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Current Report No.: 34/2015

Title: Announcement of the tender offer for the shares of Lubelski Węgiel "Bogdanka" S.A.
Date: 2015.14.09
Report no.:  Current Report No.: 34/2015

Current Report No.: 34/2015

Date of preparation: 14.09.2015

Short name of issuer: Enea S.A.

Subject: Announcement of the tender offer for the shares of Lubelski Węgiel "Bogdanka" S.A.

Legal basis: Article 56 item 1(1) of the Act on Offerings - confidential information

Content of report:

The Management Board of Enea S.A. ("Issuer") informs that on 14 September 2015, via Dom Maklerski Banku Handlowego S.A., it supplied to the Polish Financial Supervision Authority, Warsaw Stock Exchange and Polish Press Agency, pursuant to the requirements of the Act of 29 July 2005 on public offering and conditions of introducing financial instruments to an organised trading system and on public companies ("Act on Offering") and regulation of the Minister of Finance of 19 October 2005 on the templates of exchange or tender offers of shares of a public company, detailed method of their announcement and conditions of acquiring shares as a result of these tender offers, the content of the tender offer for 21,962,189 (say: twenty one million nine hundred and sixty two thousand one hundred and eighty nine) shares of Lubelski Węgiel "Bogdanka" S.A. seated in Bogdanka ("LWB") entitling to 64.57% of the total number of votes at a general meeting of LWB ("Tender Offer").

The tender offer was made pursuant to Article 73 item 1 of the Act on Offering.

As a result of the tender offer the Issuer intends to obtain up to 66% of shares in LWB.

The inviting party intends to acquire the shares in the Tender Offer only if at the end of the subscription period the subscriptions filed will cover such a number of shares in LWB, which together with the shares in LWB held currently by Enea Wytwarzanie sp. z o.o. (the Issuer's subsidiary), will allow to obtain not less than 50%+1 of the total number of votes at a general meeting of LWB.

The share price in the Tender Offer was set at PLN 67.39 (say: sixty seven zlotys 39/100) per one share.

The Issuer foresees that subscriptions will be collected from 2 October 2015 to 16 October 2015.

The Tender Offer was announced under the condition of the Issuer's obtaining the approval of the President of the Office for Competition and Consumer Protection for taking over the control over LWB.

Attachments

Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.