UNOFFICIAL TRANSLATION
Current report no. 11/2022
Date: 2022-03-31
Short name of the issuer: i2 Development S.A.
Subject of the Notification of a change in the share in the total number of votes
Legal basis: Art. 70.1 of the Act on Public Offering – purchase or sale of a significant block of shares

I2 Development S.A. with its seat in Wrocław („Company”) informs that today, ie March 31, 2022, it received from the shareholder Marcin Misztal, acting on behalf of the parties, an agreement concluded pursuant to Art. 87 section 1 point 5) of the Act, ie Marcin Misztal, Andrzej Kowalski, ACICO INVESTMENTS LIMITED with its seat in Larnaca and GALTOCO INVESTMENTS LIMITED with its seat in Nicosia („Parties to the Agreement”) notification of settlement of the acquisition of the Company’s shares by compulsory buyout („Squeeze Buyout”).

The subject of the Compulsory Buyout were all shares belonging to the minority shareholders of the Company, i.e. 260,884 (say: two hundred sixty thousand eight hundred eighty four) ordinary bearer shares of the Company, with a nominal value of PLN 1.00 (say: one) each share, constituting 2.69 % the total number of votes in the Company („Shares”).

The shares covered by the Squeeze-Out were taken up in the following proportions:

1) ACICO INVESTMENTS LIMITED acquired 130,442 (say: one hundred and thirty thousand four hundred and forty-two) Shares, constituting 1.34% (say: one and thirty-four hundredth percent) of the total number of the Company’s shares, entitling to 130,442 (say: one hundred and thirty thousand four hundred and forty two) votes at the General Meeting of the Company, constituting 1.34% (say: one and thirty four hundredth percent) of the total number of votes at the General Meeting of the Company;

2) GALTOCO INVESTMENTS LIMITED acquired 130,442 (say: one hundred and thirty thousand four hundred and forty-two) Shares, constituting 1.34% (say: one and thirty-four hundredth percent) of the total number of the Company’s shares, entitling to 130,442 (say: one hundred and thirty thousand four hundred and forty-two) two) votes at the General Meeting of the Company, constituting 1.34% (say: one and thirty four hundredth percent) of the total number of votes at the General Meeting of the Company.

Signatures of persons representing the Company:
2022-03-31 Marcin Misztal President of the Management Board