Grupa Kęty with Long Term Incentive Plan?

ING OFE represented by ING Powszechne Towarzystwo Emerytalne, a shareholder of Grupa Kęty has made a proposal to run the Long Term Incentive Plan (LTIP) in Grupa Kęty. The program will be targeted at the members of the board and high ranked managers of the company and the company's subsidiaries. They would be able to acquire bonds with preemptive rights to acquire the company's newly emitted shares under the framework of a conditional seed capital increase."The maximum number of shares offered in the program may not exceed 180,000 shares, representing 1.92% of the seed capital of the company at the date of the resolution. The program will be divided into three equal tranches, each amounting to one-third of the total number of shares offered in the program and the corresponding number of bonds," a statement read.