Current
reports

Value of new orders in April 2023 and in November 2022 – April 2023

The Management Board of MERCOR S.A. reports that the value of new orders received by the Mercor Group in April; 2023 was about PLN 40.8m, compared with PLN 49.8m in the same period last year, an decrease of 18%.

In the period from November 2022 to April 2023, the Group secured new orders worth about PLN 298.7m, compared with PLN 274.8m in the same period a year earlier, an increase of 9%.

Legal basis: Article 17(1) of MAR – Inside information

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on April 24th 2023, it purchased 876 Company shares at an average price of PLN 19.429 per share. The total value of the purchased shares was PLN 17,019.50. The purchased shares represent 0.00559% of the Company’s share capital and total voting rights;
• on April 28th 2023, it purchased 319 Company shares at an average price of PLN 20.50 per share. The total value of the purchased shares was PLN 6,539.50. The purchased shares represent 0.00204% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 117,502. They represent 0.75040% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between April 24th and April 28th 2023.

Legal basis:  Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Notification under Article 19(1) of Market Abuse Regulation

The Management Board of MERCOR S.A. announces that it has received a notification pursuant to Article 19(1) of the Market Abuse Regulation on behalf of Value Fund Poland Activist FIZ, a person closely associated with Eryk Karski, a member of the Company’s Supervisory Board.

The content of the notification is attached hereto.

Legal basis: Article 19(3) MAR – Notification of transactions conducted by persons discharging managerial responsibilities

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on April 20th 2023, it purchased 832 Company shares at an average price of PLN 19.00 per share. The total value of the purchased shares was PLN 15,808.00. The purchased shares represent 0.00531% of the Company’s share capital and total voting rights;
• on April 21st 2023, it purchased 819 Company shares at an average price of PLN 19.30 per share. The total value of the purchased shares was PLN 15,806.70. The purchased shares represent 0.00523% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 116,307. They represent 0.74277% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between April 20th and April 22nd 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Notification under Article 19(1) of Market Abuse Regulation

The Management Board of MERCOR S.A. announces that it has received a notification pursuant to Article 19(1) of the Market Abuse Regulation on behalf of Value Fund Poland Activist FIZ, a person closely associated with Eryk Karski, a member of the Company’s Supervisory Board.

The content of the notification is attached hereto.

Legal basis: Article 19(3) MAR – Notification of transactions conducted by persons discharging managerial responsibilities

Value of new orders in March 2023 and in October 2022 – March 2023

The Management Board of MERCOR S.A. reports that the value of new orders received by the Mercor Group in March 2023 was about PLN 66.7m, compared with PLN 65.5m in the same period last year, an increase of 2%.

In the period from October 2022 to March 2023, the Group secured new orders worth about PLN 303.5m, compared with PLN 266.6m in the same period a year earlier, an increase of 14%.

Legal basis: Article 17(1) of MAR – Inside information

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on April 3th 2023, it purchased 224 Company shares at an average price of PLN 18.50 per share. The total value of the purchased shares was PLN 4,144.00. The purchased shares represent 0.00143% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 114,656. They represent 0.73223% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between April 3th and April 7th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on March 27th 2023, it purchased 584 Company shares at an average price of PLN 18.376 per share. The total value of the purchased shares was PLN 10,731.60. The purchased shares represent 0.00373% of the Company’s share capital and total voting rights;
• on March 29th 2023, it purchased 168 Company shares at an average price of PLN 18.50 per share. The total value of the purchased shares was PLN 3,108.00. The purchased shares represent 0.00107% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 114,432. They represent 0.73080% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between March 27th and March 29th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Execution of property purchase contract

The Management Board of MERCOR S.A. (the “Company”) announces that on March 30th 2023the Company executed a notarised agreement and purchase contract pursuant to which it prematurely terminated the Lease Contract with Millennium Leasing sp. z o.o. of Warsaw (formerly: Millennium Lease sp. z o.o.) (as amended), and purchased the property located in Cieplewo, at ul. Kwarcowa 3 and Kwarcowa 3A, Municipality of Pruszcz Gdański, which houses the Company’s Manufacturing Plant.

The sale of the property and execution of the Lease Contract were announced by the Company in Current Report No. 5/2009 of January 17th 2009.

The sale price as at the date of termination of the Lease Contract was set at a tax-inclusive amount of PLN 15,233,284.92 (fifteen million, two hundred and thirty-three thousand, two hundred and eighty-four złoty, 92/100), settled partly against the security deposit accumulated pursuant to the Lease Contract (an amount of PLN 8,246,000.00 (eight million, two hundred and forty-six thousand złoty)) and partly paid by bank transfer (an amount of PLN 6,987,284.92 (six million, nine hundred and eighty-seven thousand, two hundred and eighty-four złoty, 92/100)).

Legal basis: Article 17(1) of MAR – Inside information

Notification under Article 19(1) of Market Abuse Regulation

The Management Board of MERCOR S.A. announces that it has received a notification pursuant to Article 19(1) of the Market Abuse Regulation on behalf of N50 Cyprus Limited, a person closely associated with Marian Popinigis, a member of the Company’s Supervisory Board.

The content of the notification is attached hereto.

Legal basis: Article 19(3) MAR – Notification of transactions conducted by persons discharging managerial responsibilities

Notification of change in percentage share of total voting rights

The Management Board of MERCOR S.A. publishes, attached hereto, a notification it has received pursuant to Art. 69a.1.3 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, concerning a decrease in the indirect shareholding of Mr Artur Kasner below the threshold of 25% of total voting rights in the Company.

Legal basis: Art. 70.1 of the Public Offering Act.

Notification of change in percentage share of total voting rights

The Management Board of MERCOR S.A. publishes, attached hereto, a notification it has received pursuant to Art. 69.1.2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, concerning a decrease in the shareholding of Bangtino Limited of Nicosia, Cyprus, below the threshold of 25% of total voting rights in the Company.

Legal basis: Art. 70.1 of the Public Offering Act.

Notification under Article 19(1) of Market Abuse Regulation

The Management Board of MERCOR S.A. announces that it has received a notification pursuant to Article 19(1) of the Market Abuse Regulation on behalf of N50 Cyprus Limited, a person closely associated with Marian Popinigis, a member of the Company’s Supervisory Board.

The content of the notification is attached hereto.

Legal basis: Article 19(3) MAR – Notification of transactions conducted by persons discharging managerial responsibilities

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on March 13th 2023, it purchased 1,087 Company shares at an average price of PLN 17.60 per share. The total value of the purchased shares was PLN 19,131.20. The purchased shares represent 0.00694% of the Company’s share capital and total voting rights;
• on March 14th 2023, it purchased 1,330 Company shares at an average price of PLN 17.645 per share. The total value of the purchased shares was PLN 23,467.85. The purchased shares represent 0.00849% of the Company’s share capital and total voting rights;
• on March 15th 2023, it purchased 1,332 Company shares at an average price of PLN 17.793 per share. The total value of the purchased shares was PLN 23,700.30. The purchased shares represent 0.00851% of the Company’s share capital and total voting rights;
• on March 16th 2023, it purchased 1,383 Company shares at an average price of PLN 17.754 per share. The total value of the purchased shares was PLN 24,553.80. The purchased shares represent 0.00883% of the Company’s share capital and total voting rights;
• on March 17th 2023, it purchased 1,414 Company shares at an average price of PLN 17.603 per share. The total value of the purchased shares was PLN 24,890.85. The purchased shares represent 0.00903% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 109,681. They represent 0.70046% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between March 13th and March 17th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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