3.12.2018
CURRENT REPORT NO 34/2018 OF 3.12.2018
SIGNING AN ANNEX TO THE CREDIT AGREEMENT WITH MBANK S.A.
KRAKCHEMIA S.A. Board with a seat in Kraków („The Company”) informs that on 3 December 2018, information was received on signing an annex on 30.11.2018 to the credit in the current account of 2 March 2004, concluded with mBank S.A. with a seat in Warsaw („The Bank”), prolonging paying off the credit amounting to 5 000 0000 PLN till 15 March 2019.
The period of use underwent a change - it was prolonged till 14 March 2019.
The Company has obliged itself to submit a statment on the submission to collection in the mode of 777 § 1 item 5 of the Civil Proceedings Code, to the amount of 7.500.000 PLN.
The Company informed about the previous changes in the Contract in the current report No. 33/2018 of 29.10.2018.
Legal basis:
Art. 17 para 1 MAR
29.10.2018
CURRENT REPORT NO 33/2018 OF 29.10.2018
SIGNING AN ANNEX TO THE CREDIT AGREEMENT WITH MBANK S.A.
KRAKCHEMIA S.A. Board with a seat in Kraków („The Company”) informs that on 29 October 2018, information was received on signing an annex to the credit in the current account of 2 March 2004, concluded with mBank S.A. with a seat in Warsaw („The Bank”), prlonging paying off the credit amounting to 5 000 0000 PLN till 30 November 2018.
The period of use underwent a change - it was prolonged till 29 November 2018 and registered pledge on the financial instruments in the Company`s possession was added as a safeguard. The other terms of agreement have not underwent any change. The credit bears an interest amounting to the changeable WIBOR O/N rate, increased by the Bank`s margin. The purpose of the credit – current financing of the Company activity.
The Company informed about the previous changes in the Contract in the current report No. 57/2017 of 31.10.2017.
Legal basis:
Art. 17 para 1 MAR
26.10.2018
CURRENT REPORT NO 32/2018 OF 26.10.2018
LISTING THE SHAREHOLDERS POSSESSING AT LEAST 5% OF VOTES AT KRAKCHEMIA S.A. EXTRAORDINARY GENERAL SHAREHOLDERS` MEETING OF 26 OCTOBER 2018
KRAKCHEMIA S.A. Board Publisher the listing of shareholders possessing at least 5% of votes at KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting of 26 October 2018:
Legal basis:
Art.70 item 3 of the Bill of 29.07.2005 on public offer and on the conditions of introducing the financial instruments to the organised public trading and on public companies
26.10.2018
CURRENT REPORT NO 31/2018 OF 26.10.2018 r.
APPOINTING A NEW MEMBER OF KRAKCHEMIA S.A. SUPERVISORY BOARD
KRAKCHEMIA S.A. Board („The Company”) informs that KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting of 26.10.2018 appointed as on 26.10.2018 a new member into the Company Supervisory Board composition:
Mr. Marek Frydrych
Apart from the Company, Mr. Marek Frydrych is currently the Chairperson of Sunningwell International Polska Sp. z o.o. Board. In accordance with his affidavit, Mr. Frydrych does not carry out an activity, which is competitive to the share issuer`s activity, nor does he act as a partner in a civil partnership, personal partnership, capital partnership, neither does he act in a legal entity as a member of its body, which would be competitive to the issuer`s activity. Mr. Marek Frydrych is not registered in Rejestr Dłużników Niewypłacalnych (Insolvent Debtors Register), which is held on the basis of an Act on KRS.
Marek Frydrych
Born in 1959, graduate of Uniwersytet im. Adama Mickiewicza in Poznań (Poznań Universtity) and the State Moscow Institute of International Affairs.
He began his professional career in the Foreign Affairs Ministry in Warsaw, and subsequently in the General Consulate in Shanghai. In years 1992 – 2002, he was a Managing Director in Troy Corporation Ltd in Hong Kong, then the Board Chairperson in Troy International Trading. Since 2002, the Executive Director in Sunningwell International Ltd in Hong Kong, and since in Sunningwell International Polska Sp. z o.o. Board, first as a Member of the Board, and since 2017 as the Chairperson of the Board.
Legal basis:
§5 item 5) of the Minister of Finance Regulation of 29 March 2018, on the current and periodical information published by securities issuers and on the conditions of regarding as equivalent of the information required by the laws of a non-member state
26.10.2018
CURRENT REPORT NO 30/2018 OF 26.10.2018
LISTING OF RESULTIONS ADOPTED AT THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING OF KRAKCHEMIA S.A. ON 26.10.2018.
KRAKCHEMIA S.A. Board informs that KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting of 26.10.2018 adopted the following resolutions:
RESOLUTION No. 1 Of KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Extraordinary General Shareholders Meeting appoints Mr.Tomasz Świerczyński as the Chairman of the Meeting.”
The general number of shares represented at the Extraordinary General Meeting, from which valid votes were passed 4.724.072, percentage stake of those shares in the equity capital 52,49%.
Number of votes passed on the resolution: 4.723.982 votes „in favour”, 0 votes „against”, 90 votes „I abstain”.
RESOLUTION No. 2 Of KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Extraordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition:
- Ms. Katarzyna Rzadek,
- Mr. Józef Ponikiewicz,
- Mr. Włodzimierz Oprzędek”
The general number of shares represented at the Extraordinary General Meeting, from which valid votes were passed 4.724.072, percentage stake of those shares in the equity capital 52,49%.
Number of votes passed on the resolution: 4.724.072 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 3 Of KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Extraordinary General Shareholders Meeting adopts the agenda presented.”
The general number of shares represented at the Extraordinary General Meeting, from which valid votes were passed 4.724.072, percentage stake of those shares in the equity capital 52,49%.
Number of votes passed on the resolution: 4.724.072 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 4 Of KRAKCHEMIA S.A. Extraordinary General Shareholders` Meeting
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting appoints Mr. Marek Frydrych into the Supervisory Board composition.”
The general number of shares represented at the Extraordinary General Meeting, from which valid votes were passed 4.724.072, percentage stake of those shares in the equity capital 52,49%.
Number of votes passed on the resolution: 4.724.072 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
Legal basis:
§ 19 para. 1 item 6 of the Minister of Finance Regulation of 29 March 2018 on current and periodical information published by securities` issuers and on the conditions of regarding as equivalent of the information required by the laws of a non-member state
24.10.2018
CURRENT REPORT No 29/2018 OF 24.10.2018
THE CANDIDATURE OF MR. MAREK FRYDRYCH FOR KRAKCHEMIA S.A. SUPERVISORY BOARD
Krakchemia S.A. in Kraków Board (henceforth: „the Company”) informs that on 24.10.2018, in relation with the point in the agenda of the Company extraordinary general shareholders meeting convening on 26.10.2018, concerning the changes in the Company Supervisory Board composition, announced the candidature of Mr. Marek Frydrych for the Company Supervisory Board.
At the same time, the Company encloses in the attachments information concerning the professional career of the candidate.
