Conversion of 100,000 series A1 registered preference shares of CCC S.A. into ordinary bearer shares at the request of shareholders and taking steps by CCC S.A. to admit and introduce them to trading on the regulated market operated by the Warsaw Stock Exchange
(Current report No. 29/2025)
15.04.2025 /Issuer/
Legal basis:
Article 17 (1) MAR - inside information
The Management Board of CCC S.A. with its registered office in Polkowice ("CCC") hereby informs about the receipt on April 14, 2025 from two CCC shareholders of applications to conversion 50,000 series A1 registered preference shares (totaling 100,000 shares), marked with the code PLCCC0000032, into ordinary bearer shares, hereinafter referred to as the "Shares", and to undertake by CCC all actions necessary to admit and introduce the Shares to trading on the regulated market operated by the Warsaw Stock Exchange ("WSE"), and to assimilate the Shares with other ordinary bearer shares of CCC listed on the market indicated above.
In connection with the above, on April 15, 2025, the Management Board of CCC adopted a resolution on the convert of the Shares into ordinary bearer shares and taking steps to assimilate them with the remaining ordinary bearer shares of CCC and admit and introduce them to trading on the regulated market operated by the WSE (the "Resolution"). The Resolution was adopted pursuant to Article 334 § 2 of the Commercial Companies Code.
In accordance with § 6 sec. 3 of the CCC Statute, the Shares are registered shares with voting privileges, in such a way that each Share carries two votes. After the conversion, which will occur upon registration of the conversion in the securities depository of the Krajowy Depozyt Papierów Wartościowych S.A. ("KDPW"), the Shares will be ordinary bearer shares. In connection with this, the current total number of votes at the General Meeting of CCC will be reduced from 83,675,894 votes to 83,575,894 votes. As a result of the conversion of the Shares into ordinary bearer shares, the amount of the share capital of CCC and the total number of shares in the share capital of CCC have not changed.
The Management Board of CCC informs that it will immediately submit to the KDPW an application for registration of the exchange in the securities depository operated by the KDPW. CCC will inform about the conversion in a separate current report.