Management Board of Black Pearl S.A. ("Company", "Issuer") with its registered office in Warsaw informs that on 07/07/2021 the purchase price of 300,000 of BPC's own shares was paid by transferring 1,000,000 MCAN coin to the Seller. Thus, the Management Board of the Company implemented the provisions of the Conditional Share Purchase Agreement for redemption and Resolution No. 23 of the Ordinary General Meeting of the Company of June 30, 2021.
The next stage of the transaction is the redemption of shares and their elimination from the market. After redemption of shares, another announcement will be made and institutions supervising stock exchange trading will be notified.
Ultimately, the number of shares will be respectively: 2,453,380 shares instead of 2,753,380 shares of BPC, representing 100% of the share capital and votes at the General Meeting of Shareholders. As a result, the market parity of shares owned by minority investors in Black Pearl S.A. will increase.
