Bank Millennium : Information on swap of the former BIG BANK SA shares into Bank Millennium S.A. shares.
January 28, 2016 at 10:19 pm IST
Share
In execution of the decision of the Polish Securities and Exchange Commission (at present the Polish Financial Supervision Authority), of 3.01.2001, amended with decisions dated 22.05.2001 and 13.01.2004, on granting approval to transfer outside the regulated market 87,594 common bearer shares of Bank Millennium S.A. ('Bank'), obliging the Bank to disclose by announcement in the form of current reports, two times a year i.e. by 31.01 and 31.07, the terms and conditions of the transaction to swap shares of the former BIG BANK S.A. (previously: Łódzki Bank Rozwoju S.A.) into shares of the Bank (previously: BIG Bank GDAŃSKI S.A.), in connection with the merger of both banks on 5.01.2001, in the half of the year preceding the announcement, The Management Board of the Bank informs that during the period from 1.07.2015 to 31.12.2015 no transfer of Bank's bearers shares took place outside the regulated market onto the shareholders of the former BIG BANK S.A., in exchange for shares of the former BIG BANK S.A.
In total, in the period from 3 January 2001 to 31 December 2015 the ownership of 58,234 common bearer shares of the Bank was transferred onto 140 shareholders of the former BIG BANK S.A., in exchange for 29,117 shares of the former BIG BANK S.A. worth PLN 366,874.20 counted at the purchase price by the Bank of PLN 6.30 per share.
LEGAL BASIS:
SEC decision no. DSP2-416-21/00 of 3.01.2001
Bank Millennium SA issued this content on 28 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 January 2016 16:48:12 UTC
Original Document: https://www.bankmillennium.pl/en/about-the-bank/investor-relations/current-reports/-/r/691878
Bank Millennium SA is a Poland-based commercial bank. Its product and service offer includes personal accounts, debit and credit cards, overdraft limits, cash and mortgage loans, saving accounts, term deposits, investment funds, brokerage services, structured products and insurance products. Its business is divided into three segments, including Retail Banking, providing services for individual customers and small enterprises; Corporate Banking, providing services for corporate customers; and Treasury and investment operations, offering financial instruments for both individual and corporate customers. As of December 31, 2012, the Bank rendered its services through a network of 447 outlets located in Polish cities, Internet banking (Millenet), telephone banking and a network of automated teller machines (ATMs). It operated six subsidiaries, including Millennium Leasing Sp. z o.o. and Millennium Dom Maklerski SA, among others. Banco Comercial Portugues SA held a 65.51% stake in the Bank