Date: 8 May 2017
Body of the report:
The Management Board of Dino Polska S.A. (“Company”) hereby reports that on 8 May 2017 it learned that on this same day the Stabilization Period for the Company’s shares at the Warsaw Stock Exchange (“WSE”) has ended in connection with Powszechna Kasa Oszczędności Bank Polski S.A. Branch – PKO Bank Polski Brokerage House in Warsaw („Stabilization Manager”) and Polish Sigma Group S.à r.l. (“Selling Shareholder”) signing an annex (“Annex”) to the stabilization agreement entered into on 4 April 2017 (“Agreement”). The Annex provides for termination of stabilization activities and earlier settlement of the Agreement, i.e. before the end of the Stabilization Period specified in the Company’s prospectus approved by the Polish Financial Supervision Authority on 17 March 2017 (“Prospectus”). In accordance with the definition contained in the Prospectus, the Stabilization Period is the period in which the Stabilization Manager may enter into stabilizing transactions for a period of 30 calendar days starting from the date of listing the Company’s shares on the WSE.
After entering into the Annex, the Stabilization Manager will not be authorized to execute any stabilizing transactions.
At the same time, the Company’s Management Board reports that on 8 May 2017 it was advised by the Stabilization Manager that during the stabilization period the Stabilization Manager did not execute any stabilizing transactions regarding the Company’s shares.
Legal basis: Article 6 (3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures.