81/2007: Acquisition of material assets
The Board of Directors of PBG SA hereby informs that on 9th August 2007 it concluded an agreement with a natural person, under which PBG SA acquired shares of Przedsiębiorstwo Robót Inżynieryjno-Drogowych S.A. that constitute 55.84% of the share capital and grant 55.84% in the total amount of votes.
Under the agreement, PBG S.A. has become the holder of 13,959 shares of PRID SA of total nominal value of PLN 279,180. PBG SA acquired the shares for the total amount of PLN 16,479,000, i.e. PLN 500 for each share, and the amount of PLN 9,500,000 as bonus for the acquisition of the controlling interest.
Przedsiębiorstwo Robót Inżynieryjno Drogowych S.A. in Nowy Tomy?l is a contractor of road construction, bridge construction and engineering works, including earth works, sewage systems, culverts, all types of base courses, soil stabilisation and both bituminous and cement surface works. The company owns a Bituminous Mass Works with a research laboratory.
PBG SA does not plan to change the profile of PRID SA business, either it does not rule out further investments in Company shares. The acquisition of shares has been financed with PBG SA own resources.
The assets have been considered material based on the total shareholders'' equity criterion of the Acquired Company;
Legal basis:
§ 5 item.1 point 1 of the Regulation of 19th October 2005 on current and interim information provided by issuers of securities.
Signature of the authorised person:
Magdalena Eckert-Boruta
Pliki:
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