Investor relations

Topic:
Receipt of notices pursuant to Article 70, item 1 of the public offering act and terms and conditions of introduction of financial instruments to the organised trading system and of the public companies

Legal basis
Article 70, item 1 of the Offer Act - acquisition or disposal of a significant package of shares

Report Contents:
Acting on the basis of art. 70, item 1 of the act of 29 July 2005 on the public offering and terms and conditions of introduction of financial instruments to the organised trading system and of public companies (Journal of Laws 2009, No. 185, item 1439, as amended), J.W. Construction Holding S.A. with its registered office in Ząbki (“the Company”), hereby informs that on 21 July 2015, it received a notification, corrected on 22 July 2015, reading as follows: "Towarzystwo Funduszy Inwestycyjnych PZU S.A. ("TFI PZU SA”) seated in Warsaw, acting on behalf and for the benefit of the investment funds under its management:
1. PZU Fundusz Inwestycyjny Otwarty Parasolowy,
2. PZU Specjalistyczny Fundusz Inwestycyjny Otwarty Globalnych Inwestycji,
3. PZU Specjalistyczny Fundusz Inwestycyjny Otwarty Universum,
(“TFI PZU Funds”) in accordance with Article 69, par. 1, item 1) in conjunction with Article 87, par. 1, item 2, letter a) of the act of 29 July 2005 on the public offering and the terms and conditions of introduction of financial instruments to the organised trading system and of public companies (i.e. Journal of Laws 2013, item 1382, as amended) hereby reports that as a result of the settlement on 20 July 2015 of the acquisition of 700,000 (seven hundred thousand) shares of J.W. Construction Holding S.A. (“the Company”), in an ordinary transaction carried out in the Warsaw Stock Exchange, the share of TFI PZU Funds in the total number of votes at a general meeting of the Company exceeded the 5% threshold, i.e:

The number of shares held before the change: 4,439,931
The percentage share in the Company’s share capital: 4.9966%
Number of votes from shares: 4,439,931
Percentage of total votes: 4.9966%

Number of shares held following the share change: 5,139,931
The percentage share in the Company’s share capital: 5.7843%
Number of votes from shares: 5,139,931
Percentage of total votes: 5.7843%

In addition, TFI PZU SA reports that:

• TFI PZU funds do not have any subsidiaries holding the Company’s shares;
• TFI PZU SA - as a management entity - may exercise, on behalf of TFI PZU Funds, the right to vote at the general meeting of the Company.