The Board of Directors of IMS S.A. (“Company”, “Issuer”) with reference to current reports No. 26/2018 of 19.06.2018 and 27/2018 of 20.06.2018, in connection with the transfer of all disposed shares to the Issuer’s account informs that on 25th June this year the buy-back of own shares within the 2nd Tranche of the Own Shares Buy-back Programme executed under Resolution No.19 of the Annual General Meeting of IMS S.A. of 25 May 2017 was completed and cleared.
Within this Tranche the Company acquired 640,000 shares of the total nominal value of PLN 12,800, constituting 1.91% of the share capital of the Issuer and giving right to 640,000 votes in the GM (1.91% of total votes).
The shares were acquired by the Company at the price of PLN 3.70 per share.
Within the 2nd Tranche the Issuer acquired all own shares which were offered for acquisition.As at 25 June 2018 the Issuer holds 1,201,477 own shares of the nominal value of PLN 24,030, which constitute 3.59% of the share capital of the Issuer and give right to 1,201,477 votes in the GM (3.59% of total votes).
The Issuer, pursuant to Article 364 paragraph 2 of the Commercial Companies Code, does not exercise its right to vote from own shares held.
Detailed legal basis: Article 2 paragraph 2 and 3 of the COMMISSION DELEGATED REGULATION (EU) 2016/1052