Quantum Software : 11/2016 – Purchase of own shares under the offer
August 30, 2016 at 04:28 pm EDT
Share
Legal basis: Art. 17 paragraph 1 MAR - confidential information
The Management Board of Quantum software S.A. ('Issuer') informs that he received from Brokerage House conducting the tender offer to subscribe for shares of Quantum software S.A. information about transaction implementing the records of people who responded on it. As a result of this transaction, a subsidiary Quantum Qguar sp. z o.o. has purchased 15 501 shares of the Issuer. That transaction was concluded under the public offer of 22nd of July 2016 (by a subsidiary company Quantum Qguar Ltd. seated in Cracow) to subscribe for the 235.000 shares ('the Offer'). The Offer was conducted according to art. 72 par. 1 item 1 of the act of 29 July 2005 on public offer and conditions for introducing financial instruments to the organized trading system, and on public companies (Dz. U. of 2009 No. 185, item 1439 as amended), and according to the Resolution no 19 of Company's General Meeting of 25th of June 2015, (which pursuant to 362 § 4 of Commercial Companies Code also included agreement on the acquisition of own shares by subsidiary) as the purchasing entity was named the Quantum Qguar Ltd. Company.
The total nominal value of the purchased shares is 7 750,50 PLN and represent 1,05% of the share capital, which corresponds to 0,69 % of the total number of votes present at the Company's General Meeting
The average purchase price amounted to 8,30 PLN. In total, the Issuer and the above mentioned subsidiary company has 180 817 own shares, which represent 12,21% of the share capital and corresponds to 8,10% of the total number of votes present at the Company's General Meeting. The purchase of own shares was effected in Resolution no 19 of Company's General Meeting of 25th of June 2015 authorizing the Management Board to acquire own shares for redemption (according to 362 § 1 item 5 of Commercial Companies Code) in conjunction with Resolution no 17 of Company's General Meeting of 29th of June 2016 heightening to 3 million PLN the amount of funds allocated for this purpose.
Quantum software SA published this content on 30 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 August 2016 20:28:03 UTC.
Original documenthttp://www.quantum-software.pl/investor_en/index.php/current-reports/460-rb-11-2016
Public permalinkhttp://www.publicnow.com/view/0C84EF1F5B45253738F31D43BBE2EAA896149077
Quantum Software SA is a Poland-based provider of the information technology (IT) solutions for logistics and supply chain management. The Companyâs range of activities includes the software development and custom-made software design, installation and implementation, including hardware elements. Its offering also includes trainings, as well as after-sale support and services. The Companyâs main product portfolio includes Qguar, a warehouse and distribution management software and SAP line of products, enterprise management applications, as well as various customized solutions. Its main customers are companies engaged in the operation of distribution centers, warehouses delivering logistic services and engaged in transport logistics. On July 15, 2014, the Company established new wholly owned subsidiary, Quantum Qguar Sp z o o. On July 2014, the Company informed that Quantum Assets sp. z o.o. has transferred its entire stake to its subsidiary, MINVESTA sp zoo.
QUANTUM SOFTWARE S.A. 
