13/2013 – Receipt of request for conversion of D bonds into H bonds

In regard to current report no. 8/2013 of 1 February 2013 and current report no. 10/2013 of 5 February 2013, the Management Board of Trakcja S.A. (“Company”), hereby informs that on 19 February 2013, the Company received from the remaining holders of D bonds requests for conversion of the Bonds in total number of 66 (issued on 31 January 2013 – “Bonds”), into H Shares in total number of 60.000.000. The conversion price (issue price) was set in compliance with resolution no 4 of the Company’s General Meeting of 12 December 2012 and conditions of Bond issue at the level as indicated at the said meeting for the first conversion period, in the amount of PLN 0.55 per one Share.

The conversion of Bonds into Shares shall take place by means of registering the Shares on relevant recording accounts maintained by the Warsaw Stock Exchange and de-registering the Bonds therefrom. The conversion shall be completed upon recording the Shares at a relevant stock account owned by the Bond holders subject to conversion into Shares.

In separate report or reports, the Company shall inform about the conversion of Bonds into Shares pursuant to provisions of § 5 sec. 1 point 10 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state.

Legal basis: Article 56 sec. 1 point 1 the Act on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies.