Current report No. 1/2023
Pursuant to Section 29.3a of the Rules of Giełda Papierów Wartościowych w Warszawie S.A. [Warsaw Stock Exchange], Grupa Kęty Spółka Akcyjna discloses information regarding an incidental breach of ‘The Best Practice 2021’.
The Management Board of Grupa Kęty S.A. hereby informs that on 20 June 2023, i.e. one day before the date of the Annual General Meeting, a shareholder of the Issuer, availing of the right vested in Article 401.4 of the Code of Commercial Companies, reported a draft resolution regarding an item of the agenda of the AGM, which resulted in an incidental breach of Principle 4.8 of ‘The Best Practice 2021’ recommending publication of draft resolutions at 3 days before the planned date of the AGM.
GENERAL MEETING, SHAREHOLDER RELATIONS
4.8. Draft resolutions of the General Meeting on matters put on the agenda of the General Meeting should be presented by shareholders not later than 3 days before the General Meeting.
The principle has been incidentally breached.
Comments of the Company to the incidental breach of the above principle:
In the announcement on the convening of the Annual General Meeting on 21 June 2023, Grupa Kęty S.A. recommended the shareholders to report draft resolutions at three days before the date of the AGM at the latest, however, on 20 June 2023, i.e. one day before the date of the AGM, a shareholder of the Issuer, availing of the right vested in Article 401.4 of the Code of Commercial Companies, reported a draft resolution regarding an item of the agenda of the AGM. Therefore, an incidental breach of Principle 4.8 of ‘The Best Practice 2021’ occurred.
In the last two years there were no cases of incidental breaching of the principle:
From the moment the ‘The Best Practice 2021’ entered into force, i.e. 1 July 2021, to date there were no cases of incidental breaches of Principle 4.8.
