Company PROCHEM S.A. received information as follows:
As a result of the conclusion, on April 13, 2017, of contract of the purchase of 19 721 shares of PROCHEM S.A. (Hereinafter referred to as the "Company") by Value Fund Poland Activist Fundusz Inwestycyjny Zamknięty (hereinafter referred to as the "Fund") the threshold of the state of ownership of shares of the Company by the Fund over 5% of total votes in the Company has been exceeded. Before the change, the Fund held 183 734 shares in the Company , representing 4.72% of the share capital and 183 734 votes from these shares, which represented 4.72% of the total number of votes at the General Meeting.

After the transaction of purchase the Fund held 203 455 shares of the Company, which constituted 5.22% of the share capital of the Company. These shares gave 203 455 votes at the General Meeting of the Company, which constituted 5.22% of the total number of votes at the General Meeting.

The Fund informed that do not exist:

  • subsidiaries of the Fund, holding the Company's shares;
  • other than the Fund, investment funds managed by Copernicus Capital Towarzystwo Funduszy Inwestycyjnych S.A. based in Warsaw, which would hold the Company shares;
  • persons referred to in art. 87 section 1 item 3 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies;

The Fund also announced that the Fund is not entitled to voting rights attached to the shares of the Company in relation to the situations set out in Article. 69 section 4 items 7-8 of the above Act.

PROCHEM SA published this content on 20 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2017 15:44:20 UTC.

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