Microsoft Word - RB 39_2015_ENG RB 39/2015 Acquisition of shares under a Buy-Back Program.- released

7 July 2015
Pursuant to provisions of § 5 subpara. 1 point 6 of the Regulation of the Minister of Finance of 19 February 2009 on current and interim reports published by issuers of securities and on the conditions under which such information is recognised as equivalent to information required under regulations of a non-member state, the Management Board of Bank Ochrony Środowiska S.A. with seat in Warsaw hereby informs that in fulfilment of Resolution No. 34/2015 of the Annual General Meeting of BOŚ S.A. (AGM) of 10 June 2015 the Bank acquired, on 6 July this year, 119 (one hundred ninety) shares of Bank Ochrony Środowiska S.A. during a trading session on the primary market at Giełda Papierów Wartościowych w Warszawie S.A. Warsaw stock exchange to be offered to persons in managerial positions that have significant impact on the risk profile of the Bank ("the Program", as disclosed in current report RB 26/2015 on 16 June this year).
The Bank's own shares so acquired may be offered to persons in managerial positions that have significant impact on the risk profile of the Bank within the meaning of Polish Financial Supervision Authority Resolution No. 258/2011 of
4 October 2011 on detailed principles of functioning of the risk management system and internal control system and detailed conditions of internal capital assessment by banks and of reviewing the process of internal capital assessment and maintenance and the principles of determining the policy on variable components of remuneration of persons holding managerial positions at a bank.
An average price per share was on 6 July PLN 26.95. Nominal price of one share is PLN 10.
The acquired shares represent 0.0005% of equity and 0.0005% of the total number of votes at the General Meeting of the Bank.
To date, the Bank has acquired 4 680 shares, representing 0.0205 % of equity and
0.0205 % of votes at the General Meeting of the Bank The Bank is now holding
37 775 of its own shares which represent 0.17% of equity and 0.17% of the total number of votes at the General Meeting of the Bank (with the Bank not authorised, under provisions of the Code of Commercial Companies, to exercise its right to vote on these shares).
In part fulfilment of provisions of art. 4 subpara. 4 of Commission Regulation (EC) No. 2273/2003 of 22 December 2003 implementing Directive 2003/6/EC of the European Parliament and of the Council as regards exemptions for buy-back programmes and stabilisation of financial instruments, the Management Board of Bank Ochrony Środowiska S.A. presents the following details of the share buy-back transactions on 6 of July 2015:
at 12:58:53 - 119 shares at the price of PLN 26,95.

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