PBG decides to sell nearly 5% of RAFAKO shares
PBG decides to sell nearly 5% of RAFAKO shares
On August 7th 2012, PBG sold 4.99% of RAFAKO shares in after-hours block trades. The shares, sold at a market price, were acquired by financial investors. The transactions enabled PBG to raise funds necessary to continue its operating activities. Considering the current situation, the transactions were indispensable.
“We still wish for RAFAKO to stay in the PBG Group with PBG as its majority shareholder. The transactions was necessary to ensure continuity of the Company's operations. We are not expecting to be selling any more shares in the near future,” said Wiesław Różacki, President of PBG's Management Board.
*The PBG Group provides specialist construction services in the area of gas/oil production and fuel facilities, as well as general contractor services in the power, infrastructural, industrial, road and housing construction segments.
Contact person:
Kinga Banaszak-Filipiak
Press Officer, IR Director
+48 691 470 491
kinga.banaszak@pbg-sa.pl