History of shares transactions

1. First quotation

On 27.01.1998 The Management Board of the Company submitted the application to the Board of Warsaw Stock Exchange for permit to trade with the shares of B series (622 260 pieces) and of C series (670 175 pieces) in the primary market. The meeting of the Board recognizing the application for trading the shares was held on 25.02.1998 and the date of first quotation at WSE was appointed on 11.03.1998. On the debut’s day the Wawel SA share price was 42 PLN.

2. Shares distribution - public offer

As of 31.12.1998 the Company possessed 1 499 855 shares of the nominal value 5 PLN each:

  • Registered shares of A series in the amount 203 620 of the nominal value 1 018 100 PLN with a privilege in a form of right to 5 votes,
  • Registered shares of A series in the amount 3 800 of the nominal value 19 000 PLN without a privilege,
  • Bearer’s shares of B series in the amount 622 260 of the nominal value 3 111 300 PLN,
  • Bearer’s shares of B series in the amount 670 175 of the nominal value 3 350 875 PLN,

As a result of the changes in the rights from the shares resulting from the motions of the shareholders for the conversion of the preference shares into the registered shares pursuant to the § 7.1 Articles of Association and as a result of the decision of the Extraordinary General Meeting of Shareholders of 20.10.2004 (resolution No. 4/10/2004) concerning dismantling of the preferences of the registeres shares as well as a result of redemption of 100 own bearer’s shares of A series(made upon the resolution of the Management Board of Issuer of 16.11.2004) the current structure of shares is as follows:

The Company possesses 1 499 755 shares of the nominal value 5 PLN each:

  • Bearer’s shares of A series in the amount 5 369 of the nominal value 26 845 PLN,
  • Bearer’s shares of A series in the amount 201 951 of the nominal value 1 009 755 PLN,
  • Bearer’s shares of B series in the amount 622 260 of the nominal value 3 111 300 PLN,
  • Bearer’s shares of C series in the amount 670 175 of the nominal value 3 350 875 PLN,

3. Dividend

3.1. On 25th June 2008 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 5 on distribution of dividend to the amount 10 498 285,00 PLN that constitutes 7 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 15.07. 2008.
The date of dividend payout is 01.08.200.

3.2. On 16th June 2009 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 5 on distribution of dividend to the amount 14 997 550,00 PLN that constitutes 10 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 27.07. 2009
The date of dividend payout is 12.08.2009.

3.3. On 16th June 2010 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 5 on distribution of dividend to the amount 14 997 550,00 PLN that constitutes 10 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 01.07. 2010
The date of dividend payout is 15.07.2010.

3.4. On 15th June 2011 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 5 on distribution of dividend to the amount 14 997 550,00 PLN that constitutes 10 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 07.07. 2011
The date of dividend payout is 22.07.2011.

3.5. On 24th April 2012 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 6 on distribution of dividend to the amount 16,497,305.00 PLN that constitutes 11 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is May 24, 2012
The date of dividend payout is June 12, 2012.

3.6. On 29th April 2013 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 5 on distribution of dividend to the amount 20,996,570.00 PLN that constitutes 14 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 24th May2013
The date of dividend payout is 12th June2013.

3.7. On 30th April 2014 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 6 on distribution of dividend to the amount 29,995,100.00 PLN that constitutes 20 PLN per share.
The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 19th May2014
The date of dividend payout is 3rd June2014.

 

3.8. On 30th April 2015 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 6 on distribution of dividend to the amount 29,995,100.00 PLN that constitutes 20 PLN per share.

The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 18th May2015
The date of dividend payout is 2nd June2015.

3.9. On 18th My 2016 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 6 on distribution of dividend to the amount 29,995,100.00 PLN that constitutes 20 PLN per share.

 

The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 31st May2016
The date of dividend payout is 15th June2016.

3.10. On 11th My 2017 the Ordinary General Meeting of Shareholders of Wawel S.A. has adopted the resolution No. 6 on distribution of dividend to the amount 29,995,100.00 PLN that constitutes 20 PLN per share.

 

 

The General Meeting of Shareholders stated that:
The date of setting the right to dividend is 25th May2017
The date of dividend payout is 9th June2017.

4. Calls

4.1. Call of 17.05.2000

On 16.06.2000 the transaction was concluded which result was transfer of shares ZPC “Wawel” S.A. covered by the records as a reply for the call announced on 17th May 2000 made by Mr. Eugeniusz Małek.
As a result of transaction, a caller Mr. Egeniusz Małek became a owner of 88 242 pieces of registered preferenced shares of Zakłady Przemysłu Cukierniczego "Wawel" S.A., 19,1% of the total number of votes.

4.2. Call of 12.11.2003

On 29.12.2003 The Issuer received the confirmation of conclusion and settlement of own shares purchase transaction acquired as a result of call of 12.11.2003 (announced pursuant to the art. 151 sec. 1 of the Act on public trading on securities of 21st August 1997).

The subject of call was in total 60 000 own shares of Issuer, registered (preference and non-preference) of A series with the nominal value 5 PLN each (hereinafter referred as to the Shares). The purchase price was 45 PLN per one share. The caller was the company Zakłady Przemysłu Cukierniczego “Wawel” Spółka Akcyjna seatem in Cracow, ul. Masarska 6-8, 31-534 Cracow.

As a result of call settlement the Issuer purchase in total 24 250 own registered shares of A series including:
a)24 070 (twenty four thousand seventy) preference shares
b)180 (one hundred eighty) non-preference shares.
The shares were purchased upon the art. 362 § 1 par. 2 of the Commercial Companies Code and under the resolutions No. 4/11/2003 (on purchase of own shares in order to offer them to the employees and other persons employed in the Company) and 5/11/2003 (on redemption of the reserve capital for that purpose) of the Extraordinary General Meeting of Shareholders of Wawel S.A. of 5th November 2003.
The Shares was purchased at the average unit price 45 (forty five) zlotys per each Share. The Shares was purchase by the Issuer on order to offer them to the employees and other person employed in the Company. The total nominal value of purchased Shares is 121 250 PLN and constitutes 1,62% of the share capital.
Pursuant to the par. 6 sec. 3 of the Articles of Association (“Shares of I emission of A series which are preference loss their preference in case of purchase in favor of the persons who are not the shareholders-founders”) the purchase by the Issuer 24 070 of preference Shares caused the loss of their preference. Before the loss of preference each of said Shares entitled to execute 5 votes, so after the loss of preference each Share entitles to execute 1 vote.

4.3. Call of 05.02.2004

On 05.02.2004 the company Hosta International Ag (Caller) announced that it intends to purchase as a result of call 760 952 bearer’s shares, registered non-preference shares of A series and registered preference shares of A series with the nominal value 5 PLN each, which in total entitled to 1 069 132 votes at the general meeting of shareholders that constituted 48,47% of total number of votes at the general meeting.
The price for the purchase of shares covered by the call was:

  • The purchase price for the bearer’s shares was 43,83 PLN per one share.
  • The purchase price for the registered non-preference shares of A series and registered preference shares of A series was 45 PLN per one registered share.

Accepting the subscription for shares was from 19th February to 19th March 2004.
During the call any shareholder of Wawel S.A. did not make any subscription for shares covered by the call and due to this within this call – the Caller did not purchase any share of Wawel S.A.