Current Report 7/2025
17/04/2025 • 14:11
Subject:
Change in the Management Board’s recommendation to the AGM regarding the share buyback and authorised capital
Legal basis:
Art. 17 sec. 1 MAR – inside information.
Content:
The Management Board of cyber_Folks S.A. [“Company”] – with reference to the Company’s Current Report No. 4/2025 concerning the Management Board’s proposals regarding the distribution of the Company’s profit for the 2024 financial year, the recommendation to the AGM regarding a share buyback and an amendment to the Articles of Association concerning authorised capital – hereby announces that on 16 April 2025 it adopted a Management Board resolution pursuant to which it resolved that:
– with regard to the share buyback, the number of shares covered by the buyback will change and will amount to 50,000 treasury shares (originally 55,000), and the buyback price will change and will amount to no more than PLN 200.00 (originally PLN 180.00); consequently, the amount of the reserve capital to be created for this purpose will change and will amount to PLN 10,000,000 (originally PLN 9,900,000.00);
– with regard to the authorised capital, the period of authorisation for the Management Board to increase the share capital will change and will amount to 2 years (originally 3 years).
At the same time, the Company’s Management Board hereby announces that on 17 April 2025 the above changes were positively assessed by the Company’s Supervisory Board.
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