News

The Management Board of Zespół Elektrowni Pątnów-Adamów-Konin S.A. (“ZE PAK SA”), with its registered office in Konin, announces its intention to merge ZE PAK SA (“the Acquiring Company”) with PAK-VOLT S.A. with its registered office in Warsaw (00-835), at ul. Pańska 77/79, entered into the Register of Entrepreneurs kept by the District Court for the Capital City of Warsaw in Warsaw, 12th Commercial Division of the National Court Register, under the National Court Register [KRS] No. 0000021500 (“PAK-VOLT”, “the Acquired Company”).  The merger of both companies will take place pursuant to Article 492 § 1 point 1 of the Code of Commercial Companies (merger by acquisition), by transferring all assets of PAK-VOLT to ZE PAK SA (“Merger”). As a result of the Merger, PAK VOLT will be dissolved without liquidation. In relation to the fact that ZE PAK SA, as the Acquiring Company, holds all the shares of PAK-VOLT, as the Acquired Company, the Merger will be conducted pursuant to Article 515 § 1 of the Code of Commercial Companies and 516 § 6 of the Code of Commercial Companies, i.e. without increasing the Acquiring Company’s share capital and without the exchange of shares of PAK VOLT, as the Acquired Company, to shares in the ZE PAK SA share capital, as the Acquiring Company.  Along with this announcement, in accordance with the provision of Article 500 § of the Code of Commercial Companies, from 26 February 2019, ZE PAK SA has made the Merger Plan with annexes available to the public, free of charge, on the ZE PAK SA website: www.zepak.com.pl , in the NEWS tab, to the end of the General Meeting of ZE PAK SA adopting a resolution on the merger of companies.