Legal Basis:
Article 56 section 1 point 2 of the Act on the offer – current and periodic information
The Management Board of PPH KOMPAP S.A. with its registered office in Kwidzyn hereby hands over the text of draft acts which are to form the subject of debates of the Ordinary General Meeting of the Company on 15 June 2016:
RESOLUTION NO. 1
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: selection of the Chairperson of the Meeting
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn, acting on the basis of Article 409 §1 of the Code of Commercial Companies, chooses the Chairperson of the Meeting in the person of Mr/Ms ........................................... .
RESOLUTION NO. 2
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: selection of the Returning Committee and Resolutions
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn appoints the following persons: ............................................................. as members of the Returning Committee and Resolutions.
RESOLUTION NO. 3
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: approval of the agenda
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] accepts the agenda of today’s Ordinary General Meeting in the wording consistent with the agenda which was placed in the announcement on convention of this General Meeting, published by the Company on 19 May 2016 in the current report no. 25/2016 and on the website: www.kompap.pl.
RESOLUTION NO. 4
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: approval of the Management Board’s report on operations of the Company in 2015
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn approves the Management Board’s report on operation of the Company in the financial year 2015.
RESOLUTION NO. 5
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: approval of the financial statement for 2015
Based on Article 395 § 2 point 1 of the Code of Commercial Companies the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn, after having examined the financial statement consisting of a balance sheet drawn up as on 31 December 2015, profit and loss account for the financial year from 1 January 2015 to 31 December 2015, cash flow account for the financial year from 1 January 2015 to 31 December 2015, statement of changes in equity for the financial year from 1 January 2015 to 31 December 2015, introduction into the financial statement and explanatory notes to the financial statement, approves the financial statement for the financial year from 1 January 2015 to 31 December 2015, comprising:
a) balance sheet showing the amount of 34 835 422.99 PLN (in words: thirty-four million eight hundred and thirty-five thousand four hundred and twenty-two zloty 99/100) in assets and liabilities,
b) profit and loss account showing the net loss of 32 199.27 PLN (in words: thirty-two thousand one hundred and ninety-nine zloty 27/100),
c) cash flow account showing no changes in the cash balance,
d) statement of changes in equity,
e) introduction into the financial statement and explanatory notes to the financial statement.
RESOLUTION NO. 6
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: approval of the Management Board’s report on operations of KOMPAP Group in 2015
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn approves the Management Board’s report on operations of KOMPAP Group in the financial year 2015.
RESOLUTION NO. 7
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: approval of the consolidated financial statement of KOMPAP Group for 2015
Based on Article 395 § 5 of the Code of Commercial Companies the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn, after having examined the consolidated financial statement of KOMPAP Group consisting of a balance sheet drawn up as on 31 December 2015, profit and loss account for the financial year from 1 January 2015 to 31 December 2015, cash flow account for the financial year from 1 January 2015 to 31 December 2015, statement of changes in equity for the financial year from 1 January 2015 to 31 December 2015, introduction into the financial statement and explanatory notes to the financial statement, approves the financial statement for the financial year from 1 January 2015 to 31 December 2015, comprising:
a) balance sheet showing the amount of 87 218 082.31 PLN (in words: eighty-seven million two hundred and eighteen thousand eighty-two zloty 31/100) in assets and liabilities,
b) profit and loss account showing the net profit of: 4,729,170.55 PLN (in words: four million seven hundred and twenty-nine thousand one hundred and seventy zloty 55/100),
c) cash flow account showing the decrease in cash balance by the amount: 154,649.24 PLN (in words: one hundred and fifty-four thousand six hundred and forty-nine zloty 24/100),
d) statement of changes in equity,
e) introduction into the financial statement and explanatory notes to the financial statement.
RESOLUTION NO. 8
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: covering the loss
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn decides to cover the net loss for the financial year 2015 in the amount of 32 199.27 (in words: thirty-two thousand one hundred and ninety-nine zloty 27/100) in its entirety from supplementary capital.
RESOLUTION NO. 9
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Waldemar Lipka in 2015 – performing the function of the Company’s President of the Management Board in 2015
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Waldemar Lipka performing the function of the Company’s President of the Management Board in 2015.
RESOLUTION NO. 10
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Jerzy Łopaciński in 2015 – performing the function of the Company’s Chairperson of the Supervisory Board in 2015.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Jerzy Łopaciński – performing the function of the Company’s Chairperson of the Supervisory Board in 2015.
RESOLUTION NO. 11
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Marek Głuchowski in 2015 – performing the function of the Company’s Deputy Chairperson of the Supervisory Board in 2015.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Marek Głuchowski – performing the function of the Company’s Deputy Chairperson of the Supervisory Board in 2015.
