The Management Board of TOYA S.A. enclosed to this report, publishes the content of the offer to purchase shares whose terms were set by the Management Board on September 4, 2017, which constitutes execution of the Resolution no. 19 of the Ordinary General Shareholders Meeting of TOYA S.A. with its registered office in Wrocław dated June 29, 2017 regarding the granting of authorisation to TOYA S.A.'s Management Board for purchasing own shares for remission. At the same time, the Management Board of TOYA S.A. informs that the Supervisory Board of TOYA S.A. agreed to the conditions included in the attached offer to purchase shares on September 4, 2017.
Legal basis:
Art. 1 Regulation (EC) No 596/20014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market abuse Regulation) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003 / 124 / EC, 2003/125 / EC and 2004/72 / EC (Journal of Laws of the EU, L., 2014, No. 173, page 1, as amended).
Grzegorz Pinkosz
President of the Management Board
Attachement 42_2017
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TOYA SA published this content on 04 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 September 2017 08:33:08 UTC.
Original documenthttp://yato.com/raporty-biezace/oferta-zakupu-akcji-toya-s-a/?lang=en
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Toya SA is a Poland-based producer and distributor of hand and power tools. The Company's products include, spanners, sockets, torque wrenches, screwdrivers, pliers, electrician tools, hammers, chisels, cutting tools, pneumatic tools, garden tools, clamps, health and safety articles, measuring tools, hydraulic and construction tools, fastening tools, impact drills, rotary hammers, cordless tools, grinders, polishers, jig saws, circular saws, submersible pumps, electric pressure washers, soldering guns, paint and mortar mixers, faucets, shower handles, bathroom scales, toilet seats, and wide range of modern design bathroom accessories. Its portfolio comprises such brands as: YATO, FALA, FLO, POWER UP, STHOR, VOREL and LUND. On July 16, 2014, the Company raised its stake in Yato Tools (Szanghaj) Co Ltd to 100%.