ESPI 38/2018 Information on own shares purchased from 23.07.2018 to 27.07.2018 as well as the summary and the completion of tranche 3 of own shares buy-back

Detailed list of transactions 23072018_27072018 – DOWNLOAD

The Board of Directors of IMS Spółka Akcyjna with its registered office in Warsaw (“the Company”) informs that in the period from 23.07.2018 to 27.07.2018 the Company acquired, through IPOPEMA Securities S.A., 13,769 (thirteen thousand seven hundred and sixty-nine) own shares at the average unit price of PLN 3.37. The total acquisition price, including the cost of acquisition, amounted to PLN 46,584.23.

In line with information communicated by IPOPEMA Securities S.A.:

  • on 23.07.2018, 2,680 IMS S.A. shares were acquired constituting 0.0080% share in the share capital of the Company and 0.0080% votes in the General Shareholder Meeting. The average unit acquisition price was PLN 3.38;
  • on 24.07.2018, 2,680 IMS S.A. shares were acquired constituting 0.0080% share in the share capital of the Company and 0.0080% votes in the General Shareholder Meeting. The average unit acquisition price was PLN 3.38;
  • on 25.07.2018, 2,695 IMS S.A. shares were acquired constituting 0.0080% share in the share capital of the Company and 0.0080% votes in the General Shareholder Meeting. The average unit acquisition price was PLN 3.38;
  • on 26.07.2018, 2,709 IMS S.A. shares were acquired constituting 0.0081% share in the share capital of the Company and 0.0081% votes in the General Shareholder Meeting. The average unit acquisition price was PLN 3.35;
  • on 27.07.2018, 3,005 IMS S.A. shares were acquired constituting 0.0090% share in the share capital of the Company and 0.0090% votes in the General Shareholder Meeting. The average unit acquisition price was PLN 3.38.

The detailed list of transactions conducted in the period from 23.07.2018 to 27.07.2018 is included in the attachment to this report.

The nominal value of one share is PLN 0.02, and the total nominal value of shares acquired on the dates mentioned above was PLN 275.38. The acquired block of 13,769 shares constitutes 0.0411% of Company share capital and gives 13,769 votes constituting 0.0411 % votes in the General Shareholder Meeting of the Company.

At the same time, the Board of Directors of IMS S.A. in connection with the provisions of Resolution No.2 of the Board of Directors of IMS S.A. regarding the terms and conditions as well as the procedure to exercise Tranche 3 of the Company Own Shares Buy-back Programme communicated in current report No. 29/2018 of 29 June 2018 informs that on 27 July this year the purchase of own shares conducted as part of Tranche 3 of the Company Own Shares Buy-back Programme was completed (in line with the adopted schedule) and cleared pursuant to Resolution No.19 of the Annual General Meeting of Shareholders of IMS S.A. (“AGM”) of 25 May 2017 and Resolution No. 26 of the Annual General Meeting of the IMS S.A. (“AGM”) of 6 June 2018. Within this Tranche the Company acquired in total 74,898 shares of the total nominal value of PLN 1,497.96 constituting 0.22% of the share capital of the Issuer and giving right to 74,898 votes in the GM (0.22% of total votes). The average unit acquisition price was PLN 3.41 per share.

At present the Company holds in total 1,256,375 own shares, constituting 3.75% of Company share capital and giving 1,256,375 votes constituting 3.75% of votes in the General Shareholder Meeting of the Company.

The Issuer, pursuant to Article 364 paragraph 2 of the Commercial Companies Code, does not exercise its right to vote from shares held.

In line with Resolution No.26 of the AGM of 6 June 2018, the Company may still use for the purpose of own share acquisition the amount of PLN 4,793 thousand by 31 December 2019 at the latest.

Detailed legal basis: Article 2 paragraph 2 and 3 of the COMMISSION DELEGATED REGULATION (EU) 2016/1052

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