On 16 January 2014 the Extraordinary General Meeting of Cyfrowy Polsat adopted resolution concerning conditional increase in the share capital by the amount not exceeding PLN 11,648. The increase of the Company’s share capital shall be effected by way of the issue of up to 291,193,180 series I ordinary bearer shares. All series I shares will be earmarked for acquisition by shareholders of Metelem.
On 24 January 2014 the Extraordinary General Meeting of Cyfrowy Polsat adopted resolution concerning the issuance of 291,193,180 registered subscription warrants. The warrants entitle their holders to acquire ordinary bearer shares and will be offered to the vendors of shares in Metelem. The Extraordinary General Meeting of Cyfrowy Polsat decided that the existing shareholders are deprived of all the preemptive rights vis-à-vis all of the new issue ordinary bearer shares which may be issued by the Company under the conditional increase of the Company’s share capital adopted on 16 January 2014.
