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MESSAGE (ENGLISH VERSION) | |
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Re: sale of shareholding in Brytyjsko-Polskie Towarzystwo Finansowe WBK
CU sp. z o.o.
seated in Poznań
Current report no. 32/2008
On 12.06.2008, an agreement was made between Bank Zachodni WBK S.A. and
Commercial Union Polska sp. z o.o. with its registered seat in Warsaw
regarding the sale of shareholding in Brytyjsko-Polskie Towarzystwo
Finansowe WBK CU sp. z o.o. seated in Poznań. Under the agreement, Bank
Zachodni WBK SA sold 420 shares of Brytyjsko-Polskie Towarzystwo
Finansowe WBK-CU Sp. z o.o. of total nominal value at PLN 210 000, which
represented 60% of the share capital and 420 votes at the General
Meeting of Shareholders of Brytyjsko-Polskie Towarzystwo Finansowe
WBK-CU Sp. z o.o. The shares were sold for PLN 1 200 000.
As a result, Bank Zachodni WBK S.A. disposed of all its shares in
Brytyjsko-Polskie Towarzystwo Finansowe WBK CU sp. z o.o.. As at the day
of the transaction, the carrying value of shares as recognized in the
Bank’s books was PLN 217 700. The shares were treated as a long term
equity investment.
Legal basis:
Para. 5 section 1 point 1 of the Ordinance of the Minister for Finance
as of 19.10.2005 on ongoing and periodic disclosures made by issuers of
securities (Journal of Laws, 2005, No. 209, item 1744).
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