Current Report No.: 3/2017

Title: Notice of conclusion of the subscription agreement for shares in Polimex-Mostostal S.A., issued within raising the share capital and of entering into a transaction of purchasing shares in Polimex-Mostostal S.A. from SPV Operator sp. z o.o.
Date: 2017.20.01
Report no.:  Current Report No.: 3/2017

Current Report No.: 3/2017

Date of preparation: 20.01.2017

Short name of issuer: Enea S.A.

Subject: Notice of conclusion of the subscription agreement for shares in Polimex-Mostostal S.A., issued within raising the share capital and of entering into a transaction of purchasing shares in Polimex-Mostostal S.A. from SPV Operator sp. z o.o.

Legal basis: Article 17 item 1 of MAR - confidential information

Content of report:

In relation to the current report No. 2/2017 dated 18 January 2017 the Management Board of Enea S.A. ("Company") informs that on 20 January 2017, in relation to the satisfaction of conditions precedent reserved in the investment agreement concluded on 18 January 2017 ("Investment Agreement"), the Company accepted the offer made by the Management Board of Polimex Mostostal S.A. ("Polimex") to subscribe, in a private subscription, for 37,500,000 T series ordinary bearer shares of the nominal value of PLN 2 each, issued by Polimex at the issue price of PLN 2 per share and for the total issue price of PLN 75,000,000.

The Company additionally informs that performing the agreement concluded with SPV Operator sp. z o.o. ("SPV Operator"), on 20 January 2017, in relation to the satisfaction of conditions precedent reserved in the Investment Agreement, the Company acquired 1,500,000 shares in Polimex from SPV Operator.

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.