RB: 27/2022
Date: 12 July 2022
Notification of reducing stake below 5% threshold of total voting rights at the Company
Legal basis: Art. 70.1 of the Public Offering Act

Text of the report: 

The Management Board of Benefit Systems S.A. with its registered seat in Warsaw (hereinafter the "Company") informs that on 12 July 2022 the Company received from Invesco Europlus Fund with its registered seat in Toronto ("Invesco Europlus"), a notification that Invesco Europlus reduced its stake below 5% of the total number of votes in the Company ("Notification"). Full text of the Notification is attached to this report.

The Notification indicates that Invesco Europlus holds 146,673 Company shares, representing 4.9999% of the Company's share capital, and 146,673 voting rights at its General Meeting, representing 4.9999% of total voting rights.

According to the Notification, the stake was reduced below 5% threshold of total voting rights at the Company on 7 July 2022. Invesco Europlus informed about holding 5.193% of the total number of votes in the Company in the previous notification.

The Notification indicates also that the above mentioned change was at an individual fund level and there is no change in the reportable holding for Invesco Ltd. or Invesco Canada Limited.