Suspension by the Polish Financial Supervision Authority of the administrative procedure on the authorization to withdraw Energa SA shares from trading on the regulated market

Belongs to:

  • Current reports
Title: Suspension by the Polish Financial Supervision Authority of the administrative procedure on the authorization to withdraw Energa SA shares from trading on the regulated market
Date: 2021.20.01
Report no.:  Current Report No. 2/2021

Current Report No. 2/2021

Date: 20 January 2021

Subject: Suspension by the Polish Financial Supervision Authority of the administrative procedure on the authorization to withdraw Energa SA shares from trading on the regulated market

Legal basis: Article 17 (1) of MAR - inside information

With reference to the current report No. 74/2020 of 30 October 2020 the Management Board of Energa SA ("Company") informs, that it received the decision of the Polish Financial Supervision Authority ("KNF") of 15 January 2021 on the suspension of the administrative proceedings on the authorization to withdraw 269 139 114 shares of the Company from trading on the regulated market. The grounds of the above-mentioned suspension are lawsuits about which the Company informed in current reports No. 80/2020 of 9 December 2020 and 82/2020 of 16 December 2020.

In the justification of the decision, the KNF provided Art. 97 § 1 point 4 of the Code of Civil Procedure as the legal basis for the suspension of the proceedings, and indicated that the consideration of the case and the issuing of a decision depends on the prior decision of a preliminary issue by the court.

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