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ATT — Grupa Azoty SA News Story

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Brief: Grupa Azoty Convenes EGM To Uphold State Treasury Share Issue Plan

BRIEF-Grupa Azoty Convenes EGM To Uphold State Treasury Share Issue Plan

- Grupa Azoty SA ATTP.WA:

  • SAID ON WEDNESDAY THAT MANAGEMENT BOARD HAD RESOLVED TO CONTINUE PROCESS OF SHARE CAPITAL INCREASE VIA SERIES E SHARE ISSUANCE TARGETED AT THE STATE TREASURY SHAREHOLDER AS STRATEGIC INVESTOR

  • CONVENES EGM SCHEDULED FOR SEPTEMBER 22 TO VOTE ON SHARE ISSUE RESOLUTION

  • DETAILS OF CAPITAL INCREASE REMAIN UNCHANGED FROM MARCH RESOLUTION

  • CAPITAL INCREASE OF UP TO 168.6 MLN ZLOTYS VIA ISSUE OF UP TO 33.7 MLN E SERIES SHARES OFFERED IN PRIVATE SUBSCRIPTION TO STATE TREASURY

  • "THE SHARE ISSUANCE IS PART OF A BROADER PLAN TO REBUILD THE FINANCIAL STABILITY OF GRUPA AZOTY" - DEPUTY CEO JACEK PODGORSKI SAID IN A STATEMENT

  • "THE NECESSITY TO ADOPT ANOTHER RESOLUTION STEMS DIRECTLY FROM THE TIMEFRAMES SPECIFIED IN LEGAL REGULATIONS" - DEPUTY CEO JACEK PODGORSKI SAID IN A STATEMENT


Source text for Workspace: nEM80L1Zra nEM6Z6yTNa
Further company coverage: ATTP.WA


(Gdansk Newsroom)

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