Attachment
Legal basis:
Other regulations
16.10.2018
CURRENT REPORT No. 28/2018 OF 16.10.2018
RECEPTION OF THE PROTORCOL FROM THE REVIEW OF COMPANY LEDGERS WITHIN THE CONTROL PROCEEDINGS CONDUCTED BY MAŁOPOLSKA HEAD OF CUSTOMS AND INLAND REVENUE OFFICE IN KRAKÓW (NACZELNIK MAŁOPOLSKIEGO URZĘDU CELNO - SKARBOWEGO W KRAKOWIE)
Krakchemia S.A. Board with a seat in Kraków („the Company”) informs that on 16 October 2018, the protocol from the review of the Company tax books for the period from January to December 2014 was received. The review has been conducted within the control of reliability of the declared tax basis and calculating the tax on goods and service for the relevant fiscal period from January 2014 until December 2014, conducted by the head of Małopolska Custos and Inland Revenue Office in Kraków (Naczelnik Małopolskiego Urzędu Celno - Skarbowego w Krakowie). It follows from the protocol that in the course of the control proceedings, the accounting books and purchase and sale records registered for the purposes of the tax on the goods and services for the months: from January 2014 to December 2014 were deemed to be unconscientious. The wording of the protocol does not mention the amount of a potential tax arrears. The protocol names the Company sale invoices, the tax payable on which amounted to 13 989 thousand EURO, and the Company sale invoices amounting to 11 954 thousand EURO (covered with the 0% VAT rate in relations with the inner-community delivery of goods) and the Company sale invoices, for which the amount of the tax payable that was paid by the Company to the office is around 1 342 thousand PLN. The invoices mentioned int he protocol encompass the transactions connected with trading with the plastic raw materials with six Company contractors. According to the protocol findings, the economic transactions documented with the invoices and the transport documents issued by the respective trading participants did not lead to the real accomplishment of the economic objective, constituting the ratio of respective trading participants` functioning. The basis for questioning the books is connected with lack of diligence on the part of the contractors. The protocol is a document that does not determine the outcome nor finish the proceeding, which is still under way, and both the organ conducting the proceeding as well as the Company actively participate in it, collecting the evidence material. The protocol does not indicate the existence of tax arrears on the part of the Company. In the Company`s assessment, questioning the reliability of the tax books is not only premature, but also totally unjustified. In particular, the Company has not possessed, nor applied in practice the procedure of verifying the contractors, which – in its assessment – excludes the possibility of attributing to the Company the lack of due diligence while conducting the transaction. In relations therewith, the Company intends to submit within the regulatory period of 14 days – its reservations to the protocol as well as undertake necessary legal steps aiming at indicating the lack of basis for adopting the conclusions unfavourable for the Company, and to submit the evidence motions in particular. The Company publishes the information because the protocol is one of the significant stages in the control proceedings, the final result of which may have a considerable importance for the values reflected in the Company accounting books.
Legal basis: Art. 17 MAR – confidential information.
28.09.2018
Current Report No 27/2018 OF 28.09.2018
CALLING KRAKCHEMIA S.A. EXTRAORDINARY GENERAL MEETING
I.
KRAKCHEMIA Joint Stock Company Board with a seat in Kraków, ul. Powstania Listopadowego 14, inscribed into the Commercial Register by the Kraków Śródmieście Regional Court in Kraków, XI Economic Department of the National Court Register (Sąd Rejonowy dla Krakowa – Śródmieścia w Krakowie, XI Wydział Gospodarczy Krajowego Rejestru Sądowego) under NCR number (numer KRS) 0000217348 (referred to thereafter as “Company”) on the basis of art. 399 § 1 in connection with art. 4021 § 1 of the Commercial Company Code, convenes herewith an Extraordinary General Meeting on the day 26 October, 2018 at 12 o`clock, which is going to take place in Kraków, the Conference Room of the Trade and Industry Chamber (Sala Konferencyjna Izby Przemyłsowo-Handlowej, 3 Floriańska Street).
II. The Company Board proposes the following agenda :
1. Opening the Extraordinary General Meeting.
2. Election of the Chairperson of the Extraordinary General Meeting.
3. Stating the validity of summoning the Extraordinary General Meeting as well as its capability to vote resolutions.
4. Electing the Returning Officers Panel.
5. Presenting and accepting the agenda.
6. Passing the resolutions on changes in the Supervisory Board composition.
7. Closing the assembly.
III. In reference to Art. 4022 of CCC, the Board publishes information concerning the participation in the Extraordinary General Shareholders Meeting:
1. The shareholders possessing at least 1/20 of the initial capital are entitled to demand the placement of particular matters in the General Shareholders Meeting agenda. The demand should be announced to KRAKCHEMIA S.A. Board no later than 21 days before the fixed General Meeting convention date. The demand should contain justification and the draft of a proposed resolution concerning the agenda item proposed. A written form is required – the demand should be submitted at the Company seat (Kraków, ul. Powstania Listopadowego 14), or in the electronic form and transferred only to the electronic mail address wza@krakchemia.pl
The shareholder should indicate that he/she is in the possession of the required number of shares as on the date of the demand presentation i.e. he/she should enclose the certificate of shares or the certificate granting the right of participation in the General Meeting together with the demand. In case of legal persons and organisational entities without the legal person status, one needs additionally present the right of acting as a proxy on behalf of this entity through enclosing an up-to-date copy of the appropriate registry for the entity.
In case of shareholders presenting a demand by means of electronic media of communication, the documents should be transferred in the PDF format.
The demand transferred by the shareholders using the electronic communication means in a manner different than through the aforementioned email address, or without meeting the aforementioned requirements, do not have any legal effects with regard to the Company and as such are not considered.
2. The shareholders possessing at least 1/20 of the initial capital may present the resolutions drafts concerning the matters introduced to the agenda of the General Meeting or the matters, which are to be introduced to the agenda. The demand is to be presented in the written form at the Company seat (Kraków, ul. Powstania Listopadowego 14) or using the electronic communication means (in the manner and at the e-mail address presented in point 1 above).
The drafts of resolutions transferred by the shareholders using the electronic communication means in the manners other than through the email address mentioned above or without meeting the conditions described above, do not have any legal effects with regard to the Company.
3. Each of the shareholders entitled to participate in the General Meeting may introduce drafts of resolutions concerning the matters placed in the agenda during the General Meeting.
4. A shareholder may participate in the General Meeting and execute his right of vote personally or by means of a proxy. A sample of the form for right of vote execution by means of a proxy was placed on the internet page www.krakchemia.com.pl
The proxy is not obliged to vote by means of the aforementioned form.
At the same time, the Company Board informs that in case where the shareholder appoints a proxy together with an instruction concerning the vote, the Company will not verify if the proxies execute the right in accordance with the instruction, which was granted by the shareholder.
The right of representation in the voting through the proxy should be granted in a written form or in an electronic one. Granting the right of proxy in the electronic manner does not require an authorized digital signature verified by a valid signer`s private key.
The shareholder is obliged to transfer to the Company a note informing of granting the right of proxy in the electronic form at the electronic mail address wza@krakchemia.pl, not later than by 19 October 2018, by 9:00 Warsaw Mean Time
In case of transfer of the note on granting the right of proxy in the electronic manner, the shareholder or the person authorized to take part in the General Meeting, sends, at the afore-mentioned electronic address the following:
1) Scan of the certificate of share concerning the Company stocks or the notification on the right of participation in the General Meeting of the Company,
2) The text or scan of the right of proxy granted, containing the data of the person granting the right or the people acting on his/her behalf in accordance with the rules of proxy representation valid with the person granting the right,
3) Scan of the personal ID card or passport (including data allowing for the bearer identification) of the proxy acting as a natural person,
4) Scan of a copy from the register pertaining to the proxy being a legal person or an organizational unit without legal personality,
5) Electronic mail address for communication with the shareholder or his/her proxy
The aforementioned stipulations are applied accordingly, to the notification on withdrawal of the right of proxy in an electronic form
The notifications transferred by the shareholders in the form other than through the aforementioned electronic mail or without meeting the requirements outlined above, will not cause legal effects with regard to the Company.
The shareholders will be allowed to participate in the General Meeting upon the identity card presentation, and the proxies upon the identity card presentation accompanied by the valid right of proxy granted in the written manner or through an electronic manner (the proxy should present the printout of the right of proxy).
The proxies of legal persons or the organisational units without legal personality are additionally obliged to present an up-to-date copies from respective registers, naming the people authorized to represent the entities.
5. The Company Articles do not stipulate possibility of participation at the General Meeting via the use of electronic communication means.
6. The Company Articles do not stipulate possibility of voicing opinion at the General Meeting via the use of electronic communication means.
7. The Company Articles do not stipulate possibility of right of vote execution via correspondence nor via the use of electronic communication means during the General Meeting.
8. The date for registration of General Meeting participation is 10 October 2018.
9. Right of participation in KRAKCHEMIA S.A. General Meeting belongs to the people who:
a) As on 16 days before the General Meeting are the Company shareholders,
b) In the period after this announcement publication and 11 October 2018 submit to the entity carrying the security account, where the Company shares are inscribed, a demand of issuing a name-bearing certificate on the right of vote in the General Meeting.
KRAKCHEMIA S.A. determines a list of shareholders authorized to participate in the General Meeting on the basis of a list received from the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych).
On the days of 23, 24 and 25 October 2018, in the hours from 9 a.m to 3 p.m, at the seat of KRAKCHEMIA S.A (Kraków, ul. Powstania Listopadowego 14), a list of shareholders authorized to participate at the General Shareholders Meeting will be presented. A shareholder is entitled to demand the list to be transferred to his electronic email address upon request.
