2/2012: Payment of the third, final instalment of the Price for the acquisition of 100% of shares in MULTAROS Trading Company Limited of Nicosia
In reference to Current Report No. 70/2011 (available at http://www.pbg-sa.pl/relacje-inwestorskie/raporty-biezace.html), the Management Board of PBG S.A. of Wysogotowo
(“the Issuer”) hereby reports that on January 5th 2012 the Issuer paid to ARGUMENOL, a company organised under the laws of Cyprus, having its registered office in Nicosia, the final (third) instalment of the price for 100% of shares in MULTAROS Trading Company Limited, a company organised under the laws of Cyprus, having its registered office in Nicosia (“MULTAROS”), in the amount of PLN 160,000,000 (one hundred and sixty million złoty).
Therefore, under the registered pledge agreement securing the acquisition of shares in MULTAROS by creating a registered pledge over the RAFAKO Shares, the pledge will expire within 5 (five) days from the date on which the 3rd instalment of the Price is credited to ARGUMENOL's bank account, and so ARGUMENOL is obliged to deliver to each of MULTAROS and the Issuer separately a notice stating that ARGUMENOL's claim secured with the registered pledge has been fully satisfied and paid up. Having received such notice, MULTAROS will issue an instruction to release the block on the RAFAKO Shares.
Legal basis:
Art. 56.1.1 of the Public Offering Act – inside information
Pliki:
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