Current report No. 3/2020

Belongs to:

  • Reports

Date: 28 January 2020

Subject: Position of the Management Board of Energa SA regarding the call to subscribe to the sale of the Company’s shares announced on 5 December 2019 by POLSKI KONCERN NAFTOWY ORLEN S.A.

Legal basis: Article 80 of the Act on Offerings - management board's position regarding the call

The Management Board of Energa SA with its registered office in Gdańsk (the “Company”) informs that on 28 January 2020 it adopted, pursuant to Article 80 of the Act of 29 July 2005 on Public Offering and the Terms of Introduction of Financial Instruments to an Organized Trading System and on Listed Companies, a position regarding a call to subscribe to the sale of shares in the Company announced by POLSKI KONCERN NAFTOWY ORLEN S.A. on 5 December 2019 (the “Call”).

The Management Board's position regarding the Call, together with the fairness opinion of Deloitte Advisory spółka z ograniczoną odpowiedzialnością spółka komandytowa on the financial terms of the Call, is enclosed hereto.

Appendices:

  1. Position of the Management Board regarding the Call.
  2. Deloitte’s Fairness Opinion regarding the financial terms of the Call.

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