10. People authorized to participate in the General Meeting may obtain the complete documentation text which is to be presented at the General Meeting and the drafts of resolutions at KRAKCHEMIA S.A. seat (Kraków, ul. Powstania Listopadowego 14) or at the Company website : www.krakchemia.com.pl
11. KRAKCHEMIA S.A. will make available all necessary information concerning the General Meeting at the Company website at www.krakchemia.com.pl
IV. KRAKCHEMIA S.A. Board publishes the texts of resolution drafts to be presented at the Extraordinary General Meeting:
Resolution No 1 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting appoints Mr./Ms _____________ as the Chairman of the Meeting.”
Resolution No 2 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting.
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting resolves, acting on the basis of art. 420 § 3 of CCC, to annul the secret ballot with regard to the choice of the Returning Officers Panel composition.”
Resolution No 3 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition________________ .”
Resolution No 4 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting adopts the agenda presented.”
Resolution No 5 of KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting
„KRAKCHEMIA S.A. Extraordinary General Shareholders Meeting appoints Mr/Ms ________ into the Supervisory Board composition.”
V. Information on the total number of the Company shares and the total number of votes from shares as on the day of the General Meeting announcement
The Company equity capital amounts to 9.000.000,00 PLN and is divided into 9.000.000,00 shares of the face value amounting to 1.000 PLN each, while each share is represented by 1 vote at the Company General Meeting. The total number of votes from shares amounts to 9.000.000,00.
KRAKCHEMIA S.A. Board
Legal basis:
§ 19 para. 1 item1 of the Minister of Finance Regulation of 29 March 2018 on the current and periodical information Publisher by the securities` issuers and the conditions of regarding as equivalent of information required by non-member states
26.09.2018
26.09.2018
CURRENT REPORT No. 26/2018 OF 16.09.2018
RECEPTION OF THE PROTORCOL FROM THE REVIEW OF COMPANY LEDGERS WITHIN THE CONTROL PROCEEDINGS CONDUCTED BY MAŁOPOLSKA HEAD OF CUSTOMS AND INLAND REVENUE OFFICE IN KRAKÓW (NACZELNIK MAŁOPOLSKIEGO URZĘDU CELNO - SKARBOWEGO W KRAKOWIE)
Krakchemia S.A. Board with a seat in Kraków („the Company”) informs that on 26 September 2018, the protocol from the review of the Company tax books for the period from March to December 2013 was received. The review has been conducted within the control of reliability of the declared tax basis and calculating the tax on goods and service for the relevant fiscal period from March 2013 until December 2013, conducted by the head of Małopolska Custos and Inland Revenue Office in Kraków (Naczelnik Małopolskiego Urzędu Celno - Skarbowego w Krakowie). It follows from the protocol that in the course of the control proceedings, the accounting books and purchase and sale records registered for the purposes of the tax on the goods and services for the months: from March 2013 to December 2013 were deemed to be unconscientious. The wording of the protocol does not mention the amount of a potential tax arrears. The protocol names the Company sale invoices, the tax payable on which amounted to 19 768 thousand EURO, and the Company sale invoices amounting to 15 892 thousand EURO (covered with the 0% VAT rate in relations with the inner-community delivery of goods) and the Company sale invoices, for which the amount of the tax payable that was paid by the Company to the office is around 2 481 thousand PLN. The invoices mentioned int he protocol encompass the transactions connected with trading with the plastic raw materials with seven Company contractors. According to the protocol findings, the economic transactions documented with the invoices and the transport documents issued by the respective trading participants did not lead to the real accomplishment of the economic objective, constituting the ratio of respective trading participants` functioning. The basis for questioning the books is connected with lack of diligence on the part of the contractors. The protocol is a document that does not determine the outcome nor finish the proceeding, which is still under way, and both the organ conducting the proceeding as well as the Company actively participate in it, collecting the evidence material. The protocol does not indicate the existence of tax arrears on the part of the Company. In the Company`s assessment, questioning the reliability of the tax books is not only premature, but also totally unjustified. In particular, the Company has not possessed, nor applied in practice the procedure of verifying the contractors, which – in its assessment – excludes the possibility of attributing to the Company the lack of due diligence while conducting the transaction. In relations therewith, the Company intends to submit within the regulatory period of 14 days – its reservations to the protocol as well as undertake necessary legal steps aiming at indicating the lack of basis for adopting the conclusions unfavourable for the Company, and to submit the evidence motions in particular. The Company publishes the information because the protocol is one of the significant stages in the control proceedings, the final result of which may have a considerable importance for the values reflected in the Company accounting books.
Legal basis:
Art. 17 MAR – confidential information.
21.09.2018
CURENT REPORT No 25/2018 OF 21.09.2018
CHANGE IN THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 21.09.2018, a notification was received from Powszechne Towarzystwo Emeryalne PZU S.A. on the basis of Art.69 of the Act of 29 July 2005 on public offer and on conditions of introducing the financial instruments into the organised trading system as well as on public companies. The wording of the notification in the enclosure.
Legal basis:
Art.70 item 1 of the Act of 29.07.2005 on public offer and on conditions of introducing the financial instruments into the organised trading system as well as on public companies
21.09.2018
CURRENT REPORT No 24/2018 OF 21.09.2018
RESIGNATION OF A SUPERVISORY BOARD MEMBER
KRAKCHEMIA S.A. Board with a seat in Kraków („the Company”) hereby informs that on 21 September 2018, Mr. Grzegorz Janas submitted his resignation from the post of a Member of Krakchemia S.A. Supervisory Board as on 21 September 2018.
Mr. Grzegorz Janas resigned from the post of a Member of the Supervisory Board in relations with the sale of the Company share packet by Grupa PZU, which recommended him.
Legal basis:
§ 5 para. 4 Minister of Finance Regulation of 29 March 2018, on the current and periodical information published by the securities` issuers and on the conditions of regarding as equivalent of the information requireted by the laws of a non-member state
21.09.2018
CURRENT REPORT No 23/2018 OF 21.09.2018
CHANGE IN THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 21.09.2018 a notification dated as on 20.09.2018 was received from Peter Gyllenhammar AB („PGAB”) concerning the change in the total number of votes. The information has been sent on the basis of Art. 69 para 1 item 1 of the Act on the public offer and the conditions of introducing the financial instruments into the organised trading system as well as on public companies.
The change in the number of votes ensued as a result of the transaction of share purchase at GPW, conducted on 19.09.2018.
Before the purchase transaction, PGAB possessed 1 392 242 Company shares, which constituted 15,47% of the Company equity capital and authorised to execute 1 392 242 votes at the Company general meeting, which constituted 15,47% stake in the total number of votes in the Company.
After the purchase transaction, PGAB possessed 1 901 242 Company shares, which constituted 21,12% of the Company equity capital and authorised to execute 1 901 242 votes at the Company general meeting, which constituted 21,12% stake in the total number of votes in the Company.
In the perspective of the oncoming 12 months, PGAB does not exclude purchasing or selling the shares depending on the market situation.
Moreover, PGAB informs that: (i) there are no entities dependent on PGAB, which would possess the Company shares; (ii) there are no people, mentioned in Art. 87para 1 item 3 letter c) of the Act; and (iii) there are no financial instruments in possession, which are mentioned in Art. 69 para. 4 item 7 and 8 of the Act concerning the Company shares.
enclosure
Legal basis
Art.70 item. 1 of the Act of 29.07.2005 on public offer and on conditions of introducing financial instrument sinto the organised trading system and on public companies
20.09.2018
CURENT REPORT No 22/2018 OF 20.09.2018
CHANGE IN THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 20.09.2018, a notification was received from Quercus Towarzystwo Funduszy Inwestycyjnych S.A. on the basis of Art.69 of the Act of 29 July 2005 on public offer and on conditions of introducing the financial instruments into the organised trading system as well as on public companies. The wording of the notification in the enclosure.
Legal basis:
Art.70 item 1 of the Act of 29.07.2005 on public offer and on conditions of introducing the financial instruments into the organised trading system as well as on public companies
19.09.2018
CURRENT REPORT No 21/2018 OF 19.09.2018
CHANGE IN THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 19.09.2018 a notification dated as on 18.09.2018 was received from Peter Gyllenhammar AB („PGAB”) concerning the change in the total number of votes. The information has been sent on the basis of Art. 69 para 1 item 1 of the Act on the public offer and the conditions of introducing the financial instruments into the organised trading system as well as on public companies.
