Investor relations

Subject: Announcement of the intention to acquire shares by means of a forced buyout. 

Legal basis: Article 17 section 1 of MAR – confidential information 

The Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ("Company") hereby informs that today, i.e. on 21st May 2021, it received a notification from shareholder Józef Wojciechowski ("Notifier") on his intention to purchase the Company's shares by way of forced buyout ("Notification"). 

As stated in the Notification, the subject of the forced buyout shall be all shares belonging to minority shareholders of the Company, i.e. 4,137,689 (say: four million one hundred thirty-seven thousand six hundred eighty-nine) ordinary bearer shares of the Company, with the nominal value of PLN 0.20 (say: twenty groszy) each, constituting 4.66 (say: four point sixty six) % of the Company's share capital and authorising to 4,137,689 (say: four million one hundred and thirty seven thousand six hundred and eighty nine) votes at the Company's General Meeting, representing 4.66 (say: four point sixty six) % of the total number of votes in the Company, which were approved and are traded on the regulated market (main market) operated by Warsaw Stock Exchange S.A. ("WSE") and marked in Krajowy Depozyt Papierów Wartościowych S.A. ("KDPW") with ISIN code: PLJWC0000019. 

The Notifier has set a redemption date of 1 June 2021. The Redemption Price per Share subject to the Forced Buyout is PLN 3.70 ( say: three zloty and 70/100) and has been determined in accordance with Article 79 sections 1-3 of the Act on Offering. 

The content of the information provided by the Notifier on the intention to acquire shares of J.W. CONSTRUCTION HOLDING S.A. by way of a forced buyout is attached to this current report.