Current Report No. 43/2020
Belongs to:
- Reports
Date: 20 May 2020
Subject: Information from the Minister of State Assets on the sale of all Energa SA shares
Legal basis: Art. 70 item 1 of the Act on Offerings - purchase or sale of a considerable equity stake
The Management Board of Energa SA (”Company") informs that on 20 May 2020 it received a notification from the Minister of State Assets, submitted pursuant to Article 69 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies, according to which:
1) The State Treasury represented by the Minister of State Assets, as a result of a response to the tender offer announced by PKN ORLEN S.A. on 5 December 2019 to subscribe for the sale of all shares issued by Energa SA as well as the settlement of the purchase of shares covered by subscriptions, on 30 April 2020 it sold all possessed shares of Energa SA;
2) Prior to the sale the State Treasury held 68,398,317 ordinary bearer shares and 144,928,000 preferred registered shares, i.e. a total of 213,326,317 shares representing 51.52% of the share capital and 358,254,317 votes at the General Meeting of the Company representing 64.09% of votes in the total number of votes;
3) Currently the State Treasury holds 0 shares representing 0% of the share capital and 0 votes at the General Meeting of the Company representing 0% of votes in the total number of votes.