The change in the number of votes ensued as a result of the transaction of share purchase at GPW, conducted on 17.09.2018.
Before the purchase transaction, PGAB possessed 952 242 Company shares, which constituted 10,58% of the Company equity capital and authorised to execute 952 242 votes at the Company general meeting, which constituted 10,58% stake in the total number of votes in the Company.
After the purchase transaction, PGAB possessed 1 392 242 Company shares, which constituted 15,47% of the Company equity capital and authorised to execute 1 392 242 votes at the Company general meeting, which constituted 15,47% stake in the total number of votes in the Company.
In the perspective of the oncoming 12 months, PGAB does not exclude purchasing or selling the shares depending on the market situation.
Moreover, PGAB informs that: (i) there are no entities dependent on PGAB, which would possess the Company shares; (ii) there are no people, mentioned in Art. 87para 1 item 3 letter c) of the Act; and (iii) there are no financial instruments in possession, which are mentioned in Art. 69 para. 4 item 7 and 8 of the Act concerning the Company shares.
enclosure
Legal basis
Art.70 item. 1 of the Act of 29.07.2005 on public offer and on conditions of introducing financial instrument sinto the organised trading system and on public companies
18.09.2018
CURRENT REPORT NO 20/2018 OF 18.09.2018
CHANGE OF STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 18.09.2018 a notification was received from Powszechne Towarzystwo Emerytalne PZU S.A. in the following wording:
Acting on the basis of Art. 69 para. 1 item 2 of the Act of 29 July 2005 on public offer and on the conditions of introducing the financial instrument into the organised trading system and on public companies (i.e. Dz.U. poz. 512 z 2018 roku, z późniejszymi zmianami – Journal of Law item 512 of 2018 with later changes) Powszechne Towarzystwo Emerytalne PZU S.A. acting on behalf of Otwarty Fundusz Emerytalny PZU „Złota Jesień” (OFE PZU) hereby notifies that as a result of conclusion on 14 September 2018 of the sale transaction 450 000 (four hundred and fifty thousand) Krakchemia S.A. shares (ISIN PLKRKCH00019) in the form of a packet transaction at GPW in Warszawa, after its clearance on 18 September this year, OFE PZU reached less than 10% of the total number of votes in the afore-mentioned company.
Listing the share number and votes before the conclusion of the above-mentioned transaction and after the its conclusion is shown in the table.
|
|
Number of shares in possession |
Percentage stake in the capital |
Number of votes in possession |
Percentage stake in the number of votes |
|
Before concluding the transaction |
964 779 |
10,72 |
964 779 |
10,72 |
|
After concluding the transaction |
514 779 |
5,72 |
514 779 |
5,72 |
OFE PZU informs that:
Legal basis:
Art.70 item. 1 of the Act of 29.07.2005 on public offer and on the conditions of introducing the financial instruments into the organised trading system as well as on public companies.
18.09.2018
CURRENT REPORT No 19/2018 OF 18.09.2018
CHANGE IN THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 18.09.2018 a notification dated as on 17.09.2018 was received from Peter Gyllenhammar AB („PGAB”) concerning the change in the total number of votes. The information has been sent on the basis of Art. 69 para 1 item 1 of the Act on the public offer and the conditions of introducing the financial instruments into the organised trading system as well as on public companies.
The change in the number of votes ensued as a result of the transaction of share purchase at GPW, conducted on 14.09.2018.
Before the purchase transaction, PGAB possessed 502 242 Company shares, which constituted 5,58% of the Company equity capital and authorised to execute 502 242 votes at the Company general meeting, which constituted 5,58% stake in the total number of votes in the Company.
After the purchase transaction, PGAB possessed 952 242 Company shares, which constituted 10,58% of the Company equity capital and authorised to execute 952 242 votes at the Company general meeting, which constituted 10,58% stake in the total number of votes in the Company.
In the perspective of the oncoming 12 months, PGAB does not exclude purchasing or selling the shares depending on the market situation.
Moreover, PGAB informs that: (i) there are no entities dependent on PGAB, which would possess the Company shares; (ii) there are no people, mentioned in Art. 87para 1 item 3 letter c) of the Act; and (iii) there are no financial instruments in possession, which are mentioned in Art. 69 para. 4 item 7 and 8 of the Act concerning the Company shares.
enclosure
Legal basis
Art.70 item. 1 of the Act of 29.07.2005 on public offer and on conditions of introducing financial instrument sinto the organised trading system and on public companies
26.07.2018
CURRENT REPORT No 18/2018 OF 26.07.2018
SELECTION OF THE ENTITY ENTITLED TO EXAMINE THE COMPANY FINANCIAL REPORTS
KRAKCHEMIA S.A. Board („The Company”) informs that on 26 July 2018, the Company Supervisory Board selected PRO AUDIT Kancelaria Biegłych Rewidentów Spółka z o.o., as the entity entitled to examine the financial reports. The Company is to sign a contract with PRO AUDIT to examine the Company mid-year financial result for the first half of 2018, to examine the Company financial report for the trading year 2018 as well as the review of the Company mid-year financial report for the 1st half of 2019 and to review the Company financial report for the trading year 2019. PRO AUDIT Kancelaria Biegłych Rewidentów Spółka z o.o., with a seat in Kraków, E. Wasilewskiego 20 Street, is listed in the register of entities entitled to examined financial reports under the entry No. 2696. The Company Supervisory Board made the selection of the entity entitled to examine financial reports in accordance with the valid legal regulations and the Company Articles.
Legal basis:
Art. 17 para. 1 – MAR
11.07.2018 R.
CURRENT REPORT NO 17 OF 11.07.2018
CONCLUDING AN ANNEX TO THE CREDIT AGREEMENT WITH ALIOR BANK SA AN AN ANNEX TO THE AGREEMENT ON THE LIMIT FOR GUARANTEES
Krakchemia SA Board with a seat in Kraków („The Company”) informs on the conclusion on 11 July 2018 of an annex to the credit agreement No. U0003207958476/A on credit in the current account between the Company and Alior Bank S.A. („Credit Agreement”).
In accordance with the annex to the Credit Agreement, the crediting period on the basis of the Credit Agreement was prolonged till 28 February 2019, along with the gradual decreasing of the limit, every month by the amount of 500.000,00 PLN, starting from 31 August 2018, until the final amount of credit of 7 m PLN.
The other terms of the Credit Agreement have not undergone any change.
Moreover, the Company Board informs that on 11 July 2018, an annex to the agreement on the limit for guarantees No. U0003207958476/B, concluded between the Company and Alior Bank S.A. („The Agreement on Limit”), was concluded.
In accordance with the annex to the Agreement on Limit, Alior Bank S.A. granted in favour of the Company a limit enabling it to submit numerous commissions to the Bank to grant bank guarantees until the total amount of 12.192.350,00 PLN. The period of the credit use was established until 28 February 2019.
The Company informed on the conclusion of the Credit Agreement and on the Agreement on the Limit with a current report No. 24/2017 of 14.06.2017.
Legal basis:
Art. 17 para. 1 – MAR
11.07.2018
CURRENT REPORT NO 16/2018 OF 11.07.2018
SIGNING AN ANNEX TO THE REVERSED FACTORING AGREEMENT
KRAKCHEMIA S.A. Board with a seat in Kraków (henceforth: „The Company”) informs that on 11 July 2018 an annex to the factoring agreement No. 1666/2017 of 19 December 2017 (henceforth: „The Agreement”),concluded withCoface Poland Factoring Sp. z o.o., was signed.
On the basis of the annex, the factoring limit granted within the Agreement was decreased to the amount of 2.000.000,00 PLN.
The other terms of the Agreement have not undergone any change.
The Company informed on the conclusion of the Agreement in the current report No. 63/2017 of 19.12.2017.
