Brief: Grupa Azoty Zaklady Chemiczne Police Signs Investment Deal With Polish State Treasury

Grupa Azoty Zaklady Chemiczne Police SA

06/12/2019 10:15

Dec 5 (Reuters) - Grupa Azoty Zaklady Chemiczne Police SA
 PCE.WA :
    * SAID ON THURSDAY THAT IT HAS SIGNED INVESTMENT DEAL WITH
POLISH
STATE TREASURY WITH REGARD TO PUBLIC ISSUE OF SERIES C SHARES
WITH PRE-EMPTIVE RIGHTS  
    * UNDER INVESTMENT DEAL THE STATE TREASURY WILL ACQUIRE 5.5
MILLION SERIES C SHARES FOR 56.2 MILLION ZLOTYS
    * THE COMPANY HAS COMMITTED TO THE STATE TREASURY THAT IT
WILL
ALLOCATE ALL THE FUNDS TO THE IMPLEMENTATION OF ITS UNIT'S GRUPA
AZOTY POLYOLEFINS INVESTMENT - PROJEKT POLIMERY POLICE
    * THE INVESTMENT DEAL OBLIGES THE COMPANY TO FULFILL THE
COMMITMENT AND PROVIDE DOCUMENTATION TO THE TREASURY BY DEC 19
PROVING THAT FINANCING FOR THE INVESTMENT HAS BEEN SECURED 
   

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM34wb4na
    
 Further company coverage:  PCE.WA  
   


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