4\/2024<\/strong><\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nThe management board of TIM S.A. based in Wroc\u0142aw (\u2018the Company\u2018, \u2018the Issuer\u2018 or \u2018TIM S.A.\u2018) informs that on 31 January 2024, the Issuer received from the Shareholder \u2013 FEGA Schmitt Elektrogro\u00dfhandel GmbH based in Ansbach, Germany (\u2018the Shareholder\u2018 or \u2018FEGA\u2018) and the following dominant entities of the Shareholder, i.e. W\u00fcrth Elektrogro\u00dfhandel GmbH _ Co. KG based in K\u00fcnzelsau, Germany and Mr Reinhold Adolf W\u00fcrth (together as \u2018the Dominant Entities\u2018) notices submitted under Article 69 and Article 69a of the Public Offer of Financial Instruments and of Publicly Held Companies Act dated 29 July 2005 (\u2018the Offer Act\u2018) about a direct acquisition by the Shareholder and an indirect acquisition by the Dominant Entities accounting to 21,373,973 of the Company\u2019s shares (\u2018Shares\u2018), which makes 96.28% of the Company\u2019s share capital. The Shares entitle to 21,373,973 votes at the TIM S.A. General Shareholders\u2019 Meeting, carrying 96.28% of all votes at the General Shareholders\u2019 Meeting.<\/p>\n
The acquisition happened as a result of FEGA announcing the call for subscription for TIM S.A. shares under Article 72a Section 1 of the Offer Act, which was settled via the KDPW [Central Securities Depository of Poland] depository and clearing system on 31 January 2024.<\/p>\n
Pursuant to the received notices:<\/p>\n
1_both the Shareholder and the Dominant Entities were not in possession of TIM S.A. shares before the aforementioned acquisition;
\n2_as of 31 January 2024, the Shareholder directly and the Dominant Entities indirectly hold 21,373,973 shares of the Company (\u2018Shares\u2018), which corresponds to 96.28% of the Company\u2019s share capital. The Shares entitle to 21,373,973 votes at the TIM S.A. General Shareholders\u2019 Meeting, carrying 96.28% of all votes at the General Shareholders\u2019 Meeting;
\n3_the following subsidiaries accordingly to the Shareholder and the Dominant Entities hold the Shares:<\/p>\n
a_ W\u00fcrth Elektrogro\u00dfhandel GmbH _ Co. KG, which is a subsidiary of Mr Reinhold Adolf W\u00fcrth, holds 100% of all votes at the FEGA General Shareholders\u2019 Meeting, which directly owns 21,373,973 (twenty-one million three hundred seventy-three thousand nine hundred and seventy-three) TIM S.A. ordinary bearer shares, which makes a 96.28% share of the TIM S.A. share capital and a 96.28% share of all votes at the Company\u2019s General Shareholders\u2019 Meeting,
\nb_ The Company holding 228,755 (two hundred twenty-eight thousand seven hundred and fifty-five) own shares, which makes 1.03% of the TIM S.A. share capital and carries 1.03% of all votes at the General Shareholders\u2019 Meeting, whereas the Company cannot exercise the voting right of these shares at the General Shareholders\u2019 Meeting, is a subsidiary of Mr Reinhold Adolf W\u00fcrth, W\u00fcrth Elektrogro\u00dfhandel GmbH _ Co. KG and of the Shareholder;<\/p>\n
4_there are no third parties according to Article 87 Section 1 Item 3 Letter c of the Offer Act, i.e. entitled under an agreement with the Shareholder, W\u00fcrth Elektrogro\u00dfhandel GmbH _ Co. KG or with Mr Reinhold Adolf W\u00fcrth to exercise the voting right on the TIM S.A. shares;
\n5_both the Shareholder and the Dominant Entities do not hold the voting right on shares which were acquired because the aforementioned entities were entitled or obliged to do so as owners of the financial instruments mentioned in Article 69b Section 1 Item 1 and the financial instruments mentioned in Article 69b Section 1 Item 2 which are not exclusively executed via cash settlements;
\n6_both the Shareholder and the Dominant Entities do not hold the voting right on shares to which the financial instruments, mentioned in Article 69b Section 1 Item 2, apply.<\/p>\n
SIGNATURES OF THE COMPANY REPRESENTATIVES<\/strong><\/p>\n\n\n\n2024-01-31, Krzysztof Folta –\u00a0President of the Management Board
\n2024-01-31, Piotr Tokarczuk – Member of the Management Board<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nATTACHMENT (Polish only)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[],"class_list":["post-102851","post","type-post","status-publish","format-standard","hentry","category-current-reports"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/102851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/comments?post=102851"}],"version-history":[{"count":1,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/102851\/revisions"}],"predecessor-version":[{"id":134659,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/102851\/revisions\/134659"}],"wp:attachment":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media?parent=102851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/categories?post=102851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/tags?post=102851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |