78/2012: Notice from the court supervisor to immediately undertake actions under Art. 134 of the Bankruptcy and Recovery Law in order to effect a return transfer of shares in Energomontaż Południe S.A
The Management Board of PBG S.A. in company voluntary arrangement ("Company", "PBG") reports that it has received a letter dated July 16th 2012 from the court supervisor assigned to the Company, stating that the sale by the Company of 46,021,520 shares in Energomontaż Południe S.A. to RAFAKO S.A. transacted on December 20th 2011: "as a legal transaction for consideration entered into by the Company in Arrangement (PBG) in the six months before filing for bankruptcy (June 4th 2012) with a related company, which additionally was a subsidiary of the Company in Arrangement (PBG), is ineffective as regards PBG's bankruptcy estate" pursuant to Art. 128.2 of the Bankruptcy and Recovery Law (the "Letter"). The court supervisor has called upon PBG to immediately undertake actions under Art. 134 of the Bankruptcy and Recovery Law in order to effect a return transfer of 46,021,520 shares in Energomontaż Południe S.A. to the Company's account.
The Management Board of PBG S.A. announced the sale of shares in Energomontaż Południe S.A. in Current Report No. 77/2011 of December 21st 2011.
Legal basis:
Art. 56.1.1 of the Public Offering Act – inside information
Pliki:
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