Propozycja.

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The reverse split procedure may lead to shortages.

Shortages, or the so-called minority stakes, exist when the number of shares held by the shareholder, in accordance with the agreed exchange ratio, does not form one share of the new nominal value after the reverse split. In other words, the reverse split of LUG shares will create the shortages when the number of shares held by the shareholder does not equal 25 or its multiple.

When the reverse split of LUG shares results in the creation of the so-called minority stakes, the shareholder will receive one share of the new nominal value in exchange for shares representing minority stakes, at the expense of the rights held by the Brokerage House AmerBrokers S.A. This is possible under the agreement signed by LUG S.A. and DM AmerBrokers S.A., which was announced in the relevant current report.

The number of shares to be provided by DM AmerBrokers is somewhat limited, therefore, in order to minimize the risk of failure of the reverse split procedure, all Shareholders are requested to adjust their numbers of shares in their securities accounts, to the number of 25 shares or its multiple, before the Reference Date.

http://www.luglightfactory.com/en/Investor_Relations/Shares/...