Budimex.pl

Current report no 34 / 2020

Date: June 16, 2020 5:54 PM

Disposal of 5 % shares of Budimex S.A. by a majority shareholder – notification pursuant to Article 69 in Public Offering Act

The Management Board of Budimex SA acting on the basis of Article 70, Section 1 of the Polish Act of 29 July 2005 on Public Offering and the Condition for Introducing Financial Instruments into an Organized Trading System and on Public Companies, publishes the notification received from Ferrovial Agroman International Ltd – shareholder of Budimex S.A.. Below the content of the notification:

 

Ferrovial Agroman International SE („Ferrovial”), in accordance with Article 69, Section 2, item 2 of the Polish Act of 29 July 2005 on Public Offering and the Condition for Introducing Financial Instruments into an Organized Trading System and on Public Companies (Journal of Laws from 2019, item 623, as amended) (the “Offering Act”), hereby informs you that in connection with the accelerated book building (the ABB Process”) regarding 1,276,505 shares (“Shares”) held by Ferrovial in Budimex S.A. with is registered seat in Warsaw (“The Company”) (representing 5% of the Company’s share capital), the settlement of block trade transactions relating to which took place on June 15th, 2020, Ferrovial’s share in the total number of votes at the Company’s general meeting decreased by 5 p.p., i.e., from 55.14%  to 50.14 %.

 

Prior to the completion and settlement of the ABB Process, the Ferrovial held 14,078,159 shares in the Company (representing 55.14% of the Company’s share capital) and 14,078,159 votes at the Company’s general meeting of shareholders (representing 55.14% of the total number of votes at the Company’s general meeting of shareholders).

 

As a result of the ABB Process and the settlement of the block trade transactions relating of the Shares on June 15th, 2020 both the number of the Company’s shares held by Ferrovial and the number of votes exercised by Ferrovial at the Company’s general meeting of shareholders decreased to 12,801,654 (representing 50.14% respectively of the Company’s share capital and the total number of votes at the Company’s general meeting of shareholders).

 

Ferrovial does not possess any subsidiaries which hold shares of the Company, nor is it a party to any arrangement on transfer of the right to exercise voting rights, referred to in Article 87, Section 1, item 3, letter c of the Offering Act.

 

In the attachment there is a notification file.

Shareholders
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Shareholdership structure as on 17.05.2019

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