The Management Board of X-Trade Brokers Dom Maklerski S.A. („Company”) hereby announces that on 28 April the Company received from Quercus Towarzystwo Funduszy Inwestycyjnych S.A. acting on behalf of managed investment funds: QUERCUS Parasolowy SFIO, QUUERCUS Absolute Return FIZ, QUERCUS Global Balanced Plus FIZ and QUERCUS Multistrategy FIT („Funds”) a notification prepared in pursuant to Article 69 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies (“Act”) of a change in the share in the total number of votes at the Company’s General Meeting as follows:
“Hereby Quercus Towarzystwo Funduszy Inwestycyjnych S.A. acting on behalf of managed investment funds – QUERCUS Parasolowy SFIO, QUUERCUS Absolute Return FIZ, QUERCUS Global Balanced Plus FIZ and QUERCUS Multistrategy FIT informs that the Funds jointly decreased the share in the total number of votes in X-Trade Brokers Dom Maklerski S.A. and dropped below the 5% threshold of the total number of votes in this Company. A change in the share held so far occurred as a result of the transaction executed on the regulated market on 27 April 2020.
There are no subsidiaries of the Funds holding the Company’s shares and there are no entities referred to in Article 87 paragraph 1 point 3 (c).
According to Article 69 paragraph 4 point 7 of the Act the number of votes, calculated in the manner specified in Article 69 (b) paragraph 2 of the Act to which the Funds would have been entitled or obliged to purchase, as the holders of the financial instruments referred to in Article 69 (b) paragraph 1 point 1 of the Act, and financial instruments referred to in Article 69 (b) paragraph 1 point 2 of the Act, which are not executed solely by the cash settlement, is 0.
According to Article 69 paragraph 4 point 8 of the Act the number of votes, calculated in the manner specified in Article 69(b) paragraph 3 of the Act to which the financial instruments referred to in Article 69(b) paragraph 1 point 2 of the Act relate in an indirect or direct way, is 0.”
Legal basis: Article 70 point 1 of the Act on Public Offering – acquisition or disposal of a significant block of shares.
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