RB: 39/2020
Date: 2 November 2020
Notification from shareholder
Legal basis: Art. 70.1 of the Public Offering Act

Text of the report:                                   

Further to current reports No. 11/2020, 14/2020 and 35/2020, the Management Board of Benefit Systems S.A. with its registered seat in Warsaw (the “Company”) informs that on 2 November 2020 the Company received from Invesco Ltd. (“Invesco”), a notification on correction of information (“Correction”) included in the notifications on exceeding thresholds of the total number of votes in the Company, that were reported by the Company in current reports No. 14/2020 on 15 May 2020 and 35/2020 on 16 October 2020 (“Notifications”)

Following advice from legal counsel, in the Correction, Invesco denoted, that its subsidiary: Invesco Canada Limited with its registered seat in Toronto (“Invesco Canada”), which submitted Notifications to the Company, does not have legal identity. Consequently, Invesco Canada had not been required to submit Notifications on exceeding the thresholds of 5% of the total number of votes in the Company as of 2 April 2020 and of 10% of the total number of votes in the Company as of 9 October 2020.

Simultaneously, in relation with the Correction, Invesco reported holding 297 798 shares in the Company entitling to the same amount of votes, which amounts to 10.42% of the total number of votes in the Company as of 9 October 2020 and submitted renewed notification regarding exceeding the threshold of 10% of the total number of votes in the Company by Invesco as of 2 April 2020. Both notifications, which are mentioned above, are also attached to this current report.