Legal basis:
Art. 17 para. 1 – MAR
29.06.2018
CURRENT REPORT No 15/2018 OF 29.06.2018
SIGNING AN ANNEX TO THE INSURANCE CONTRACT WITH COMPAGNIE FRANCAISE D`ASSURANCE POUR LE COMMERCE EXTERIEURE (COFACE)
KRAKCHEMIA S.A. Board with a seat in Kraków (henceforth: „The Company”) informs that on 29.06.2018, an annex to the insurance contract of 30 December 2016 (henceforth: “The Contract”) concluded with COMPAGNIE FRANCAISE D’ASSURANCE POUR LE COMMERCE EXTERIERUR (henceforth: “COFACE”) was signed.
The validity of the Contract was prolonged by a 24-month period lasting till 30 June 2020.
The other terms of the Contract have not undergone a change.
The Company informed of the Contract in the current report No 37/2016 of 30.12.2016
Legal basis:
Art. 17 para.1 - MAR
28.06.2018
CURRENT REPORT NO 14/2018 OF 28.06.2018
LISTING THE SHAREHOLDERS POSSESSING AT LEAST 5% OF VOTES AT KRAKCHEMIA S.A. ORDINARY GENERAL SHAREHOLDERS` MEETING OF 25 JUNE 2018
KRAKCHEMIA S.A. Board Publisher the listing of shareholders possessing at least 5% of votes at KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting of 25 June 2018:
Legal basis:
Art.70 item 3 of the Bill of 29.07.2005 on public offer and on the conditions of introducing the financial instruments to the organised public trading and on public companies
25.06.2018
CURRENT REPORT No 13/2018 OF 25.06.2018
CHANGES IN THE COMPOSITION OF THE SUPERVISORY BOARD – RECALLING TOW MEMBERS OF THE COMPANY SUPERVISORY BOARD AND APPOINTING TWO NEW MEMBERS OF KRAKCHEMIA S.A. SUPERVISORY BOARD
KRAKCHEMIA S.A. Board („The Company”) informs that the Ordinary General Shareholders Meeting of KRAKCHEMIA S.A. of 25.06.2018
Ms Anna Dubiel, who has hitherto filled the function of the Company Supervisory Board Secretary;
Mr. Michał Mierzejewski, who has hitherto filled the function of the Company Supervisory Board member;
Mr. Grzegorz Janas.
Apart from the Company enterprise, Mr. Grzegorz Janas is currently the Chairperson of PZU Centrum Operacji S.A. Board. According to his statement, Mr. Grzegorz Janas does not conduct any competitive activity to the one of the issuer`s and does not participate in any competing company as a partner of a civil partnership, nor of a partnership, joint stock company nor any competitive legal person as a member of its body. Mr. Grzegorz Janas is not registered in the Insolvent Debtors` Register, maintained on the basis of the Act on KRS (National Court Register).
Mr. Władysław Kardasiński.
Apart from the Company enterprise, Mr. Władysław Kardasiński does not conduct any activity. According to his statement, Mr. Kardasiński does not conduct any competitive activity to the one of the issuer`s and does not participate in any competing company as a partner of a civil partnership, nor of a partnership, joint stock company nor any competitive legal person as a member of its body. Mr. Wladysław Kardasiński is not registered in the Insolvent Debtors` Register, maintained on the basis of the Act on KRS (National Court Register)..
Grzegorz Janas
Born in 1974, graduated from Uniwersytet imienia Marii Curie-Skłodowskiej in Lublin.
His professional career commenced in BK-Daewoo Leasing in Lublin, subsequently he was related with CTL-Laserinstruments in Warszawa. After doing his court referendary term, he was employed as a court referendary, first in the District Court in Nowy Dwór Mazowiecki, and subsequently in the District Court in Warszawa. During his judicature work, he was delegated to the Ministry of Treasury to the post of the minister`s counsellor – the head of a Team for Privatisation Processes Control. Having terminated his work in the state administration, related to PGE Group and the Military TBS Kwatera. Since May 2016, related to PZU Group, where he has been filling the function of the Investment Analysis Bureau Director and of PZU Centrum Operacji Board Chairperson.
A member of numerous social organisations, active in the legislative works on the changes concerning the access to the „legal profession”, the Act on the receiver`s licence, changes related to the court debt collection and on performing the bailiff profession, as well as the civil code regulations and the civil proceedings code.
As a lawyer, Mr. Janas specialises in the corporate, economic and real estate trade law. The author of publications on the company laws, the act on the registered pledge and on the pledge register as well as the act on the economic activity freedom.
Władysław Kardasiński
Mr. Kardasiński is a retired professional soldier. He has secondary, administrative-legal education, officer school. In the years 2003-2016, he filled the function of Alma Market S.A. Supervisory Board member.
Legal basis:
§5 item 4) and 5) Minister of Finance Regulation of 29 March 2018 on the current and periodical information published by the security issuers and on the conditions of regarding as equivalent the information required by the regulations of a non-member state.
25.06.2018
CURRENT REPORT NO 12/2018 OF 25.06.2018
LISTING OF RESULTIONS ADOPTED AT THE ORDINARY GENERAL SHAREHOLDERS MEETING OF KRAKCHEMIA S.A. ON 25.06.2018.
KRAKCHEMIA S.A. Board informs that KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting of 25.06.2018 adopted the following resolutions:
RESOLUTION No. 1 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr.Tomasz Świerczyński as the Chairman of the Meeting.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.531 votes „in favour”, 0 votes „against”, 90 votes „I abstain”.
RESOLUTION No. 2 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition:
- Ms. Dorota Widz-Szwarc,
- Ms. Katarzyna Kosior,
- Ms. Kamila Kasprzyk.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 3 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting adopts the agenda presented.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 4 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting. approves the financial report for the trading year 2017, which is composed of:
1. The financial situation report, compiled as on 31 December 2017, which on the asset as well as on own equity and liabilities side amounts to 129 232 039,12 PLN;
2. Profit or loss and other total income report for the period from 1 January 2017 to 31 December 2017, presenting net loss in the amount of 8 367 159,19 PLN;
3. The financial flow account for the period from 1 January 2017 to 31 December 2017, presenting an increase of cash and credit in the current account by 4 899 530,41 PLN;
4. Own equity changes for the financial year from 1 January 2017 to 31 December 2017 presenting an decrease in own equity by the amount 4 324 447,39 PLN;
5. Notes for the financial report.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 5 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Company Board report on the Company activity for the trading year 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 6 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Andrzej Zdebski a vote of approval on the fulfilment of duties as the Chairperson of the Company Board in the trading year from 1 January 2017 to 31 December 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 2.824.621, percentage stake of those shares in the equity capital 31,38%.
Number of votes passed on the resolution : 2.824.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 7 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Włodzimierz Oprzędek a vote of approval on the fulfilment of duties as the Deputy Chairperson of the Company Board in the trading year from 1 January 2017 to 31 December 2017”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 8 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting. resolves to grant Mr. Jerzy Mazgaj a vote of approval on the fulfilment of duties as the Chairperson of the Supervisory Board in the trading year from 1 January 2017 to 31 December 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.207.197, percentage stake of those shares in the equity capital 35,64%.
Number of votes passed on the resolution : 3.207.197 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 9 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Barbara Mazgaj a vote of approval on the fulfilment of duties as the Deputy Chairperson of the Supervisory Board in the trading year from 1 January 2017 to 31 December 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 10 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Bestrzyński a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 11 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Mariusz Wojdon a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 2.824.621 votes „in favour”, 0 votes „against”, 1.060.000 votes „I abstain”.
RESOLUTION No. 12 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Hajbos a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 13 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Anna Dubiel a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 14 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Katarzyna Siedlecka- Hajbos a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 15 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr Michał Mierzejewski a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed 3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 16 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves that the net loss in the trading year 2017 amounting for the period from 1 January 2017 to 31 December 2017 to 8 367 159,19 PLN will be covered from the Company reserve capital.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 17 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„ KRAKCHEMIA S.A Ordinary General Shareholders Meeting withdraws Ms. Anna Dubiel from the Supervisory Board composition.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.008.246 votes „in favour”, 0 votes „against”, 876.375 votes „I abstain”.
RESOLUTION No. 18 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting withdraws Mr. Michał Mierzejewski from the Supervisory Board composition.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.008.246 votes „in favour”, 0 votes „against”, 876.375 votes „I abstain”.
RESOLUTION No. 19 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr. Grzegorz Janas into the Supervisory Board composition.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 20 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr. Władysław Kardasiński into the Supervisory Board composition.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 3.884.621 votes „in favour”, 0 votes „against”, 0 votes „I abstain”.
