27/2015: Decision by Judge Commissioner concerning further proceedings of the Meeting of Creditors
The Management Board of PBG S.A. w upadłości układowej (in company voluntary arrangement) announces that on the first day of voting at the Meeting of Creditors, the Judge Commissioner decided to adjourn the Meeting of Creditors until 10.00 am on August 25th 2015. The decision was related to the adoption of written ballot as an admissible form of voting, enabling Creditors to vote by the written procedure by the end of August 5th 2015, including in particular by means of a letter containing a voting card, posted at a public operator’s post office. In view of the above, an appropriate period of time is needed to count all votes cast, and to determine the final voting results by the Judge Commissioner.
The Management Board explains that today’s Decision of the Judge Commissioner is of organisational nature, which means that the Creditors will continue voting, as planned, on August 4th and 5th 2015; on August 25th 2015, the Judge Commissioner will announce results of the vote.