The Management Board of CIECH SA declares that on October 17th received the following information:
"Pioneer Pekao Investment Management SA (PPIM), acting in accordance with Article 87 section 1.3.b) of the Act of July 29th, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies [Journal of Laws of 2005 No. 184, item 1539], announces an increase in the total commitment to 18.77% of the total number of votes at the General Shareholder's Meeting of the company: Ciech SA as regards financial instruments belonging to the portfolios managed as part of the commissioned brokerage financial instrument portfolio management service by PPIM.
Concerns all Clients of Pioneer Pekao Investment Management S.A.
| Type of event: |
ownership right acquisition through the purchase of shares |
| Date of event: |
15.10.2008 |
| Company: |
Ciech SA |
| Registered Office: |
ul. Puławska 182, 02- 670 Warszawa
faks (22) 639 14 51, 639 15 87 |
|
Ownership status before the change in share: |
| Number of shares: |
5 245 355 |
| Percentage share in the Company's share capital: |
18,73% |
| Volume of votes from the shares held: |
5 245 355 |
| Percentage share in the number of votes at GM: |
18,73% |
|
Ownership status after the change in share: |
| Number of shares: |
5 255 045 |
| Percentage share in the Company's share capital: |
18,77% |
| Volume of votes from the shares held: |
5 255 045 |
| Percentage share in the number of votes at GM: |
18,77% |
Note:
All the clients of Pioneer Pekao Investment Management S.A. are shareholders who jointly hold the indicated number of votes at the GM (within the area of portfolios managed by PPIM).
Further investment decisions will be taken based on a fundamental analysis of the company. Furthermore, orders of the fund participants and individual portfolio clients, namely inbound and outbound payments and conversions, may affect decisions concerning purchase or sale. Investment in the above mentioned company aims at increasing value of portfolios managed by Pioneer Pekao Investment Management SA."