In connection with current report No. 4/2020 of 3 February this year and with regard to Resolution No. 10 of the EGSM of IMS S.A. of 21 January 2020, the Board of Directors of IMS S.A. (“Company”, “Issuer”) informs that on 03.02.2020 the Supervisory Board of the Company issued a positive opinion on the proposal of the Board of Directors regarding price (consideration) and the number of acquired shares under the 1st Tranche of the Buy-back Programme. Due to the afore, today the Board of Directors of the Company set the price (consideration) under the 1st Tranche of the Buy-back Programme at PLN 4.00 (say: four zloty) per share and the number of acquired shares at not more than 325,000 (say: three hundred and twenty-five thousand).
In line with the objective of the own shares acquisition adopted by the General Shareholder Meeting, all acquired shares will be redeemed.
The entity acting as an intermediary in conducting the 1st Tranche of own shares buy-back is Dom Maklerski Banku Ochrony Środowiska S.A., ul. Marszałkowska 78/80, 00-517 Warsaw.