The President of the Board of BRASTER S.A., Marcin Halicki, has announced that on October 29 and 31, 2014 he bought a total of 58,072 shares of the company for PLN 420,000. As a result of the transaction, Marcin Halicki now holds shares representing 1.93% of the share capital of BRASTER S.A. In the regular session in the NewConnect market on October 29 this year the President of the Board of BRASTER bought 10,072 shares of the company, and in the block trade carried out on October 31, 2014 he bought another 48,000 shares. At the same time President Halicki let it be known that he did not exclude further financial commitment to the company.
“It is natural for the President or Members of the Board to buy shares of a company they manage. By doing this I am sending a clear message to the market: I believe in this company and I believe in its continued dynamic development. I believe BRASTER is presently undervalued, but I expect this will change. At the moment, together with a committed team, we are intensely working on the modification of BRASTER’s strategy, which I would like to present to the Supervisory Board and the market by the end of this year,” commented Marcin Halicki, the President of the Board of BRASTER S.A.
Marcin Halicki bought 48,000 shares of BRASTER S.A. from the Vice-President of the Board, Dr. Henryk Jaremek, who for personal reasons sold the shares through block trade on a one-off basis. As a result of this transaction, Dr. Jaremek and his wife now hold a total of 151,720 shares of the company, representing 5.05% of the share capital of the company. According to his declaration, Dr. Henryk Jaremek has no plans to further reduce his ownership.
“The sale of the block of shares is connected solely to my personal situation. I believe in the future of the company and therefore I do not plan subsequent similar transactions. From the point of view of investors, a transaction whereby my shares are purchased by the President of the Board adds credibility to the company’s potential,” – said Henryk Jaremek.
Furthermore, Konrad Kowalczuk, the proxy and Financial Director of the company, has announced that on October 31, 2014 in the regular session he bought 899 shares of the company and now holds 1,269 shares in total, which represent 0.04% of the company’s share capital. According to his declaration, Konrad Kowalczuk did not exclude a further increase of his financial commitment to the company.