Brief: KNF Suspends Proceedings Regarding Rematerialisation Of Pamapol's Shares

Foodhub SA

18/10/2018 16:35

Oct 18 (Reuters) - PAMAPOL SA  PMPP.WA :
    * POLAND'S FINANCIAL SUPERVISION AUTHORITY (KNF) SUSPENDS PROCEEDINGS
REGARDING
REMATERIALISATION OF CO'S SHARES
    * KNF TO AWAIT COURT RULING REGARDING ANNULEMENT OF RESOLUTION NO. 5 FROM
THE
COMPANY'S EGM ON AUG 17 ​BEFORE MAKING DECISION
    * PAMAPOL FILED A MOTION TO KNF TO REMATERIALIZE COMPANY'S SHARES AND DELIST
COMPANY FROM WARSAW STOCK EXCHANGE IN SEPT., THE COMPANY SAID IN A SEPARATE
STATEMENT
    * SUBSEQUENTLY, A GROUP OF MINORITY SHAREHOLDERS FILED TO COURT IN LODZ,
POLAND, A
SUIT AGAINST THE COMPANY, THE COMPANY SAID IN A SEPARATE STATEMENT
    * SAID THAT UNTIL THE RULING IS MADE, THE EXECUTION OF THE RESOLUTION ON
REMATERIALISATION OF THE COMPANY'S SHARES HAVE BEEN PUT ON HOLD BY THE COURT

Source text for Eikon:  ID:nEM8nWvfXa 
Further company coverage:  PMPP.WA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))