The Management Board of Summa Linguae S.A. based in Krakow (“Company”) hereby announces that on 12 June 2019, it adopted a resolution on converting all 1,000,000 series A registered preference shares (“Shares”) into 1,000,000 bearer shares (“Resolution”). The Resolution was adopted in response to a request to convert the Shares, submitted by all those shareholders of the Company that hold the Shares and a resolution of the Company’s Supervisory Board on granting consent to the conversion of the Shares.
As a result of its adoption the Shares are no longer multiple voting ones and the Company’s share capital amounts now to PLN 447,929.40 (say: four hundred forty-seven thousand nine hundred twenty-nine zloty and forty groszy) and is divided into 4,479,294 (say: four million four hundred seventy-nine thousand two hundred ninety-four) shares with a par value of PLN 0.10 (say: ten groszy) each, of which:
(a) 1,000,000 (one million) series A bearer shares;
(b) 1,000,000 (one million) series B bearer shares;
(c) 153,020 (one hundred fifty-three thousand twenty) series C bearer shares;
(d) 131,610 (one hundred thirty-one thousand six hundred ten) series D bearer shares;
(e) 200,000 (two hundred thousand) series E bearer shares;
(f) 191,130 (one hundred ninety-one thousand one hundred thirty) series F bearer shares;
(g) 150,000 (one hundred fifty thousand) series G bearer shares;
(h) 150,000 (one hundred fifty thousand) series I bearer shares;
(i) 583,500 (five hundred eighty-three thousand five hundred) series J bearer shares;
(j) 920,034 (say: nine hundred twenty thousand thirty-four) series K bearer shares.
The current number of votes in the Company is 4,479,294 (say: four million four hundred seventy-nine thousand two hundred ninety-four).
The Company’s Management Board announces that the necessary amendments to the Articles of Association, accounting for the conversion of the Shares, have been included in the agenda of the next Annual General Meeting of the Company.
Legal grounds: Article 3(1)(5) of Appendix No. 3 to the Alternative Trading System Rules “Current and Periodic Information in the Alternative Trading System on the NewConnect Market”.
The Company’s representatives,
Krzysztof Zdanowski, President of the Management Board