Current Report 

Drafted on:

05.09.2014

Current report No

78/2014

Abbreviated issuer’s name

mBank

Contents: 

The Management Board of mBank S.A. announces that Dom Maklerski mBanku S.A. ("MDM"), subsidiary of mBank S.A., on the 4th and the 5th of September 2014 sold 1640 D series bonds with preemptive right issued by mBank S.A. as part of the incentive programme for key staff of mBank S.A. Group implemented on the basis of Resolution No. 2 and No. 3 of the Extraordinary General Meeting of mBank S.A. of 27 October 2008 ("Programme").

1640 D series bonds with preemptive right issued by mBank S.A. under the Programme had been acquired earlier by MDM due to allocation of the bonds to MDM as a trustee.

The aforementioned bonds were alienated by MDM to eligible persons in order to grant them the pre-emptive right to take up ordinary bearer shares of mBank S.A. which will be issued under the Programme.

The average sale price of a single bond was PLN 0.01.

At the same time, on the 4th and the 5th of September 2014, mBank S.A. redeemed the aforementioned bonds from the eligible persons within the framework of the Programme in the total amount of 1640.

Provisions of Resolution No. 3 of the Extraordinary General Meeting of mBank S.A. of 27 October 2008 formed the basis for the redemption of the aforementioned bonds from the eligible persons as part of the Programme.

The bonds were redeemed at a price of PLN 0.01 per bond, and the bonds were redeemed by mBank S.A. for the purpose of their cancellation.

On 4 and 5 September 2014, mBank S.A. redeemed all the 1640 bonds under the Programme.

Deputy Director of the Compliance Department

Maciej Mołdawa 05.09.2014