Brief: Asseco Poland EGM To Vote On Buyback Of Up To 19.99% Of Own Stake

Asseco Poland SA

17/05/2023 14:11

May 17 (Reuters) - Asseco Poland SA  ACPP.WA :
    * EGM TO VOTE ON JUNE 15 ON CREATION OF RESERVE CAPITAL IN
AMOUNT
OF 1.19 BILLION ZLOTYS
    * SAID RESERVE CAPITAL TO BE USED FOR DIVIDEND PAYMENT IN
FUTURE
YEARS OR FINANCING OF BUYBACK
    * ALSO TO VOTE ON AUTHORISATION TO CARRY OUT BUYBACK FOR UP
TO
19.99% OF VALUE OF CO'S STAKE
    * MANAGEMENT TO BE AUTHORISED TO BUY BACK OWN SHARES BETWEEN
JULY
1, 2023 AND JUNE 30, 2028
    * PRICE PER SHARE UNDER BUYBACK AT 30.0 ZLOTYS PER SHARE
    * PRICE PER SHARE UNDER BUYBACK TO OSCILLATE BETWEEN MIN. 30
ZLOTYS PER SHARE AND MAX. OF 130.0 ZLOTYS PER SHARE

Source text for Eikon:  ID:nFWN37E1RY 
Further company coverage:  ACPP.WA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))