Krakchemia S.A. activity.
Ms. Ilona Malik is not active in any competitive company as a partner of civil partnership, personal partnership or as a member of any body of a capital partnership. She does not participate in any activity of a competitive legal activity as a member of its body, neither does she appear in the National Registrar of Insolvent Debtors.
The legal basis – article 28 of the Ministry of Finance Regulation of October 19, 2005 concerning the current and periodical information announced by the securities issuers.
04.03.2009
CURRENT REPORT No. 9/2009, OF MARCH 4, 2009
THE LIST OF RESOLUTIONS MADE AT KRAKCHEMIA S.A. EXTRAORDINARY GENERAL SHAREHOLDERS MEETING OF MARCH 3, 2009
Krakchemia S.A. Board informs that the following resolutions were made at KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting of March 3, 2009
Resolution No. 1 /03 /2009 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting with the registered office in Kraków concerning the choice of the chairman of the meeting.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting elects Mr. Tomasz Świerczyński as the Chairman”
Resolution No. 2 /03 /2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning abolishment of the secrecy of voting in the matters regarding the members of Returning Officers Panel.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting acting on the basis of Article 420 section 3 of Commercial Companies Code adopts a resolution to abolish the secrecy of voting in the matters regarding the members of Returning Officers Panel.”
Resolution No. 3/03/2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009, concerning the election of the Returning Officers Panel.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting elect the Returning Officers Panel comprising:
a) Sławomir Piecka
b) Bogdan Wrześniak
c) Włodzimierz Oprzędek
Resolution No. 4/03/2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning amending the agenda.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting adopts a resolution No. 4/03/2009 on amending the proposed agenda consisting in abandoning the election of the Secretary of the General Meeting”
Resolution No. 5/ 03/2009 0f KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning adopting the agenda.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting adopts the following agenda :
1. Opening the General Meeting
2. Electing the Chairman of the General Meeting
3. Asserting the procedural correctness of calling the General Meeting and the capacity to adopt resolutions
4. Electing the Returning Officers Panel
5. Announcing and approving of the agenda.
6. Adopting the resolution concerning the authorization of the Company Board to purchase the Company`s own shares – in accordance with Article 362 section 1 item 5 of the Commercial Companies Code – with the aim of their redemption
7. Adopting the resolution concerning change in Supervisory Board panel
8. Closing the Meeting
Resolution No. 6/03/2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning the amendment of the resolution draft to entitle the Company Board to purchase the Company `s own shares – in accordance with Article 362 section 1 item 5 of the Commercial Companies Code – with the aim of their redemption.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting adopts a resolution No. 6/03/2009 concerning the amendment of the resolution draft to entitle the Company Board to purchase the Company `s own shares – in accordance with Article 362 section 1 item 5 of the Commercial Companies Code – with the aim of their redemption consisting in increasing in the resolution presented in item 2 a) the number of shares purported for purchase up to 2, 000, 000 (two million) shares as well as increasing in the resolution presented in item 2 b) the maximum amount of payment up to 3,000,000 zl (three million zloty)”
Resolution No. 7 /03/ 2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning the authorization of the Company Board to purchase the Company `s own shares in accordance with Article 362 section 1 item 5 of the Commercial Companies Code – with the aim of their redemption.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting acting on the basis of Article 362 section 1 item 5 of the Commercial Companies Code resolves as follows:
1. KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, acting on the basis of Article 362 section 1 item 5 of the Commercial Companies Code as well as section 4 item 5 lines 1 and 2 of the Company Articles, entitles the Company Board to purchase the Company `s own shares, quoted at Giełda Papierów Wartościowych S.A. w Warszawie (called hereinafter „GPW”) with the aim of their redemption.
2. The Company will acquire the fully paid-up shares for the purpose of redemption in accordance with the following terms:
a. Total number of the shares acquired for the purpose of redemption shall not exceed 2 m (two million) shares of the nominal value of 1 zł each.
b. Total minimum price paid for the acquired shares shall not be less than 1,000 (one thousand) zł; whereas the total maximum price paid for the acquired shares shall not exceed 3 mln (three millions) zł.
c. The share can be acquired via the third parties acting on the Company’s account or through brokerage offices, on the stock market at the GWP or outside the stock market, at the Management Board’s discretion.
d. Authorization granted to the Management Board to acquire the Company `s own shares for the purpose of redemption shall cover the period from 4th March 2009 until 30th June 2010; however, not longer than until exhaustion of the means designated for the acquisition.
e. Shares acquisition through package transactions shall not be excluded.
f. Shares acquisition through public summons shall not be excluded.
g. Own shares acquisition can be financed from the amount which can be designated for distribution in accordance with Art. 348 of the CCC, at the Management Board’s discretion; the Management Board shall be entitled to decide that the own shares acquisition for the purposes of redemption can be financed from other sources,
h. Shares shall be acquired in accordance with the terms arising from Commission Regulation (EC) No 2273/2003 of 22 December 2003.