RESOLUTION No. 21 Of KRAKCHEMIA S.A. Ordinary General Shareholders` Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting determines a monthly remuneration for the Company Supervisory Board in the amount of as follows:
1. The Supervisory Board Chairperson – amounting to 7-fold average monthly salary in the company sector in the calendar year immediately before the given year, when the monthly salary is calculated, established on the basis of GUS Chairperson announcement,
2. The Supervisory Board Deputy Chairperson - amounting to 4-fold average monthly salary in the company sector in the calendar year immediately before the given year, when the monthly salary is calculated, established on the basis of GUS Chairperson announcement,
3. The Supervisory Board Secretary- amounting to 2-fold average monthly salary in the company sector in the calendar year immediately before the given year, when the monthly salary is calculated, established on the basis of GUS Chairperson announcement,
4. Other Members of The Supervisory Board - amounting to 1-fold average monthly salary in the company sector in the calendar year immediately before the given year, when the monthly salary is calculated, established on the basis of GUS Chairperson announcement.”
The general number of shares represented at the Ordinary General Meeting, from which valid votes were passed3.884.621, percentage stake of those shares in the equity capital 43,16%.
Number of votes passed on the resolution : 2.915.946 votes „in favour”, 968.675 votes „against”, 0 votes „I abstain”.
Legal basis:
§ 19 para. 1 item 6 of the Minister of Finance Regulation of 29 March 2018 on current and periodical information published by securities` issuers and on the conditions of regarding as equivalent of the information required by the laws of a non-member state
22.06.2018
CURRENT REPORT No 11/2018 OF 22.06.2018
THE CANDIDATURE OF MR. GRZEGORZ JANAS FOR KRAKCHEMIA S.A. SUPERVISORY BOARD
Krakchemia S.A. in Kraków Board (henceforth: „the Company”) informs that on 22.06.2018 Powszechne Towarzystwo Emerytalne PZU SA, representing the shareholder of the Company - Otwarty Fundusz Emerytalny PZU „Złota Jesień”, in relation with the point in the agenda of the Company ordinary general shareholders meeting convening on 25.06.2018, concerning the the changes in the Company Supervisory Board composition, announced the candidature of Mr. Grzegorz Janas for the Company Supervisory Board.
In accordance with the submitted statement, there are no obstacles in the candidature of Mr. Grzegorz Janas for the Supervisory Board, in particular, Mr. Janas has never been punished for any of the offenses indicated in the Art. 18 para. 1 nor para. 2 of CCC, neither does he participate as a partner in any civil company, partnership, or as a member of any body in the limited company that would be the Company`s competitor. Moreover, Mr. Janas does not participate in any legal company that would be the competition to the company, neither as a member of its body. Mr. Grzegorz Janas is not registered in the insolvent debtors register.
At the same time, the Company encloses in the attachments information concerning the professional career of the candidate.
Attachment
Legal basis:
Other regulations
13.06.2018
Current Report No 10/2018 OF 13.06.2018
CONCLUDING AN ANNEX TO THE CREDIT AGREEMENT WITH ALIOR BANK SA AND THE END OF THE PERIOD OF USING THE LIMIT FOR THE GUARANTEES.
Krakchemia SA Board with a seat in Kraków („The Company”), with reference to the current report No. 24/2017 of 14 June 2017, informs upon the conclusion on 13 June 2018 of an annex to the credit agreement No. U0003207958476/A on the credit in the current account between the Company and Alior Bank SA („Credit Agreement”). In accordance with the annex, the credit period on the basis of the Credit Agreement is prolonged till 13 July 2018.
At the same time, the Company Board informs that with reference to the agreement of 14 June 2017 on the limit for guarantees No. U0003207958476/B between the Company and Alior Bank SA, the period of the limit use finished as on 13 June 2018.
The Company is holding talks with the bank on the prlongation of the above-mentioned agreements.
Legal basis:
Art. 17 para. 1 – MAR
30.05.2018
Current Report No 9/2018 OF 30.05.2018
CALLING KRAKCHEMIA S.A.ORDINARY GENERAL MEETING
I.
KRAKCHEMIA Joint Stock Company Board with a seat in Kraków, ul. Powstania Listopadowego 14, inscribed into the Commercial Register by the Kraków Śródmieście Regional Court in Kraków, XI Economic Department of the National Court Register (Sąd Rejonowy dla Krakowa – Śródmieścia w Krakowie, XI Wydział Gospodarczy Krajowego Rejestru Sądowego) under NCR number (numer KRS) 0000217348 (referred to thereafter as “Company”) on the basis of art. 399 § 1 in connection with art. 4021 § 1 of the Commercial Company Code, convenes herewith an Ordinary General Meeting on the day 25 June, 2018 at 12 o`clock, which is going to take place in Kraków, the Conference Room of the Trade and Industry Chamber (Sala Konferencyjna Izby Przemyłsowo-Handlowej, 3 Floriańska Street).
II.
The Company Board proposes the following agenda :
Opening the General Meeting
Election of the Chairperson of the General Meeting.
3. Stating the validity of summoning the General Meeting as well as its capability to vote resolutions.
4. Electing the Returning Officers Panel.
5. Presenting and accepting the agenda.
6. Presenting and considering the Company Board report on the Company activity and the financial report of the Company for the financial year 2017.
7. Presenting the Supervisory Board report encompassing in particular (i) the review of the Company financial report, of the Company Board report on the Company activity for the year 2017 and (ii) the Company Board motion concerning the coverage of the loss for the financial year 2017.
8. Passing resolutions concerning:
8.1. Approval of the financial report for the financial year 2017;
8.2. Approval of the Board report on the Company activity for 2017;
8.3. Passing the vote of approval on the fulfilment of duties by the members of the Company Board in the financial year 2017;
8.4. Passing the vote of approval on the fulfilment of duties by the members of the Supervisory Board in the financial year 2017;
8.5. Covering the loss for the trading year 2017.
9. Passing the resolutions on changes in the Supervisory Board composition
10. Passing the resolutions on the remuneration of the Company Supervisory Board Members.
11. Closing the assembly.
III.
In reference to Art. 4022 of CCC, the Board publishes information concerning the participation in the General Shareholders Meeting:
1. The shareholders possessing at least 1/20 of the initial capital are entitled to demand the placement of particular matters in the General Shareholders Meeting agenda. The demand should be announced to KRAKCHEMIA S.A. Board no later than 21 days before the fixed General Meeting convention date. The demand should contain justification and the draft of a proposed resolution concerning the agenda item proposed. A written form is required – the demand should be submitted at the Company seat (Kraków, ul. Powstania Listopadowego 14), or in the electronic form and transferred only to the electronic mail address wza@krakchemia.pl
The shareholder should indicate that he/she is in the possession of the required number of shares as on the date of the demand presentation i.e. he/she should enclose the certificate of shares or the certificate granting the right of participation in the General Meeting together with the demand. In case of legal persons and organisational entities without the legal person status, one needs additionally present the right of acting as a proxy on behalf of this entity through enclosing an up-to-date copy of the appropriate registry for the entity.
In case of shareholders presenting a demand by means of electronic media of communication, the documents should be transferred in the PDF format.
The demand transferred by the shareholders using the electronic communication means in a manner different than through the aforementioned email address, or without meeting the aforementioned requirements, do not have any legal effects with regard to the Company and as such are not considered.
2. The shareholders possessing at least 1/20 of the initial capital may present the resolutions drafts concerning the matters introduced to the agenda of the General Meeting or the matters, which are to be introduced to the agenda. The demand is to be presented in the written form at the Company seat (Kraków, ul. Powstania Listopadowego 14) or using the electronic communication means (in the manner and at the e-mail address presented in point 1 above).
The drafts of resolutions transferred by the shareholders using the electronic communication means in the manners other than through the email address mentioned above or without meeting the conditions described above, do not have any legal effects with regard to the Company.
3. Each of the shareholders entitled to participate in the General Meeting may introduce drafts of resolutions concerning the matters placed in the agenda during the General Meeting.
4. A shareholder may participate in the General Meeting and execute his right of vote personally or by means of a proxy. A sample of the form for right of vote execution by means of a proxy was placed on the internet page www.krakchemia.com.pl
The proxy is not obliged to vote by means of the aforementioned form.
