Current Report No.: 11/2017
Current Report No.: 11/2017
Date of preparation: 15.03.2017
Short name of issuer: Enea S.A.
Subject: Changes in the negotiation process relating to the assets acquisition from EDF
Legal basis: Article 17 item 1 of MAR - confidential information
Content of report:
The Management Board of Enea S.A. ("Company"), in relation to the current report No. 5/2017 of 27 January 2017 relating to the commencement of negotiations, together with partners, with EDF International SAS and EDF Investment II B.V. ("EDF") as regards the acquisition of EDF's assets in Poland ("Transaction") informs that on 15 March 2017 the Company, PGE S.A., Energa S.A. and PGNiG Termika S.A. ("Business Partners") amended the structure of the Transaction in the following way:
- withdrawal of PGNiG Termika S.A. from the Transaction;
- takeover of the so far declared share of PGNiG Termika S.A. in the Transaction by PGE S.A., which results in the growth in PGE S.A.'s share in the Transaction to 60%,
- maintaining the shares of Enea S.A. and Energa S.A. in the Transaction on the same level of 20% for each of the Companies.
The aforementioned amendments in the Transaction structure require confirmation of filing no objections by EDF. At the same time, the Management Board of Enea S.A. informs that the Company and Business Partners have notified EDF of the above mentioned amendments.