3. With respect to the Company’s interest, upon the receipt of an opinion of the Supervisory Board, the Management Board can:
a. Cease shares acquisition before 30th June 2010 or before exhaustion of the means designated for the acquisition.
b. Renounce the acquisition if part or in full.
4. The General Assembly obliges and authorizes the Management Board of the Company to undertake all factual and legal actions necessary to acquire the Company `s own shares for the purpose of their redemption in accordance with Sec. 1 of this resolution, including conclusion of contracts with brokerage offices regarding acquisition of shares by means of transactions within or without the stock market. The Management Board shall be authorized to determine other terms of shares acquisition within the scope not regulated in Sec. 1 of this resolution.
5. After termination of the process of own shares acquisition for the purpose of their redemption, following implementation of the provisions of this resolution, the Management Board shall immediately, but not later than within 4 month from this date, convene the General Shareholders Meeting in order to adopt resolutions regarding redemption of the shares and decreasing of the Company’s initial capital.”
Resolution No. 8 / 03/ 2009 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting with the registered office in Kraków, of March 3, 2009 concerning electing a new member of the Company Supervisory Board.
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting elects Ms. Ilona Malik to the Supervisory Board panel”.
Legal basis – section 39 item 5 of the Minister of Finance regulation of October 19, 2005 concerning the current and periodical reporting on the part of securities issuers.
03.03.2009
CURRENT REPORT No. 8/2009, OF MARCH 3, 2009
SUPERVISORY BOARD MEMBER RESIGNATION
Krakchemia S.A. Board informs, that on 3rd March 2009 Mr. Grzegorz Hajdarowicz submitted a resignation statement from the function of Member of Supervisory Board, starting from 2nd March 2009.
24.02.2009
CORRECTION OF CURRENT REPORT No. 6/2009 OF JANUARY 30, 2009
CORRECTION OF CURRENT REPORT No. 6/2009 OF JANUARY 30, 2009, RECTIFICATION OF EVIDENT SPELLING MISTAKE CONCERNING THE AGENDA OF PUBLISHING THE PERIODICAL REPORTS IN 2009
The Krakchemia S.A. Board would like to rectify the evident spelling mistake for current report No. 6/2009 of January 30, 2009.
In Polish version:
was: za III kwartał 2009 roku 3 listopada 2008 (wtorek)
should be: za III kwartał 2009 roku 3 listopada 2009 (wtorek)
In English version:
was: The 3rd quarter 2009 November, 2009 (Tuesday)
should be: The 3rd quarter of 2009 November 3, 2009 (Tuesday)
17.02.2009
CURRENT REPORT No. 7/2009 OF FEBRUARY 17, 2009
DRAFT RESOLUTIONS OF THE EXTRAORDINARY GENERAL ASSEMBLY CONVENED ON MARCH 3rd, 2009
The Management Board of KRAKCHEMIA S.A. announces to the public drafts of the resolutions which will be subject to voting at the Extraordinary General Assembly convened on March 3rd, 2009, of which it was announced in the current report no 5.
“Resolution no 1 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding election of the chairman of the assembly.
The Extraordinary General Assembly of KRAKCHEMIA S.A. elects Mr./Ms. ______________ for the chairman of the assembly.”
“Resolution no 2 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding election of the secretary of the assembly.
The Extraordinary General Assembly of KRAKCHEMIA S.A. elects Mr./Ms. ______________ for the secretary of the assembly.”
“Resolution no 3 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding waiving the secrecy of voting on election of the members of the Vote Counting Commission.
The Extraordinary General Assembly of KRAKCHEMIA S.A., acting on the basis of Art. 420 § 3 of the Commercial Companies Code, adopts a resolution waving the secrecy of voting on matters regarding election of the members of the Vote Counting Commission.”
“Resolution no 4 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding appointment of the Vote Counting Commission.
The Extraordinary General Assembly of KRAKCHEMIA S.A., appoints the Vote Counting Commission comprising:
1...........................................
2...........................................
3...........................................”
“Resolution no 5 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding approval of the assembly’s agenda.
