Employee Shares Option
A vital element of the Employee Guarantees Pact signed by PKP CARGO and trade unions representatives on 2 September 2013 is the offering of employee shares.
The shares are locked up for two years from the first quotation on the Warsaw Stock Exchange, that is up until 30 October 2015. The shares carry dividend rights, similarly to the shares purchased by investors directly in the IPO or subsequently on the Warsaw Stock Exchange.
| TYPE OF SHARES | ISSUANCE OF SERIES C SHARES |
|---|---|
| Date of allotment | 2014-03-07 |
| Number of allotted shares | 1,448,902 |
| Purchasing price (PLN) | 68.00 |
| Number of employees to whom shares have been allotted: | 24,530 |
| Shares offering value (PLN) | 98,525,336 |
| Lock-up | 2015-10-30 |