At the same time, the Company Board informs that in case where the shareholder appoints a proxy together with an instruction concerning the vote, the Company will not verify if the proxies execute the right in accordance with the instruction, which was granted by the shareholder.
The right of representation in the voting through the proxy should be granted in a written form or in an electronic one. Granting the right of proxy in the electronic manner does not require an authorized digital signature verified by a valid signer`s private key.
The shareholder is obliged to transfer to the Company a note informing of granting the right of proxy in the electronic form at the electronic mail address wza@krakchemia.pl, not later than by 25 June 2018, by 9:00 Warsaw Mean Time
In case of transfer of the note on granting the right of proxy in the electronic manner, the shareholder or the person authorized to take part in the General Meeting, sends, at the afore-mentioned electronic address the following:
1) Scan of the certificate of share concerning the Company stocks or the notification on the right of participation in the General Meeting of the Company,
2) The text or scan of the right of proxy granted, containing the data of the person granting the right or the people acting on his/her behalf in accordance with the rules of proxy representation valid with the person granting the right,
3) Scan of the personal ID card or passport (including data allowing for the bearer identification) of the proxy acting as a natural person,
4) Scan of a copy from the register pertaining to the proxy being a legal person or an organizational unit without legal personality,
5) Electronic mail address for communication with the shareholder or his/her proxy
The aforementioned stipulations are applied accordingly, to the notification on withdrawal of the right of proxy in an electronic form.
The notifications transferred by the shareholders in the form other than through the aforementioned electronic mail or without meeting the requirements outlined above, will not cause legal effects with regard to the Company.
The shareholders will be allowed to participate in the General Meeting upon the identity card presentation, and the proxies upon the identity card presentation accompanied by the valid right of proxy granted in the written manner or through an electronic manner (the proxy should present the printout of the right of proxy).
The proxies of legal persons or the organisational units without legal personality are additionally obliged to present an up-to-date copies from respective registers, naming the people authorized to represent the entities.
5. The Company Articles do not stipulate possibility of participation at the General Meeting via the use of electronic communication means.
6. The Company Articles do not stipulate possibility of voicing opinion at the General Meeting via the use of electronic communication means.
7. The Company Articles do not stipulate possibility of right of vote execution via correspondence nor via the use of electronic communication means during the General Meeting.
8. The date for registration of General Meeting participation is 9 June 2018.
9. right of participation in KRAKCHEMIA S.A. General Meeting belongs to the people who:
As on 16 days before the General Meeting are the Company shareholders,
In the period after this announcement publication and 11 June 2018 submit to the entity carrying the security account, where the Company shares are inscribed, a demand of issuing a name-bearing certificate on the right of vote in the General Meeting.
KRAKCHEMIA S.A. determines a list of shareholders authorized to participate in the General Meeting on the basis of a list received from the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych).
On the days of 20, 21 and 22 June 2018, in the hours from 9 a.m to 3 p.m, at the seat of KRAKCHEMIA S.A (Kraków, ul. Powstania Listopadowego 14), a list of shareholders authorized to participate at the General Shareholders Meeting will be presented. A shareholder is entitled to demand the list to be transferred to his electronic email address upon request.
10. People authorized to participate in the General Meeting may obtain the complete documentation text which is to be presented at the General Meeting and the drafts of resolutions at KRAKCHEMIA S.A. seat (Kraków, ul. Powstania Listopadowego 14) or at the Company website : www.krakchemia.com.pl
11. KRAKCHEMIA S.A. will make available all necessary information concerning the General Meeting at the Company website at www.krakchemia.com.pl
IV.
KRAKCHEMIA S.A. Board publishes the texts of resolution drafts to be presented at the General Meeting:
Resolution No 1of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr./Ms _____________ as the Chairman of the Meeting.”
Resolution No 2 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting.
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves, acting on the basis of art. 420 § 3 of CCC, to annul the secret ballot with regard to the choice of the Returning Officers Panel composition.”
Resolution No 3 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition________________.”
Resolution No 4 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting adopts the agenda presented.”
Resolution No 5 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting. approves the financial report for the trading year 2017, which is composed of:
1. The financial situation report, compiled as on 31 December 2017, which on the asset as well as on own equity and liabilities side amounts to 129 232 039,12 PLN;
2. Profit or loss and other total income report for the period from 1 January 2017 to 31 December 2017, presenting net loss in the amount of 8 367 159,19 PLN;
3. The financial flow account for the period from 1 January 2017 to 31 December 2017, presenting an increase of cash and credit in the current account by 4 899 530,41 PLN;
4. Own equity changes for the financial year from 1 January 2017 to 31 December 2017 presenting an decrease in own equity by the amount 4 324 447,39 PLN;
5. Notes for the financial report.”
Resolution No 6of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Company Board report on the Company activity for the trading year 2017.”
Resolution No 7of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Andrzej Zdebski a vote of approval on the fulfilment of duties as the Chairperson of the Company Board in the trading year from 1 January 2017 to 31 December 2017.”
Resolution No 8of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Włodzimierz Oprzędek a vote of approval on the fulfilment of duties as the Deputy Chairperson of the Company Board in the trading year from 1 January 2017 to 31 December 2017.”
Resolution No 9of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting. resolves to grant Mr. Jerzy Mazgaj a vote of approval on the fulfilment of duties as the Chairperson of the Supervisory Board in the trading year from 1 January 2017 to 31 December 2017.”
Resolution No 10of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Barbara Mazgaj a vote of approval on the fulfilment of duties as the Deputy Chairperson of the Supervisory Board in the trading year from 1 January 2017 to 31 December 2017.”
Resolution No 11 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Bestrzyński a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017.”
Resolution No 12 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Mariusz Wojdon a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017.”
Resolution No 13 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Hajbos a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the trading year from 1 January 2017 to 28 April 2017.”
Resolution No 14of KRAKCHEMIA S.A Ordinary General Shareholders Meeting.
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Anna Dubiel a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017.”
Resolution No 15of KRAKCHEMIA S.A Ordinary General Shareholders Meeting.
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Katarzyna Siedlecka- Hajbos a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017.”
Resolution No 16of KRAKCHEMIA S.A Ordinary General Shareholders Meeting.
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr Michał Mierzejewski a vote of approval on the fulfilment of duties as The Secretary of the Supervisory Board in the trading year from 28 April 2017 to 31 December 2017.”
Resolution No 17of KRAKCHEMIA S.A Ordinary General Shareholders Meeting.
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves that the net loss in the trading year 2017 amounting for the period from 1 January 2017 to 31 December 2017 to 8 367 159,19 PLN will be covered from the Company reserve capital.”
Resolution No 18of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting withdraws Mr/Ms ________ from the Supervisory Board composition.”
Resolution No 19of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr/Ms ________ into the Supervisory Board composition.”
Resolution No 20of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
„KRAKCHEMIA S.A Ordinary General Shareholders Meeting determines a monthly remuneration for the Company Supervisory Board in the amount of ________.”
V.
Information on the total number of the Company shares and the total number of votes from shares as on the day of the General Meeting announcement
The Company equity capital amounts to 9.000.000,00 PLN and is divided into 9.000.000,00 shares of the face value amounting to 1.000 PLN each, while each share is represented by 1 vote at the Company General Meeting. The total number of votes from shares amounts to 9.000.000,00.
KRAKCHEMIA S.A. Board
Legal basis:
§ 38 para. 1 of the Minister of Finance Regulation of 19 February 2009 on the current and periodical information Publisher by the securities` issuers and the conditions of regarding as equivalent of information required by non-member states (Dz. U. z 2014 r. Nr 133 – Journal of Laws of 2014 No 133).
30.04.2018
CURRENT No 8/2018 of 24.05.2018
SIGNING AN ANNEX TO THE CONTRACT WITH POLSKA KASA OPIEKI S.A. BANK
KRAKCHEMIA S.A. Board with a seat in Kraków (henceforth: „the Company”), informs the on 24 May 2018 an annex to the contract on the multipurpose credit limit of 15 January 2014 was signed with Polska Kasa Opieki S.A. Bank with a seat in Warsaw (henceforth: „the Bank”).
