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Current Report No. 29/2017 of 25 October 2017 (h. 12:32) – Purchase of the remaining shares in Advanced World Transport B.V.

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 egal basis (selected in ESPI):

Article 17 Section 1 of MAR – confidential information

 

The Management Board of PKP CARGO S.A. (“Company”), in reference to Current Report Nos. 26/2017 and 27/2017, hereby reports that on 25 October 2017 it received a summons from Minezit SE (“MSE”) to participate in the execution of a notarial deed before a Dutch notary on 2 November 2017 in Amsterdam in order to pay the put option price for 15,000 shares representing the remaining 20% of all shares in the share capital of Advanced World Transport B.V. with its registered office in Amsterdam, in the amount of EUR 27,000,000 (twenty-seven million euros).

The original date of payment has been changed in accordance with the parties’ mutual arrangement.

Accordingly, the Company will hold a 100% stake in the share capital of the acquired company.

Advanced World Transport B.V. and its subsidiaries (“AWT Group”) are among the largest service enterprises in the rail freight transport industry in Europe. The AWT Group renders its services in the Czech Republic, Slovakia, Slovenia, Hungary, Poland, Germany, Romania, Bulgaria and Croatia. Its business involves predominantly the provision of comprehensive services to large industrial establishments and is focused mainly on the transportation of heavy and bulky merchandise, including coal, steel and automotive parts

 

 

 

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