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SILVANO (SFG): Changes in Substantial Shareholdings

Raport bieżący nr 9/2012
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Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne

On September 14, 2012 ING Towarzystwo Funduszy Inwestycyjnych S.A. (ING TFI), acting on behalf of its managed funds, notified the management board of Silvano Fashion Group (SFG) of the decrease of its votes in SFG to 4.87%.

The reason for the change in the total number of votes at the general meeting of shareholders of SFG was the sale of shares of the company on September 12, 2012.

Prior to the change of share amount, investment funds managed by ING TFI held together 1,978,063 shares of SFG, representing 5.01% of the share capital of the company and the votes entitled to vote at the general meeting.

As of September 14, 2012, investment funds managed by ING TFI have a total of 1,923,407 shares of SFG which represents 4.87% of the share capital of the company and the votes entitled to vote at the general meeting.

The announcement is composed in accordance with Estonian Securities Market Act, Article 185, and in accordance with Article 69, Sec. 1, Item 2 in connection with Art. 87 Sec. 1 Item 2 Point a) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments into Organised Trading, and Public Companies of Poland.

Märt Meerits

Member of the management board

Silvano Fashion Group

info@silvanofashion.com

00 372 6845 000
Märt Meerits - member of the management board

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