The period of credit use in the amount of 5.000.000,00 PLN in accordance with the contract with the Bank was prolonged till 28 February 2019, along with the gradual decrease of the limit in a monthly tact by the amount of 500.000,00 PLN, starting from 2018, until the final credit amount of 500.000,00 PN.
The annex was concluded with the obligation of the Company`s establishing of a safeguard in the form of subjection to the execution by virtue of art. 777 § 1 of KPC.
The other terms of the contract have not undergone change.
The Company informed of the contract conclusion with the current report of No 2/2014 of 16.01.2014, and on the changes in the current report No. 1/2016 of 14.01.2016, in the current report No. 28/2016 of 29.09.2016, in the current report No. 15/2017 of 25.04.2017, in the current report No. 30/2017 of 30.06.2017, in the current report No. 35/2017 of 28.07.2017 and in the current report No. 56/2017 of 30.10.2017.
Legal basis:
Art. 17 para. 1 – MAR
30.04.2018
Current report No 7/2018 of 30.04.2018
CHANGE OF KRAKCHEMIA SA ADDRESS
Krakchemia SA with a seat in Kraków („The Company”) informs that on 30 April 2018, the Company headquarter addess undergoes a change.
The new Company address is as follows: ul. Powstania Listopadowego 14, 30-298 Kraków
Legal basis:
Art. 56 para. 1 item. 2) of the Act on public offre and the conditions of introducing the financial instruments into an organised trading system and on public companies
30.03.2018
Current report No 6/2018 of 30.03.2018
INFORMATION ON THE CORRECTION OF THE YEARLY REPORT
Krakchemia S.A. Board ("The Company") informs that due to a mistake a wrong file of the Report of the independent expert auditor from the review of the yearly financial statement for 2017 was published. In relation therewith, the Company publishes the correct file.
Legal basis:
Art.56 of the Act of 29.07.2005 on public offer and on conditions of introducing the financial instruments into the organized trading system and on public companies.
15.03.2018
CURRENT REPORT No 5/2018 OF 15 MARCH 2018.
CONCLUDING AN AGREEMENT ON A MULTIPURPOSE LINE ALONG WITH THE INSURANCE DOCUMENTS AS WELL AS CONCLUDING AN ANNEX TO THE AGREEMENT ON THE REVRSED FACTORING LINE
KRAKCHEMIA S.A. Board with a seat in Kraków („The Company”) informs that on 15 March 2018, an agreement on a multipurpose line No. nr S/50/01/2018/1115/LW („The Agreement”) was signed between the Company as the credit taker, and Bank Ochrony Środowiska Spółka Akcyjna with a seat in Warsaw („The Bank”) as the credit giver. The subject of the agreement is granting the Company a credit limit, within which the Bank obliged itself to grant, upon the Company motion, credit products up to the amount of 10.000.000,00 (verbatim: ten million) PLN, while the Company is authorised to make use of the above-mentioned limit in the following manner:
1. Within the amount not higher than 5.000.000,00 PLN– for the open-end credit in the current account;
2. Within the amount not higher than 5.000.000,00 PLN – for the trading credit in the credit account, open-end.
The Contract is concluded for the period until 15 March 2019.
The credit purported use is financing the current need related to the executed economic activity by the Company.
The credit collateral are the standard collateral instruments, among others, in blanco bill, along with the bill declaration, financial and registered pledge on the assets and rights pertaining the Company, the Company declaration on subjection to the collection of payment in the mode of Art. 777 § 1 item 5 of the Commercial Code proceedings.
The credit bears an interest at the level of a variable interest rate, calculated on the basis of a WIBOR rate for the three-month deposits in PLN (WIBOR 3M), increased by the bank`s margin.
Moreover, the Company Board informs that, on 15 March 2018, an annex to the reversed factoring line agreement No. S/22/06/2016/1115/K/FAK of 6 July 2016, was concluded between the Company and the Bank. By virtue of this annex, the period of validity of the above-mentioned agreement on the reversed factoring line was shortened till 15 March 2018. The Company informed on the conclusion of the above-mentioned agreement on the reversed factoring line in the current report No. 15/2016 of 6 July 2016 and the current report No. 1/2017 of 24 January 2017.
Legal basis:
Art. 17 para 1 MAR
1.03.2018
CURRENT REPORT No 4/2018 OF 1.03.2018
SIGNING AN ANNEX TO THE FACTORING LINE AGREEMENT WITH THE RIGHT TO RECOURSE IN DOMESTIC TRADING
Krakchemia SA with a seat in Kraków ("The Company") informs, that on 1 March 2018 the Company received an annex of 28 February 2018 to the agreement on the factoring tine with the right to recourse in domestic trading concluded on 28 February 2017 („The Company”) with Bank Ochrony Środowiska SA with a seat in Warsaw, of which the Company informed in its current report No. 11/2017 of 28.02.2017, prolonging the period of the limit availability till 27.02.2019.
The other conditions of the Agreement has not undergone any change.
Legal basis:
Art. 17 para.1 MAR
1.02.2018
CURRENT REPORT No 3/2018 OF 1.02.2018
INFORMATION ON THE RESULTS OF THE CONDUCTED TESTS FOR THE LOSS OF VALUE
Krakchemia SA Board (henceforth: „The Company”) informs that on 1 February 2018 it conducted the test for the loss of value of the taken-over company Maximex Sp. z o.o. The Company Maximex Sp. z o.o. was covered with the Company acquisition on the basis of the agreement on the sale of the stake of 7 August 2007, and subsequently, it was merged with the Company.
The necessity of controlling the company value over time results from the IAS 36. The Test for the loss of value was construed on the quantative turnover that is the basis for the Company activity i.e. the plastic raw materials. As a result of the quantative fall in the plastic raw materials turnover in 2017 below the threshold level outlined in the test for the loss of value, there arose the necessity of correcting the goodwill amounting to 9.074.thousand by 32,76% i.e. proportionally to the quantative turnover fall in relation to the threshold value.
As a result of the performed test, an updating entry was created amounting to -2.973 thousand PLN.
The impact of the updating entry value on the Company result for 2017 has not yet been established.
The value presented above has an approximate charakter and can undergo corrections. The final results of the tests will be presented in the unitary financial report for 2017.
Legal basis
Art. 17 para. 1 MAR – confidential information.
30.01.2018
CURRENT REPORT No 2/2018 of January 30, 2018
THE DATES OF PUBLISHING THE PERIODICAL REPORTS IN 2018
KRAKCHEMIA S.A. Board publishes the dates of publishing the periodical reports in 2018:
I. The dates of publishing the quarterly reports:
1. For the 1st quarter of 2018 - May 29, 2018 (Tuesday)
2. For the 3rd quarter of 2018 - November 29, 2018 (Thursday)
II. The date of publishing the half-year report for the first half of 2018 – September 28, 2018 (Friday)
III. The date of publishing the yearly report for the year 2017 – March 30, 2018 (Friday)
The Company shall not publish the periodical report for the 4th quarter of 2017 and the periodical report for the 2nd quarter of 2018 in accordance with the stipulations of § 101 ust. 2 of the Minister of Finance regulation of February 19, 2009 on the current and periodical reports published by the securities issuers and the circumstances of regarding as equivalent of the information required by the non-member state legal acts (Dz. U. z 2014 r. Nr 133 – the Journal of Law of 2014 No 133).
The Legal Basis:
§ 103 ust. 1 of the Minister of Finance regulation of February 19, 2009 on the current and periodical reports published by the securities issuers and the circumstances of regarding as equivalent of the information required by the non-member state legal acts (Dz. U. z 2014 r. Nr 133 – the Journal of Law of 2014 No 133).
23.01.2018
CURRENT REPORT NO 1/2018 OF 23.01.2018
CONSIDERABLE CHANGE IN THE REVENUES
Krakchemia SA Board with a seat in Kraków („The Company”) informs on the occurrence of a considerable change in the Company revenues in comparison to the yearly report for 2016. The fall of revenues in 2017 in comparison to the revenues in the amount of 447 045 thousand PLN in 2016 amounts to approximately 38 % and results mainly from the quantative fall in the sale of the Plastic Raw Materials because of the expiry of the contract with Basell Orlen Polyolefins Sprzedaż Sp. z o.o.
The fall of revenues will negatively affect the Company financial result for 2017. However, the level of the Company financial result has not been assessed yet.
Legal basis:
Art. 17 para. 1 MAR