Transactions on shares of the company PKP CARGO S.A.
General legal basis (selected in ESPI): Art. 160 sec. 4 of Act on Trading in Financial Instruments – information about transactions by persons having access to confidential information
The Management Board of PKP CARGO S.A. (“Company”) hereby announces that on 5 November 2013 the Management Board received a notification under Article 160 of the Act of 29 July 2005 on Trading in Financial Instruments with regard to transactions involving shares of the Company executed by a person closely related to a member of the Supervisory Board of the Company.
The notification provides that a person closely related to a member of the Supervisory Board of the Company:
- on 25 October 2013 purchased 245 shares of the Company at PLN 68.00 per share, and
- on 30 October 2013 sold 245 shares of the Company at PLN 80.62 per share.
The notification stated that the purchase transaction took place following the public offering carried out on the basis of the prospectus of the Company approved by the Polish Financial Supervision Authority on 4 October 2013, while the sales transaction took place as part of an ordinary session transaction executed in the regulated market of the Warsaw Stock Exchange.
At the same time, the Company advises that in accordance with § 3 sec. 2 of the Regulation of the Minister of Finance of 15 November 2005 on submission and supply of information on certain transactions in financial instruments and the rules for preparation and keeping the list of persons with access to confidential information (“Regulation”), the person obliged to supply information did not express their consent to supply the data referred to in § 2 sec. 1 item 1 of the Regulation.
Legal basis: Art. 160 sec. 4 of Act on Trading in Financial Instruments – information about transactions by persons having access to confidential information in connection with §3 Regulation of the Minister of Finance, dated 15 November 2005 on the disclosure of information on certain transactions in financial instruments and principles of making a list of people who have access to confidential information.