LC : Notification given pursuant to Art. 160 of the Act on Trading in Financial instruments
December 22, 2014 at 05:55 am EST
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Report date 2014-12-15
No. 102/2014
Notification given pursuant to Art. 160 of the Act on Trading in Financial instruments
Legal basis: Art. 160.4 of the Act on Trading - information about transactions effected by persons having access to confidential information
The Management Board of LC Corp S.A. (the Issuer) reports that the Company received a notification, pursuant to Art. 160 of the Act on Trading in Financial Instruments, from Mr Remigiusz Baliński, Member of LC Corp S.A. Supervisory Board, who reported that a legal person - closely related to him (pursuant to Art. 160 of the Act), i.e. Noble Securities S.A. of Kraków in which Mr Remigiusz Baliński is Vice-chairman of the Supervisory Board - made the following transactions concerning LC Corp S.A. between 9 and 11 December 2014:
the disposal of 4,500 shares of LC Corp S.A. on 9 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.69 per share
the acquisition of 3,515 shares of LC Corp S.A. on 9 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.67 per share
the disposal of 2,000 shares of LC Corp S.A. on 10 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.71 per share
the acquisition of 1,000 shares of LC Corp S.A. on 10 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.65 per share
the acquisition of 2,000 shares of LC Corp S.A. on 11 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.69 per share
the disposal of 2,000 shares of LC Corp S.A. on 11 December 2014 as a result of a transaction made in the ordinary session mode at the Warsaw Stock Exchange, at an average price of PLN 1.72 per share.
The transactions were effected as part of the Issuer's Market Maker activities performed by Noble Securities S.A. for LC Corp S.A.
Develia SA, formerly known as LC Corp SA, is a Poland-based holding company engaged in the real estate development operations. It is involved in the acquisition, management, rental and sale of commercial and residential properties located in such Polish cities as Warsaw, Wroclaw, Krakow, Lodz, Gdansk and their surroundings. Its main development projects in the commercial properties area include Arkady Wroclawskie shopping and retail complex in Wroclaw, as well as an office complex, Wola Center in Warsaw. In the area of residential investment it develops apartments houses Przy Promenadzie, Rezydencja Kaliska and Powstancow 33 in Warsaw; Maestro and Vratislavia Residence in Wroclaw; Debowa Ostoja in Lodz; as well as Niepolomicka and Srebrena in Gdansk. The Company owns 99.95% stake in LC Corp Invest XV Sp z o o Investments SKA. and 100% stake in Sky Tower SA, in the the Netherlands.