Further to the current report No. 69/2016 of 21 December 2016 pertaining to information on the
intention to acquire shares in Hutmen S.A. under the squeeze-out, the Management of Boryszew S.A.
hereby gives notice that Boryszew Spółka Akcyjna and subsidiaries comprised by the BORYSZEW
Capital Group, i.e. a company styled SPV Boryszew 3 Sp. z o.o. based in Warszawa, a company
styled Impexmetal S.A. based Warszawa, a company styled Impex - Invest Sp. z o.o. based in
Warszawa, and a company styled SPV Impexmetal Sp. z o.o. based in Warszawa, acting jointly, on 12
January 2017 announced a squeeze-out of shares in Hutmen S.A. held by all other shareholders of
the said company.
Boryszew S.A. including subsidiaries hold in total 23,046,290 shares in Hutmen S.A., representing
approximately 90.04 % of share capital and total number of votes at the general meeting.
The subject of Squeeze-out are all remaining shares in Hutmen S.A., i.e. 2,549,980, constituting
approximately 9.96% of share capital of Hutmen S.A. and total number of votes at the general
meeting. The acquiring entity shall be Boryszew S.A.
The Squeeze-out date was set for 17 January 2017, whereas the squeeze-out price amounts to PLN
5.31 per one share in Hutmen S.A. As of the squeeze-out date, the proprietors of shares covered by
the squeeze-out shall be deprived of their rights under the shares, which shall take place by way of
recording the shares on the securities account of Boryszew S.A.
Detailed terms and conditions of the Squeeze-out were laid out in the publicly disclosed 'Information
on intention to acquire shares in Hutmen Spółka Akcyjna under the squeeze-out' prepared in line with
the requirements defined in the Ordinance of the Minister of Finance of 14 November 2005 on the
acquisition of shares in a public company by way of a squeeze-out (Dz. U. No. 229, item 1948).
Signatures:
Jarosław Michniuk - President of the Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official
Polish version.
Boryszew SA published this content on 12 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 15:10:01 UTC.
Original documenthttp://www.boryszew.com.pl/report-details?irr_id=2693
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