Current Report no. 23/2018
With reference to current report 21/2018 and 22/2018 dated 5 November 2018 the Management Board of Bank Millennium S.A. hereby discloses to the public the investors' presentation related to the acquisition of Euro Bank S.A. appended hereto.
Current Report no. 22/2018
In light of the end of negotiations concerning the purchase of shares in Euro Bank S.A. and the signing of an appropriate agreement with SG Financial Services Holdings, of which Bank Millennium S.A. ("Bank Millennium") informed in the current report no. 21/2018 acting pursuant to Art. 17 sec. 1, 4 and 7 and Art. 7 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L of 2014, No. 173, p. 1, as amended, hereinafter "MAR"), the Management Board of Bank Millennium provides the following inside information on the decision of the intention to purchase shares in Euro Bank S.A. and begin negotiating the potential purchase of shares in Euro Bank S.A.
Current Report no. 21/2018
Acting pursuant to Article 17 sec. 1 of Regulation (EU) No. 596/2014 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 Directives 2003/124/EC, 2003/125/EC and 2004/72/EC ("MAR"), the Management Board of Bank Millennium S.A. ("Bank Millennium") hereby informs that negotiations to purchase shares representing approx. 99.787% of the share capital of Euro Bank S.A. ("Euro Bank") (the "Shares") from SG Financial Services Holdings (the "Seller"; Bank Millennium and the Seller are referred to jointly as the "Parties"), the Seller being a wholly-owned subsidiary of Société Générale S.A. ("SG") have ended and on 5 November 2018 Bank Millennium entered into a share purchase agreement with the Seller to purchase the Shares (the "SPA").
Current Report no. 20/2018
The Management Board of Bank Millennium S.A. ("Bank") informs that on 26 October 2018 the Bank’s Supervisory Board, in keeping with art. 66 sect. 4 of the Act of 29 September 1994 on Accounting and § 17 sect. 2 item 4 of the Bank’s Articles of Association and pursuant to the Audit Committee’s recommendation, selected Deloitte Audyt Sp. z o.o. Sp. k. (Deloitte) of Warsaw, al. Jana Pawła II 22, as the auditing company, which shall examine (including statutory audit) of the Bank’s financial statement and the consolidated financial statement of the Bank’s Capital Group for 2019 - 2020 as well as other reports on periods during these years, based on relevant contractual arrangements.
Current Report no. 19/2018
The Management Board of Bank Millennium S.A. ("the Bank"), hereby reports that received from the PFSA a requirement to maintain own funds for the coverage of additional capital requirement at the level of 6,41 p.p. over the value of Total capital ratio (TCR) defined in Regulation of the European Parliament and the Council No 575/2013 dated on 26.06.2013. (CRR) in order to secure the risk resulting from retail FX mortgage loan portfolio, which should consist of at least 75% of Tier I capital (which corresponds to 4,81 p.p.)., and should consist of at least 56% of core Tier I capital (which corresponds to 3,59 p.p.). Until now, the Bank was required to maintain a 5,53 p.p. additional capital to secure this risk.
Current Report no. 18/2018
Current Report no. 17/2018
Current Report No. 16/2018
The Management Board of Bank Millennium S.A. („the Bank”) hereby informs that the consolidated quarterly report of 3rd quarter 2018, with disclosure date set earlier for 29th October 2018 (Current report no. 36/2017 of 21st of December 2017), will be published on 25th October 2018.
Current Report No. 15/2018
The Management Board of Bank Millennium S.A. (“Bank”) hereby informs that, in accordance to the current report of the Bank no. 37/2016 dated 10 October 2016, the Bank has received an information from the statement of the Polish Financial Supervision Authority (“PFSA”) dated 31 July 2018 presented on the website of PFSA that after the review conducted by PFSA pursuant to art. 46 par.1 of the Act on macro-prudential supervision over the financial system and crisis management in the financial system, after consulting the Financial Stability Committee, PFSA unanimously rescinded the decision on identification of the Bank as other systemically important institution and on imposing on the Bank a buffer of other systemically important institution.
Current Report No. 14/2018
In execution of the Decision of the Polish Securities and Exchange Commission (at present the Polish Financial Supervision Authority), of 3.01.2001, amended with decisions dated 22.05.2001 and 13.01.2004, on granting approval to transfer outside the regulated market 87,594 common bearer shares of Bank Millennium S.A. ("Bank"), obliging the Bank to disclose by announcement in the form of current reports, two times a year i.e. by 31.01 and 31.07, the terms and conditions of the transaction to swap shares of the former BIG BANK S.A. (previously: Łódzki Bank Rozwoju S.A.) into shares of the Bank (previously: BIG Bank GDAŃSKI S.A.), in connection with the merger of both banks on 5.01.2001, in the half of the year preceding the announcement, The Management Board of the Bank informs that during the period from 1.01.2018 to 30.06.2018 no transfer of Bank's bearers shares took place outside the regulated market onto the shareholders of the former BIG BANK S.A., in exchange for shares of the former BIG BANK S.A.