Redemption of Company's shares and decrease of Company's share capital
23-12-2009
Regulatory filing
On December 23, 2009 the Management Board of Agora SA with its registered seat in Warsaw ("the Company" or "Agora SA"), received information that on December 22, 2009 the District Court for the capital city of Warsaw, XIII KRS Commercial Division, registered the decrease of the Company's share capital. The Company's share capital was decreased from PLN 54 977 535 to PLN 50 937 386 by PLN 4 040 149.
The structure of the Company's share capital after the registration of its decrease is the following:
4 281 600 preferred shares, series A,
46 655 786 ordinary shares, series B i D.
With the registration of the Company' share capital decrease a change in the Company's Statutes took place. All ordinary shares presented previously as, series: B, C, D, E and F are currently identified as ordinary shares, series: B i D in accordance with the resolution no. 33 and resolution no. 35 of the Annual General Meeting of Shareholders held on June 23, 2009. The amendment described above is described in the current report no. 60/2009 dated December 23, 2009.
After the decrease of the Company's share capital the total number of votes at the Annual General Meeting of Shareholders, from all shares issued by the Company, amounts to 68 063 786.
The decrease of the Company's share capital results from the redemption of 4 040 149 of the Company's shares with nominal value of PLN 1 per share, entitling to 4 040 149 votes at the Annual General Meeting of Shareholders, purchased by the Company during the two share buy - back programs ("the Programs") executed from July 14th, 2008 till October 30th, 2008 and from February 16th, 2009 till April 7th, 2009 on the basis of resolutions no. 18 and no. 19 of Annual General Meeting of Shareholders held on June 20, 2008 and resolutions no. 5 and no. 6 of Extraordinary General Meeting of Shareholders held on February 12, 2009.
The redemption of the Company's shares was approved by the Company's shareholders, on the basis of resolution no. 31 of Annual General Meeting of Shareholders held on June 23, 2009.
The Company purchased its own shares for the total amount of PLN 89,872,009.95
Legal basis: §5 sec. 1 point 9 and 12 in accordance with §15 and §18 of Decree of the Minister of Finance dated February 19, 2009 on current and regulatory information disclosed by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.
