Polish Energy Partners Spółka Akcyjna (‘Company’) hereby informs that on 8th March 2011 the Company received a notification, in accordance with which Generali OFE (‘Generali’) acquired the Company shares, as a result of which as of 4th March 2011 Generali holds 3 165 056 shares of the Company, representing 16.03% of the total number of the Company shares and 16.03% of the total number of votes at the Company General Assembly.
Before the said transaction, resulting in an increase of Generali’s share in the Company by over 2% compared to the value previously notified, Generali held 3 135 056 shares of the Company, representing 15.88% of the Company’s share capital and entitling to 3 135 056 votes at the Company General Assembly, i.e. 15.88% of the total number of votes at the Company General Assembly.
According to the information submitted to the Company, over the next 12 months Generali may acquire or dispose of the Company shares depending on the market conditions and the Company’s financial standing.
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