Shareholder | Number of shares |
Face value of shares | Number of votes at the AGM | Share in the total number of votes at the AGM |
---|---|---|---|---|
State Treasury | 7,878,030 | 7,878,030 | 7,878,030 | 6.93% |
Nafta Polska S.A.* | 59,025,000 | 59,025,000 | 59,025,000 | 51.91% |
Other shareholders | 46,796,970 | 46,796,970 | 46,796,970 | 41.16% |
Total | 113,700,000 | 113,700,000 | 113,700,000 | 100.00% |
(*) The Treasury owns 100% of the shares of Nafta Polska S.A.
Grupa LOTOS has not issued any securities granting any special control rights to shareholders or any securities with limited rights of disposal.
One share of Grupa LOTOS gives one vote at the Annual General Meeting, however, as long as Nafta Polska S.A. owns stocks giving it at least one-fifth of the total number of votes in the Company, the right of the Company’s stockholders is limited so that none of them can vote with more than one-fifth of the total number of votes existing in the Company as of the day of the Annual General Meeting.
This limitation of the right to vote does not concern Nafta Polska S.A. Performance of the right to vote by a subsidiary is considered in the same way as that of a parent company in the meaning of the regulations on the public turnover of securities.