In reference to the current report No. 22/2011 as of 11/11/2011, the Management Board of TOYA S.A. (“the Company”) announces that on 26 June 2014 the Supervisory Board, in connection with the approval by the Ordinary General Meeting of the consolidated financial statements of TOYA Group for the year 2013, according to which consolidated net profit for 2013 amounted to PLN 25 666 thousand, which gives a 45% increase as compared to consolidated net profit of the Group for 2012, adopted a resolution to grant stock options to Entitled Persons under the third tranche of the Incentive Program.
The Supervisory Board has granted to 20 Entitled Persons stock options entitling to subscribe for a total of 280 734 the Subscription Warrants of series A, with the right to acquire shares series D issued pursuant to Resolution No. 3 of the General Meeting of Shareholders on 8 February 2011 on the issue of subscription warrants of series A with the exclusion of the pre-emptive right to acquire shares.
Legal basis: Article 56 section 1 point 1 of the Act on Public Offer.
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Dorota Chrzanowska Based on Power of Attorney from President of the Management Board |