Current Report No.: 33/2016
Current Report No.: 33/2016
Date of preparation: 28.10.2016
Short name of issuer: Enea S.A.
Subject: Signing of a Letter of Intent relating to the preliminary interest in the financial participation in Katowicki Holding Węglowy S.A.
Legal basis: Article 17 item 1 of MAR - confidential information
Content of report:
The Management Board of Enea S.A. ("Company") informs that on 28 October 2016 the Company and Węglokoks S.A. and Towarzystwo Finansowe Silesia Sp. z o.o. ("Investors") signed a Letter of Intent expressing the preliminary interest in the financial participation in Katowicki Holding Węglowy S.A. seated in Katowice ("KHW") or in KHW's assets.
Investors' participation in KHW depends on the satisfaction of numerous conditions related to e.g. presentation of an acceptable business plan and financial model and obtaining the required corporate consents.
The Investors' final decisions as regards the participation in KHW will be made e.g. after the analysis of the due-diligence performed and after the determination of the final shape of all the other arrangements.