CORDIA International Ingatlanfejleszto Zártköruen Muködo Részvénytársaság made a tender offer to acquire remaining 7.07% stake in Polnord S.A. (WSE:PND) for approximately PLN 24.49 million on December 1, 2020. The price per share offered by CORDIA is PLN 3.55. The subscription period starts on December 21, 2020 and ends on January 20, 2021. CORDIA International Ingatlanfejleszto Zártköruen Muködo Részvénytársaság completed the acquisition of remaining 7.07% stake in Polnord S.A. (WSE:PND) on January 25, 2021. As of February 26, 2021, the increase in the share of the total number of votes in the Company resulted from the acquisition by Cordia of shares in connection with the settlement on February 23, 2021 of the compulsory buyout of the Company's shares, announced by CORDIA in the forced buyout on February 18, 2021. Before the change of shareholding, Cordia held 93,916,449 shares representing 96.28% of the share capital of the Company and 96.28% of the total number of votes in the Company. However, after the change, Cordia holds 97,543,127 shares, representing 100% of the share capital of the Company and 100% of the total number of votes in the Company.