Current reports

Conclusion of an agreement on the announcement and conduction of a share purchase offer with a brokerage house.

Current report number: 9/2013

Data: 26 February 2013

Polish Financial Supervision Authority
Pl. Powstańców Warszawy 1
00-950 Warszawa


The issuer’s Management Board wishes to inform whom it may concern that on 26 February 2013 it learnt about the conclusion on 25 February 2013 of a contract for intermediation services concerning the purchase of the company’s treasury shares by means of an offer addressed to the shareholders, which concerns not more than 207,195 bearer shares and not more than 76,705 registered shares, for the price of PLN 14 per share. The contract was made with brokerage house Dom Maklerski IDM S.A with registered office in Krakow, on the basis of a power of attorney granted by virtue of Resolution No. 3/2012 of the Extraordinary General Meeting of Shareholders of 29 October 2012 concerning the acquisition of treasury shares for redemption.
Pursuant to the agreement, on 26 February 2013, the content of the offer is to be provided by the brokerage house to the Polish Press Agency for public announcement. The share sale offers under the offer programme will start on 07 March 2013 and will be continued until 22 March 2013. The anticipated date for the transaction conclusion and settlement under the offer programme is 29 March 2013.

The share purchase offer will be published on the website of the brokerage house www.idmsa.pl as well as the issuer’s website www.tell.pl.

The above-mentioned offer does not constitute a call within the understanding of the Act of 29 July 2005 on public trading and on conditions of introduction of financial instruments into organised trading systems and on public companies (consolidated text in Journal of Laws No. 185 item 1439 of 2009 as amended).


Legal basis: Art.56 clause1 item 1 of the Offering Act – Confidential Information

Signed: Rafał Stempniewicz – President of the Management Board