Subject: Disclosure of transactions carried out by parties with access to confidential information
Legal basis: Art. 160 section 4 of the Act on Trading
The Management Board of CD PROJEKT S.A. (hereafter referred to as “the Company”) hereby announces that on 23 May 2016 the Company received notices from parties with access to confidential information to the effect that these parties had purchased Company stock:
- According to the notice filed on 23 May 2016 Mr. Adam Kiciński, President of the Management Board, had, on 20 May 2016, purchased 40,000 Series L shares outside of the regulated market at a per-share price of 4.30 PLN, thus exercising rights acquired under the Company’s incentive program covering the years 2011-2015, enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of 16 December 2011.
- According to the notice filed on 23 May 2016 Mr. Marcin Iwiński, Vice President of the Management Board, had, on 20 May 2016, purchased 30,000 Series L shares outside of the regulated market at a per-share price of 4.30 PLN, thus exercising rights acquired under the Company’s incentive program covering the years 2011-2015, enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of 16 December 2011.
- According to the notice filed on 23 May 2016 Mr. Piotr Nielubowicz, Vice President of the Management Board, had, on 20 May 2016, purchased 30,000 Series L shares outside of the regulated market at a per-share price of 4.30 PLN, thus exercising rights acquired under the Company’s incentive program covering the years 2011-2015, enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of 16 December 2011.
- According to the notice filed on 23 May 2016 Mr. Piotr Karwowski, Management Board Member, had, on 20 May 2016, purchased 20,000 Series L shares outside of the regulated market at a per-share price of 4.30 PLN, thus exercising rights acquired under the Company’s incentive program covering the years 2011-2015, enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of 16 December 2011.
- According to the notice filed on 23 May 2016 Ms. Edyta Wakuła, Company proxy, had, on 20 May 2016, purchased 20,000 Series L shares outside of the regulated market at a per-share price of 4.30 PLN, thus exercising rights acquired under the Company’s incentive program covering the years 2011-2015, enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of 16 December 2011.
The acquisition of shares reported in the above notices is associated with the attainment of the Market Goal specified by the Company’s incentive program covering the years 2011-2015. This program was enacted by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of CD PROJEKT S.A. of 16 December 2011, as initially disclosed in Current Report no. 73/2011 of 17 December 2011. Under the provisions of the incentive program, persons regarded as especially important for the Company and for other members of its Capital Group may be granted rights to claim Series L shares if the Company meets certain market and result goals.
Disclaimer:
This English language translation has been prepared solely for the convenience of English speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail. CD PROJEKT, its representatives and employees decline all responsibility in this regard.