The Extraordinary General Assembly of KRAKCHEMIA S.A. approves the proposed assembly’s agenda.”
“Resolution no 6 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding granting authorization to the Management Board to acquire own shares of the Company.
The Extraordinary General Assembly of KRAKCHEMIA S.A., acting on the basis of Art. 362 § 1 point 5) of the Commercial Companies Code, adopts the following:
1. The Extraordinary General Assembly of KRAKCHEMIA S.A., acting on the basis of Art. 362 § 1 point 5) of the Commercial Companies Code and § 4 Sec. 5 Sentence 1 and 2 of the Articles of Association of the Company, authorizes the Management Board to acquire own shares of the Company listed on the key market of the Giełda Papierów Wartościowych S.A. in Warsaw (hereinafter: the “GPW”), for the purpose of redemption.
2. The Company will acquire the fully paid-up shares for the purpose of redemption in accordance with the following terms:
a. Total number of the shares acquired for the purpose of redemption shall not exceed 1 mln (one million) shares of the nominal value of 1 zł each.
b. Total price paid for the acquired shares shall not be less than 1.000 (one thousand) zł; whereas total price paid for the acquired shares shall not exceed 2 million (two million) zł.
c. The shares can be acquired through third parties acting on the Company’s account or through brokerage offices, on the stock market on GWP or outside the stock market, at the Management Board’s discretion.
d. Authorization granted to the Management Board to acquire own shares for the purpose of redemption shall cover the period from 4th March 2009 until 30th June 2010, however not longer that until exhaustion of the means designated for acquisition.
e. Shares acquisition through package transactions shall not be excluded.
f. Shares acquisition through public summons shall not be excluded.
g. Own shares acquisition can be financed from the amount which can be designated for distribution due to Art. 348 of the CCC, at the Management Board’s discretion; the Management Board shall be entitled to decide that the own shares acquisition for the purposes of redemption can be financed from other sources,
h. Shares shall be acquired in accordance with terms arising from Commission Regulation (EC) No 2273/2003 of 22 December 2003.
3. With respect to the Company’s interest, upon the receipt of an opinion of the Supervisory Board, the Management Board can:
a. Cease shares acquisition before 30th June 2010 or before exhaustion of the means designated for acquisition.
b. Resign from acquisition if part or in full.
4. The General Assembly obliges and authorizes the Management Board of the Company to undertake all factual and legal actions necessary to acquire own shares of the Company for the purpose of redemption in accordance with Sec. 1 of this resolution, including conclusion of contracts with brokerage offices regarding acquisition of shares by means of transactions within or beyond stock market. The Management Board shall be authorized to determine other terms of shares acquisition within the scope not regulated in Sec. 1 of this resolution.
5. After termination of the process of own shares acquisition for the purpose of their redemption, following implementation of the provisions of this resolution, the Management Board shall immediately, but not later within 4 month from this date, convene the General Assembly in order to adopt resolutions regarding redemption of the shares and decrease of the Company’s share capital.”
“Resolution no 7 from March 3rd, 2009 of the Extraordinary General Assembly of KRAKCHEMIA S.A. with registered office in Kraków, regarding changes in the panel of the Supervisory Board.
The Extraordinary General Assembly of KRAKCHEMIA S.A., appoints/dismisses Mr./Ms. _______________ to/from the Supervisory Board.”
Justification
Resolutions no 1-5 regard order and formal issues connected with due course of the General Assembly.
Adoption of resolution no 6 is justified by significant undervaluation of the shares as a result of the current situation on the capital market. In Management Board’s opinion, acquisition of own shares and their redemption will contribute to increase of the market value of the rest of the shares.
Legal basis
§ 39 sec. 1 point 3 Regulation of the Minister of Finance on current and periodic information to be published by the issuers of securities
Section II subsection. 5 of “The Best Practices of WSE Listed Companies”
30.01.2009
CURRENT REPORT No. 6/2009 OF JANUARY 30, 2009
THE AGENDA OF PUBLISHING THE PERIODICAL REPORTS IN 2009
The Krakchemia S.A. Board is herewith providing the agenda of publishing the periodical reports in 2009:
