Bsc Drukarnia Opakowan Spolka Akcyjna : Current Report no. 17/2017

Article 70 point 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.

The Board of BSC DRUKARNIA OPAKOWAŃ S.A. based in Poznań (hereinafter referred to as "the Issuer") hereby informs that on 8 June 2017 they received notification from the company JS Holding limited liability company based in Poznań (hereinafter referred to as "JS") pursuant to article 69 of of the Polish Act on Public Offering concerning the transformation of a joint-stock company JS Holding S.A., holding over 10 % total number of votes in the Issuer, into a limited liability company JS as of 1 June 2017.

According to the notification content:

1. by virtue of article 553 § 1 of the Code of Commercial Companies, JS - as a transformed company - after the above mentioned transformation remains the owner of the Issuer's shares acquired by JS operating in the former legal form as the joint stock company under the business name JS Holding S.A.;

2. as, by virtue of article 553 § 1 of the Code of Commercial Companies, in this case, the continuation of the same company in a changed legal form took place and not succession. Moreover, the threshold of the total number of votes was not reached, overrun or changed. Those occurrences are discussed in the regulations of article 69 of the Act on public offering, however, for the record, it is stated that:

3. as a result of the above mentioned transformation, the company JS holds 1,200,758 of the Issuer's shares constituting 12.24% of the Issuer's share capital, giving the rights to 1,200,758 votes constituting 12.24 % in the total number of votes in the Issuer (art. 69 item 1 point 1 of the Polish Act on Public Offering), as the same shareholder operating in the new legal form;

4. before the above mentioned transformation 1,200,758 of the Issuer's shares constituting 12.24% of the Issuer's share capital and giving the rights to 1,200,758 votes constituting 12.24 % in the total number of votes in the Issuer (art. 69 item 1 point 1 of the Polish Act on Public Offering) were attributable to JS operating then as a joint stock company, JS Holding S.A.; on account of the above described essence of the transformation, in this case there was no change in the shareholding defined by the regulation of article 69 item 4 point 2 of the Polish Act on Public Offering;

5. JS remains a party to the agreement dated 15 April 2008 as amended, currently continuing in full force and effect among JS, the company Green Place S.A. and

   the company COLORPACK GmbH (hereinafter referred to as "the Agreement"), which the Issuer informed about in their prospectus;

6. there are no subjects subsidiary to JS, as defined in article 4 point 15 of the Polish Act on Public Offering, holding the Issuer's shares;

7. there are no persons mentioned in art. 87 item 1 point 3 c of the Polish Act on Public Offering (that is third parties with whom JS would enter a contract whose subject would be delegation of power to exercise voting rights);

8. On account of the fact that JS did not enter any transactions of purchasing or selling financial instruments, mentioned in article 69b item 1 of the Polish Act on Public Offering, the requirement of providing information mentioned in article 69 item 4 point 7 and 8 of the Polish Act on Public Offering in this notification is irrelevant. The total number of votes in the Issuer which are attributable to JS remains just as given in a) above, that is 1,200,758 votes constituting 12.24 % in the total number of votes in the Issuer.

Full content of the above mentioned notification constitutes the attachment to this report.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:

Date	Name	Post	Signature
08.06.2017	Andrzej Baranowski	Financial Vice- President of the Board