Acting pursuant to the authorisation granted by Resolution No. 33 of the Annual General Meeting of 10 June 2025 authorising the Management Board of Inter Cars S.A. (the “Company”) to acquire the Company’s own shares, the Company’s Management Board announces that on 15 September 2025 it resolved to launch a share buyback by way of an invitation to tender Company shares for sale (the “Invitation”) on the following terms:
- The Invitation covers up to 150,000 (one hundred and fifty thousand) ordinary bearer shares in book-entry form, with a par value of PLN 2.00 per share, issued by the Company and registered with the Central Securities Depository of Poland (Krajowy Depozyt Papierów Wartościowych S.A.) under ISIN code PLINTCS00010, representing up to 1.06% of the Company’s share capital and conferring up to 1.06% of total voting rights in the Company (the “Shares”).
- The Invitation is not a tender offer or exchange offer for shares, as referred to in Article 72a et seq. of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies of 29 July 2005 (“Act on Public Offering”), or Article 91.5 of the Act on Public Offering, or an offer as defined in Article 66 of the Civil Code of 23 April 1964.
- The proposed purchase price for the Shares is PLN 575.00 (five hundred and seventy-five złoty) per Share.
- Schedule of the share buyback based on the Invitation:
- publication date of the Invitation: 15 September 2025
- opening of the period set for accepting tenders of shares: 16 September 2025
- closing of the period set for accepting tenders of shares: 23 September 2025
- expected date of Share transfer and transaction settlement: 26 September 2025
- Trigon Dom Maklerski S.A. (the “Brokerage House”) will act as an intermediary in the execution and settlement of the share buyback based on the Invitation.
- The Company reserves the right, at its sole discretion and in whatever case, to cancel the Invitation and abandon the share buyback at any time, including in particular the right not to purchase Shares tendered in response to the Invitation.
The full text of the Invitation is attached to this current report and will be available on the Company’s website at https://inwestor.intercars.com/
During the period set for accepting tenders of shares, it will also be available at the Brokerage House’s client service offices and on its website at www.trigon.pl.
Legal basis:
Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC – inside information.
- Krzysztof Soszyński – Vice President of the Management Board
- Piotr Zamora – Member of the Management Board
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