I. The agenda of publishing quaterly reports:
1. The 4th quarter of 2008 February 12, 2009 (Thursday)
2. The 1st quarter of 2009 May 4, 2009 (Monday)
3. The 2nd quarter of 2009 August 3, 2009 (Monday)
4. The 3rd quarter of 2009 November 3, 2009 (Tuesday)
II. The date of publishing the mid-yearly report for the 1st half of 2009 – August 31, 2009 (Monday).
III. The date of publishing the yearly report for 2008 – April 29, 2009 (Wednesday)
The report was published in accordance with: § 100 section 1 of the The Minster of the Exchequer decree of October 19, 2005 concerning the current and periodical information published by the securities issuers – Journal of Laws of the Republic of Poland of 2005; No. 209, item 1744 (Dz. U. z 2005 r. nr 209, poz. 1744)
22.01.2009
CURRENT REPORT No. 5/2009 OF JANUARY 22, 2009
CALLING THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING
KRAKCHEMIA S.A. Board calls herewith the Extraordinary General Shareholders Meeting of KRAKCHEMIA S.A. for March 3, 2009; 12.00. The Meeting will be held at the Conference Room of Kraków Chamber of Commerce and Industry at 3 Floriańska St. The agenda of the Meeting is as follows :
1. Opening of the General Meeting
2. Choice of the Chairman and the Secretary of the General Meeting
3. Examination and stating the validity of summoning the General Meeting as well as its capability to vote
resolutions.
4. Choice of the Returning Officers Panel
5. Presentation and accepting the agenda
6. Voting the resolution concerning authorization of the Company Board to purchase the Company`s own shares
– in accordance with art. 362 section 1 item 5 of the Commercial Companies Code, i.e. with the aim of their
redemption.
7. Voting the resolution concerning changes in the Company Supervisory Board composition.
8. Closing of the General Meeting.
In addition, the Board informs that the right of participation in the General Meeting belongs to the authorized from A and B series ordinary a vista shares upon submitting in the Company head office the named certificates of deposit issued by the entity responsible for the securities account in accordance with the regulations concerning the financial instruments trade. The deadline for depositing the certificates is 3 p.m. on February 24, 2009. Registration of the General Meeting participants begins at 11.00 on March 3, 2009 at the venue of the General Meeting.
19.01.2009
CURRENT REPORT No. 4/2009 OF JANUARY 19, 2009
EXTENDING THE CREDIT AGREEMENT WITH KREDYT BANK S.A.
KRAKCHEMIA S.A. Board informs that by virtue of an agreement of January 19, 2009 the Company has extended its sales credit in the current account, amounting to 8.8 m zloty until January 18, 2010. The agreement was concluded with Kredyt Bank Spółka Akcyjna (Joint Stock Company), based in Warsaw.
The credit guarantee has not changed and consists of a blank promissory note and accounts receivables transfer from a group of Contractors. The credit interest is based on the changing WIBOR O/N rate basis, increased by the bank `s margin. The purpose of the credit is to finance the current activities of the Company.
12.01.2009
CURRENT REPORT No. 3/2009 OF JANUARY 12, 2009
SUPPLEMENT FOR CURRENT REPORT No. 2/ 2009 OF JANUARY 7, 2009 List OF 2008 REPORTS
KRAKCHEMIA S.A. Board completes the officially informations from current report no. 2/2009, ‘List of current and periodical reports submitted in 2008”, publicated on January 7, 2009, which includes reports of year 2007, publicated in year 2008. Furthermore, the company informs that the reports listed are available on the company`s website www.krakchemia.com.pl
Periodical reports:
Quaterly:
Consolidated financial report for the 4th quarter of 2007 (February 29, 2008)
Annual:
Annual report, 2007 (April 29, 2008)
07.01.2009
CURRENT REPORT No. 2/ 2009 OF JANUARY 7, 2009
List OF 2008 REPORTS
KRAKCHEMIA S.A. Board presents officially the comprehensive list of current and periodical reports submitted in 2008. Furthermore, the company informs that the reports listed are available on the company`s website www.krakchemia.com.pl
Current reports:
1/2008 (2.01.2008) – INFORMATION CONCRNING IMPLEMENTATION OF WARSAW STOCK EXCHANGE GOOD PRACTICES CODE
2/2008 (7.01.2008) – CALLING THE EXTRAORDINARY SHAREHOLDERS` MEETING
3/2008 (8.01.2008) – List of 2007 reports
4/2008 (14.01.2008) – BANK GUARANTEE GRANTED BY PKO BP S.A.
5/2008 (21.01.2008) – The content of resolutions projects for the Extraordinary General Shareholders Meeting called for February 7, 2008.
6/2008 (21.01.2008) – GRANTING A BILL SAFEGUARDING GUARANTEE BY KRAKCHEMIA S.A FOR BASELL ORLEN POLYOLEFINS SPRZEDAŻ SP. Z O.O.
7/2008 (23.01.2008) – EXTENDING THE CREDIT AGREEMENT WITH KREDYT BANK S.A.
