Last updated on: 2019-08-09

News

26.02.2019

The first notification of shareholders of Zespół Elektrowni Pątnów-Adamów-Konin S.A. on the intention to merge with the PAK-VOLT SA company

The Management Board of Zespół Elektrowni Pątnów-Adamów-Konin SA (“ZE PAK SA”, “the Acquiring Company”) with its registered office in Konin, acting pursuant to the regulation of Article 504 of the Code of commercial companies (“CCC”) in relation to Article 516 § 6 of the Code of Commercial Companies, notifies the shareholders for the first time about the intention to merge ZE PAK SA with the PAK VOLT S.A. company 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 (“the Acquired Company”). The merger is conducted on the basis of the regulation of Article 492 §1 point 1 of the Code of Commercial Companies and Article 516 §6 of the Code of Commercial Companies, through the acquisition of the Acquired Company by the Acquiring Company, i.e. by transferring all assets of the Acquired Company to the Acquiring Company.

The merger will take place under the conditions specified in the Merger Plan which together with the annexes is available from the day of 26 February 2019 - to the day on which the General Meeting of ZE PAK SA will be held, the agenda of which provides for adoption of a resolution on the merger – on the Acquiring Company’s website at:www.zepak.com.pl. The announcement of the Merger Plan with the annexes in the Court and Economic Monitor was not necessary, pursuant to Article 500 §21 of CCC.

At the same time, ZE PAK SA informs that in the period from 26 February 2019 to the day preceding the General Meeting of ZE PAK SA, the agenda of which will provide for the adoption of the resolution, the shareholders will be able to read on the Acquiring Company’s website:www.zepak.com.pl, in the NEWS tab, and in its registered office in Konin, at ul. Kazimierska 45, from 9:00 a.m. to 5:00 p.m. each working day, the documents referred to in Article 505 §1 of the Code of Commercial Companies, i.e. with:

1) Merger Plan and

a. Draft resolution of the General Meeting of ZE PAK SA – the Acquiring Company on the merger (Annex No. 1 to the Merger Plan);

b. Draft resolution of the General Meeting of PAK-VOLT SA – the Acquired Company on the merger (Annex No. 2 to the Merger Plan);

c. Statement on the accounting situation of PAK-VOLT SA – the Acquired Company, drawn up for the purposes of the merger as of 31 January 2019 (Annex No. 3 to the Merger Plan);

d. Determination of the value of assets of PAK-VOLT SA – the Acquired Company as of 31 January 2019 (Annex No. 4 to the Merger Plan);

2) Financial statements and reports of the Management Boards of the merging companies

related to activities for the last three financial years with the statutory auditor’s opinion and report;