RESOLUTION NO. 12
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Edward Łaskawiec in 2015 – performing the function of the Company’s Member of the Supervisory Board in 2015.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Edward Łaskawiec – performing the function of the Company’s Member of the Supervisory Board in 2015.
RESOLUTION NO. 13
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Jakub Knabe in 2015 – performing the function of the Company’s Member of the Supervisory Board in 2015.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Jakub Knabe – performing the function of the Company’s Member of the Supervisory Board in 2015.
RESOLUTION NO. 14
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: acknowledgement of fulfilment of duties by Mr Mariusz Banaszuk in 2015 – performing the function of the Company’s Member of the Supervisory Board in 2015.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting acknowledges fulfilment of duties in 2015 by Mr Mariusz Banaszuk – performing the function of the Company’s Member of the Supervisory Board in 2015.
RESOLUTION NO. 15
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: division of profits made earlier by the Company from previous years, handed over by the previous General Meeting of Shareholders into the supplementary capital and payment of dividend from these profits.
The Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn decides to pay out dividend from the supplementary capital of the Company which, in the past, arose from profits made by the Company in consideration of the requirements of Article 348 § 1 of the Code of Commercial Companies and 396 of the Code of Commercial Companies in the amount of PLN 936,099.20 (nine hundred and thirty-six thousand ninety-nine zloty 20/100) i.e. in the amount of PLN 0.20 each (twenty groszy) for one share.
At the same time the Ordinary General Meeting of the Company sets 1 August 2016 as the day of the dividend, and 19 August 2016 as the day of paying out the dividend.
Justification:
Taking account of the fact that KOMPAP SA Group considerably improved its financial results and in 2015 made the net profit in the amount of PLN 4,728,000, it is possible to pay out the dividend from the supplementary capital of KOMPAP SA which, in the past, arose from profits made by the Company. The amount possible to be intended from the supplementary capital is PLN 3,104,364.13. In recent years the Company did not benefit from this possibility taking account of the general situation of the Group. In the light of the achieved results the Management Board is of the opinion that there are no obstacles to benefit from this capital and pay out the dividend in the part in the aforementioned amount.
RESOLUTION NO. 16
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: appointment of a member of the Supervisory Board for a period of the new term of office.
Due to expiry of a mandate of the Company’s Member of the Supervisory Board Mr Edward Łaskawiec as a result of expiry of the term of office, the Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting appoints Mr Edward Łaskawiec to perform the function of the Member of the Supervisory Board for a period of the further five-year term of office.
RESOLUTION NO. 17
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: appointment of a member of the Supervisory Board for a period of the new term of office.
Due to expiry of a mandate of the Company’s Member of the Supervisory Board Mr Jakub Knabe as a result of expiry of the term of office, the Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting appoints Mr Jakub Knabe to perform the function of the Member of the Supervisory Board for a period of the further five-year term of office.
RESOLUTION NO. 18
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: appointment of a member of the Supervisory Board
Due to expiry of a mandate of the Company’s Member of the Supervisory Board Mr Mariusz Banaszuk as a result of expiry of the term of office, the Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn within secret voting appoints Mr/Ms .......................... to perform the function of the Member of the Supervisory Board of PPH KOMPAP S.A.
The resolution comes into force upon its passing.
RESOLUTION NO. 19
of the Ordinary General Meeting of the Company: PPH KOMPAP S.A. in Kwidzyn on 15 June 2016
concerning: expression of consent to acquire, by subsidiaries, i.e. Białostockie Zakłady Graficzne S.A. and OZGraf Olsztyńskie Zakłady Graficzne S.A., shares of the parent company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP S.A. in Kwidzyn and to determine terms and conditions for acquisition of the foregoing shares.
Based on Article 362 § 1 point 8 in connection with Article 362 § 4 of the Code of Commercial Companies the Ordinary General Meeting of the Company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP Spółka Akcyjna [Production and Trade Enterprise KOMPAP Joint-Stock Company] with its registered office in Kwidzyn expresses its consent to acquire, by the subsidiaries i.e. Białostockie Zakłady Graficzne S.A. and OZGraf Olsztyńskie Zakłady Graficzne S.A., shares of the parent company under the business name: Przedsiębiorstwo Produkcyjno Handlowe KOMPAP S.A. in Kwidzyn under the following terms and conditions:
1) maximum number of shares for acquisition – each subsidiary maximum up to 400.000 shares i.e. in total – maximum up to 800.000 shares in consideration of Article 362 § 2 point 2 of the Code of Commercial Companies in accordance to which the total nominal value of the shares acquired by both subsidiaries cannot exceed 20% of the Company’s supplementary capital.
2) authorisation period – by 31 December 2017
3) maximum and minimum amount of payment for the acquired shares – from PLN 12.00 to PLN 5.00.
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date, First Name and Surname, Position/Function, Signature
19 May 2016 Waldemar Lipka – President of the Management Board