CALL FOR SHARES IN THE COMPANY
In connection with the entry into force of the Law of August 30, 2019. On amendments to the Commercial Companies Code and certain other laws (Journal of Laws of 2019, item 1798), hereinafter referred to as “Law“, Navigator Capital S.A. (hereinafter as: “Company”), informs shareholders of the introduction into Polish law Mandatory dematerialization of company shares, which means replacing the paper form of shares with an electronic record in the shareholder register conducted by the entity referred to in Art. 3281 § 2 of the Commercial Companies Code, as amended by the Act.
According to the amendments, the validity of the existing share documents issued by the Company will expire by operation of law on March 1, 2021. After that date, the shares will not be a document confirming the status of the shareholder, but only an evidentiary document necessary for updating the electronic shareholder register. On the other hand, after March 1, 2026. there will be a loss of protection of membership rights for shareholders whose share documents were not filed with the company and were not included in the electronic shareholder register.
In connection with the aforementioned changes, the Company’s Board of Directors invites all shareholders to submit their share documents to the Company’s registered office: ul. Twarda 18 in Warsaw (00-105), so that they can be converted into electronic record form. The filing of share documents with the Company is done with written confirmation issued to the shareholder.
CALL FOR SHARES IN THE COMPANY
In connection with the entry into force of the Law of August 30, 2019. On amendments to the Commercial Companies Code and certain other laws (Journal of Laws of 2019, item 1798), hereinafter referred to as “Law“, Navigator Brokerage S.A. (hereinafter as: “Company”), informs shareholders of the introduction into Polish law Mandatory dematerialization of company shares, which means replacing the paper form of shares with an electronic record in the shareholder register conducted by the entity referred to in Art. 3281 § 2 of the Commercial Companies Code, as amended by the Act.
According to the amendments, the validity of the existing share documents issued by the Company will expire by operation of law on March 1, 2021. After that date, the shares will not be a document confirming the status of the shareholder, but only an evidentiary document necessary for updating the electronic shareholder register. On the other hand, after March 1, 2026. there will be a loss of protection of membership rights for shareholders whose share documents were not filed with the company and were not included in the electronic shareholder register.
In connection with the aforementioned changes, the Company’s Board of Directors invites all shareholders to submit their share documents to the Company’s registered office: ul. Twarda 18 in Warsaw (00-105), so that they can be converted into electronic record form. The filing of share documents with the Company is done with written confirmation issued to the shareholder.
