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PEP — Polenergia SA News Story

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Brief: Polenergia Shareholders Reject Tender Offer Price Of 59.10 Zloty Per Share

BRIEF-Polenergia Shareholders Reject Tender Offer Price Of 59.10 Zloty Per Share

- Polenergia SA PEPP.WA:

  • REPORTED ON MONDAY THAT MAJOR SHAREHOLDERS ALLIANZ AND NATIONALE-NEDERLANDEN ISSUED JOINT STATEMENT CONCERNING JULY 10 TENDER OFFER

  • SHAREHOLDERS SAY PROPOSED PRICE OF 59.10 ZLOTY PER SHARE IN JULY 10 TENDER OFFER DOES NOT REFLECT THE FAIR VALUE OF THE COMPANY

  • SHAREHOLDERS CITED ITS STRONG BALANCE SHEET AND ITS WIND AND SOLAR PROJECTS IN REJECTING TENDER OFFER, SUPPORTING A HIGHER VALUATION


Source text:nEM6QtslMa
Further company coverage:PEPP.WA


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