PKP CARGO’s information on the position of its subsidiary AWT in connection with OKD’s declaration of insolvency – update
Legal basis (selected in ESPI):
Article 17 Section 1 of MAR – confidential information
With reference to Current Report No. 27/2016 of 5 May 2016, Current Report No. 48/2016 of 12 August 2016, Current Report No. 8/2017 of 11 April 2017 and Current Report No. 24/2017 of 24 August 2017, the Management Board of PKP CARGO S.A. (“Company”, “Issuer”) hereby reports that on 12 October 2017 it obtained information from its subsidiary Advanced World Transport a.s. (“AWT”) that on 11 October 2017 the Regional Court in Ostrava, Czech Republic, accepted the restructuring plan (“Plan”) of OKD a.s. (“OKD”, a company established under Czech law, a business partner of the Issuer’s subsidiaries AWT and AWT Rekultivace a.s.).
Legal basis:
Article 17 Section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council on Market Abuse