Information for the shareholders Activity schedule
Following the effective date of the Act of 30 August, 2019 amending the Act – Code of Commercial Companies and Partnerships and certain other acts, significant changes have been introduced concerning, among others, joint-stock companies. From 1 March 2021, shares will be dematerialised, i.e., all share certificates issued by the companies will expire, and only those disclosed in the shareholder register, which will replace the share register, will be shareholders. Therefore, the following activity schedule shall apply.
By 30 September 2020:
– The General Shareholders’ Meeting of the company elects an entity to keep the shareholder register. An entity authorised to keep the shareholder register is an entity that, pursuant to the Act of 29 July 2005 on Trading in Financial Instruments, is authorised to keep securities accounts, such as: a securities house, a bank conducting brokerage activity or a trust bank,
– The company’s Management Board enters into an agreement to maintain the shareholder register with an entity elected by the General Shareholders’ Meeting. This is followed by the first request for shareholders to submit share documents to the company – the request is made in the same way as for the convening of the company’s General Shareholders’ Meeting. Information concerning the request shall be posted on the company’s website.
By 31 January 2021:
– Consecutive four requests for the shareholders to submit share documents to the company follow. The request shall be made at intervals no greater than one month and no shorter than two weeks, in the same way as the first request to shareholders was made,
– The company is in the process of assembling the share documents. As of 1 March 2021, the share documents expire. Only those shareholders who are entered into the shareholder register may exercise voting rights and receive dividends.
After 1 March 2026, the protection of membership rights for shareholders whose share documents haven’t been dematerialised will be lost – share documents lose their probative value in terms of proving shareholder’s rights attached to the shares.
Pursuant to Resolution No. 3 of the Extraordinary Shareholders’ Meeting of the Industrial Research and Development Center dated 4 June 2020, the following entity was elected to keep the shareholders’ register: Navigator S.A. Securities House with its registered office in Warsaw, ul. Twarda 18, 00-105 Warsaw, entered into the Register of Entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS (National Court Register Number) : 0000274307, NIP (Tax Identification Number): 107 000 6735, REGON (National Business Registry Number): 140871261, share capital: PLN 1,400,000.00 (paid up).
Therefore, the Management Board of the Industrial Research and Development Center, with its registered seat in Warsaw (hereinafter referred to as the “Company”), pursuant to Article 16 of the Act of 30 August 2019, amending the Act – Code of Commercial Companies and Partnerships and certain other acts (Polish Journal of Laws of 2019, item 1798 as amended), requests all shareholders of the Company to submit their share documents for the purpose of their dematerialisation. Share documents should be submitted at the Company’s registered seat, ul. Ludwika Waryńskiego 3A (00 – 645 Warsaw) on working days (Monday to Friday) from 9:00 am to 5:00 pm.