The Board of Directors of WESTA ISIC S.A. (the "Company") informs that the Company received a notification from ING Otwarty Fundusz Emerytalny (the “Fund”) that the Fund has disposed the shares of the Company in stock-market transactions in Warsaw Stock Exchange, paid in October 4, 2012 and the Fund became an owner of the Company shares that gives the Fund less than 10% of total number of votes on the AGM.

 

Before the disposal of shares the Fund held 4 953 081 (four million nine hundred fifty three thousand and eighty one) shares of the Company which was 11.22% of Company’s initial capital and was right to 4 953 081 (four million nine hundred fifty three thousand and eighty one) votes on the AGM which was 11.22% of total number of votes on the AGM.

 

On October 9, 2012, the Fund is the owner of 4 354 909 (four million three hundred fifty four thousand nine hundred and nine) shares which is 9.87% of the Company initial capital and is right to 4 354 909 (four million three hundred fifty four thousand nine hundred and nine) votes on the AGM which is 9.87% of total number of votes on the AGM.

 

Pursuant to the Luxembourg law of 11 January 2008 on transparency requirements the Company has received the notification of disposal of major interest containing the following information:

1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Westa ISIC S.A.

2.         Reason for the notification (please tick the appropriate box or boxes):

[X]    an acquisition or disposal of voting rights

[ ]      an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[ ]      an event changing the breakdown of voting rights

3.         Full name of person(s) subject to the notification obligation: ING Otwarty Fundusz Emerytnaly represented by ING POWSZECHNE TOWARZYSTWO EMERYTALNE S.A. (Fund)

4.         Date of the transaction and date on which the threshold is crossed or reached: 08 October 2012

5.         Threshold(s) that is/are crossed or reached: 10%

6.         Notified details:

 

Legal grounds:

Article 70.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies dated 29 July 2005;

Articles 8, 9 and 11 of the Luxembourg law of 11 January 2008 on transparency requirements for issuers of securities.

Signatures of individuals authorized to represent the Company: