UNOFFICIAL TRANSLATION
Current report no. 8/2022
Date: 2022-03-25
Short name of the issuer: i2 Development S.A.
Topic: Announcement of the intention to acquire shares by compulsory buyout
Legal basis: Art. 17 sec. 1 of MAR – confidential information

The Management Board of I2 Development S.A. with its registered office in Wrocław („Company”), hereby announces that today, ie on March 25, 2022, it has received from shareholder Marcin Misztal (the „Applicant”) a notification of the intention to acquire the Company’s shares by squeeze-out („Notification”).

As follows from the Notice, the subject of the compulsory buyout will be 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 zloty) each a share, representing 2.69 (say: two and sixty-nine hundredth percent)% of the share capital of the Company and entitling to 260,884 (say: two hundred and sixty thousand eight hundred and eighty-four) votes at the general meeting of the Company, representing 2.69 (say: two and sixty-nine hundredth percent)% of the total number of votes in the Company that have been admitted and traded on the regulated (primary) market operated by the Warsaw Stock Exchange („WSE”) and marked with the National Depository for Securities S.A. („KDPW”) under the ISIN code: PLI2DVL00014.

The applicant has specified the maturity date as March 30, 2022. The purchase price for one Share being the subject of the Squeeze-out is PLN 11,50  (say: eleven zlotys 50/100) and was determined in accordance with Art. 79 sec. 1-3 of the Act on Public Offering.

The content of the information provided by the Applicant on the intention to acquire shares in I2 Development S.A. by means of a compulsory buyout constitutes an attachment to this current report.

Attachments:
Attachment 1
Attachment 2

Signatures of persons representing the Company:
2022-03-25 Marcin Misztal President of the Management Board