RESOLUTION OF THE BOARD OF DIRECTORS TRANCHE 7 OF SHARES BUY-BACK – download
The Board of Directors of IMS S.A. (“Company”, “Issuer”) informs that today it adopted Resolution No.1 regarding the terms and conditions as well as the procedure to exercise Tranche 7 of the Company Own Shares Buy-back Program. This resolution constitutes an attachment to this report.
As part of Tranche 7 shares will be acquired through an entity rendering investment services (a brokerage house). In Tranche 7 the Issuer intends to acquire not more than 60,000 shares and allots the sum of PLN 150,000.00 for this acquisition. Tranche 7 shall run from 6 June 2019 to 24 July 2019 (including this date) unless the funds allotted for the acquisition in Tranche 7 are completely exhausted earlier.
Tranche 7 of the Company’s Own Shares Buy-back Program is conducted based on Resolution No.19 of 25 May 2017 in connection with Resolution No.26 of 6 June 2018 of the Annual General Meeting of IMS S.A. and Resolution No.1 of 29 June 2018 of the Board of Directors of IMS S.A.