Brief: Grupa Azoty Will Hold 30.52% Direct Stake In GA Polyolefins

Grupa Azoty Zaklady Chemiczne Police SA

17/11/2020 07:57

Nov 17(Reuters) - Grupa Azoty SA  ATTP.WA :
    * SAID ON MONDAY GA POLYOLEFINS HAS RESOLVED TO INCREASE
SHARE
CAPITAL  urn:newsml:reuters.com:*:nFWN2I21G0
    * AS RESULT COMPANY WILL DIRECTLY HOLD 30.52% STAKE IN GA
POLYOLEFINS, GA POLICE WILL HOLD 34.41%, GRUPA LOTOS WILL HOLD
17.3%, HYUNDAI ENGINEERING CO WILL HOLD 16.63% AND KOREA
OVERSEAS INFRASTRUCTURE & URBAN DEVELOPMENT CORP (KIND) WILL
HOLD 1.14%
    * CONTRIBUTIONS TO GA POLYOLEFINS UNDER NEW ISSUE ARE $73.0
MILLION FROM HYUNDAI ENGINEERING, $5.0 MILLION FROM KIND, 300.0
MILLION ZLOTYS FROM GRUPA LOTOS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM216xFwa 
    
 Further company coverage:  ATTP.WA  
   


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