8/2008 (30.01.2008) – THE DATES OF SUBMITTING THE PERIODICAL REPORTS IN 2008
9/2008 (8.02.2008) – The list of resolutions accepted at the KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting of February 7, 2008.
10/2008 (8.02.2008) – Nominating a new Supervisory Board member
11/2008 (8.02.2008) - INFORMATION CONCERNING THE IMPLEMENTATION OF WARSAW STOCK EXCHANGE GOOD PRACTICES CODE
12/2008 (13.02.2008) – Listing the shareholders holding at least 5 % of the general number of votes at the Extraordinary General Shareholders Meeting of February 7, 2008.
13/2008 (18.02.2008) – Purchasing the company`s shares by the entity connected with the Company Supervisory Board`s member
14/2008 (21.02.2008) – Purchasing the company`s shares by the entity connected with the Company Supervisory Board`s member
15/2008 (25.02.2008) – Purchasing the company`s shares by the entity connected with the Company Supervisory Board`s member
16/2008 (27.02.2008) – CHANGING THE IMPORTANT CREDIT AGREEMENT WITH PKO BP S.A.
17/2008 (14.03.2008) – DECISION TO MERGE WITH A SUBORDINATE COMPANY MAXIMEX Sp. z o.o.
18/2008 (25.03.2008) ACCEPTING THE PLAN TO MERGE WITH THE SUBORDINATE COMPANY MAXIMEX SP. Z O.O.
19/2008 (12.05.2008) CONCLUDING AN IMPORTANT CONTRACT
20/2008 (15.05.2008) – Opinion and reports by a chartered auditor on the yearly 2007 reports
21/2008 (3.06.2008) – Calling the Ordinary General Shareholders` Meeting
22/2008 (5.06.2008) – Revealing confidential information concerning condlusion of an insurance contract
23/2008 (11.06.2008) – A DRAFT OF BILLS FOR THE ORDINARY GENERAL SHAREHOLDERS` MEETING called for June 5, 2008
24/2008 (26.06.2008) – Resolutions voted at KRAKCHEMIA S.A. THE ORDINARY GENERAL SHAREHOLDERS` MEETING called for June 26, 2008
25/2008 (26.06.2008) – Listing the shareholders holding at least 5 % of the general number of votes at the Ordinary General Shareholders Meeting of June 26, 2008.
26/2008 (02.07.2008) – Purchasing the company`s shares by the entity connected with the Company Supervisory Board`s member
27/2008 (02.07.2008) – Sale of the company`s shares by the entity connected with the Company Supervisory Board`s member
28/2008 (07.07.2008) – CHOOSING THE ENTITY LIABLE TO AUDIT THE FINANCIAL REPORTS AND CONSOLIDATED REPORTS OF THE COMPANY
29/2008 (26.08.2008) SIGNING AN APPENDIX OF CREDIT CONTRACT WITH BRE BANK S.A.
30/2008 (29.08.2008) – MERGER WITH MAXIMEX SP. Z O.O.
31/2008 (22.09.2008) – SIGNING AN APPENDIX OF CREDIT CONTRACT WITH BRE BANK S.A.
32/2008 (02.10.2008) – The company enters the Liquidity Support Program
33/2008 (16.10.2008) – CHANGING THE DATES OF SUBMITTING THE PERIODICAL REPORTS
34/2008 (25.11.2008) – GRANTING THE BANK GUARANTEES BY PKO BP S.A.
Periodical reports:
Quaterly:
Consolidated financial report for the 1st quarter of 2008 (15.05.2008)
Consolidated financial report for the 2nd quarter of 2008 roku (12.08.2008)
Periodical report for the 3rd quarter of 2008 roku (3.11.2008)
Semi-annual:
Consolidated financial report for the 1st half of 2008 (25.09.2008)
06.01.2009
CURRENT REPORT No.1/2009 OF JANUARY 6, 2009
INFORMATION THAT THE COMPANY WILL NOT APPLY THE CORPORATE ORDER RULE
Krakchemia S.A. Board informs, that the Company does not and will not apply the corporate order rule in its full extent, as stipulated in the “Good Practices of the Companies Listed at the GPW (Warsaw Stock Exchange)” Document `s part II article 2, concerning placing on its website the English versions of the periodical and current reports that were submitted until the 31st December 2008.
The periodical and current reports, submitted since the 1st January 2009 onwards, will be placed on the Company`s website also in their English version.
The partial departure from the abovementioned rule is dictated by the cost reduction as well as the historical character of the reports submitted by the 31st of December 2008.