Questions to the draft resolution on granting approval for applying for admission of the Bank's shares to trading on a regulated market, dematerialisation of the Bank's shares and registration of the Bank's shares in the depository for securities, as well as for conclusion of agreements aiming at ensuring successful sale of the Bank's shares by the State Treasury and Bank Gospodarstwa Krajowego Question from Mr Tomasz Bujak, the representative of the Association of Individual Investors:
- Who proposed the draft resolution?
- How will the sale price of shares for investors be settled?
- Will, in the opinion of the Management Board and the authors of the resolution, the offering not pose any risk for pricing of shares of current shareholders of PKO BP SA?
- Will the share price factor be considered during sale by the shareholders mentioned in the resolution and when will it be announced to the public?
- How will the Bank engage in help for shareholders?
Answer by the President, Mr Zbigniew Jagiełło: "In April 2011, the Bank received letters from the selling shareholders, i.e. the Ministry of Treasury and Bank Gospodarstwa Krajowego, informing about an intention to sell the Bank's shares and requesting to initiate actions in order to prepare the Bank for participation in the public offering. On 19 April 2011, the Management Board of the Bank decided to initiate actions in order to prepare the Bank for participation in the sale of the Bank's shares by the State Treasury and Bank Gospodarstwa Krajowego. In this case, the shareholders are the decision makers. The Management Board of the Bank tries to ensure compliance with all provisions of the law during this process, as well as to maintain the best value of the Bank for shareholders, including for those who will not sale their shares under this offering."