The Board of Directors of IMS S.A. (“Company”, “Issuer”) with reference to current reports No.50/2018 of 19.09.2018 and No.51/2018 of 20.09.2018, in connection with the Shareholders’ transfer of all disposed shares to the Issuer’s account informs that on 26th September this year the buy-back of own shares within the 4th Tranche of the Own Shares Buy-back Programme executed under Resolution No.19 of 25 May 2017 in connection with Resolution of the Annual General Meeting No.26 of 6 June 2018 was completed and cleared.
Within this Tranche the Company acquired 300,000 shares of the total nominal value of PLN 6,000, representing 0.90% of the Issuer’s share capital and giving right to 300,000 votes in the GM (0.90% of total votes). The shares were acquired by the Company at the price of PLN 3.20 per share.
As at 26 September 2018 the Issuer holds in total 1,556,375 own shares of the nominal value of PLN 31,127.50, which represent 4.65% of the Issuer’s share capital and give right to 1,556,375 votes in the GM (4.65% 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. The Board of Directors of the Company decided to intend the acquired own shares for redemption.
Detailed legal basis: Article 2 paragraph 2 and 3 of the COMMISSION DELEGATED REGULATION (EU) 2016/1052