ESPI 29/2019 Issuing of further shares as part of Incentive Scheme III for years 2018-2020 – a change in the share capital

ESPI 29/2019 Wydanie kolejnych akcji w ramach Programu Motywacyjnego III na lata 2018 – 2020 – zmiana wysokości kapitału zakładowego – pobierz

The Board of Directors of IMS S.A. inform that on 18 June 2019 persons authorised under the Regulations for Incentive Scheme III for years 2018-2020 (“Incentive Scheme”) adopted by the Supervisory Board of the Company on 18 August 2017 and approved by the Extraordinary Meeting of Shareholders of IMS S.A. on 26 September 2017 took up in total 456,000 series C shares. Today, the shares were issued to the authorised persons.

As part of the above mentioned Incentive Scheme for 2018 in total 500,500 subscription warrants giving right to take up the same number of ordinary bearer shares were granted. The right to take up shares could be exercised until 24 July 2019 at the latest.

In connection with current report No. 26/2019 of 05.06.2019 all shares within the above mentioned Incentive Scheme for 2018 were taken up by the authorised persons.

The issue price of series C shares, in line with the Regulations for the Incentive Scheme, was PLN 3.03 per share. Persons who have taken up shares as part of the Incentive Scheme are obliged not to transfer the acquired shares (lock-up) for the period of 12 months of taking up the shares.

As a result of issuing of series C shares the share capital of IMS S.A. increased. After the increase, the share capital of the Company amounts to PLN 647,466.62 and the total number of shares is 32,373,331. Series C shares taken up on 5th and 18th June 2019 constitute in total 1.57% of the share capital before the increase and 1.57% of the total votes. The total number of votes in the Shareholder Meeting of the Company, as a result of the increase of the share capital, amounts to 32,373,331 now.

The remaining portion of the conditional increase of the share capital after today’s issuing of documents of shares amounts to PLN 19,990.00.

After the completion of the execution of Incentive Scheme III for year 2018 the Company shall take steps to dematerialise the shares, register them and enter for trade on the regulated market.


Detailed basis: section 5 paragraph 8 and section 13 of the Regulation of the Minister of Finance on current and periodic information

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