Receipt of the notification regarding the satisfaction of the second condition precedent specified in the agreement on the purchase of 80% of the shares in Advanced World Transport B.V. by PKP CARGO S.A.
Legal basis (selected in the ESPI): Article 56 section 1.2 of the Act on Public Offerings – current and periodic information
With reference to the current report No. 72/2014 dated 31 December 2014 and the current report No. 8/2015 dated 10 February 2015, the Management Board of PKP CARGO S.A. (the “Company”) hereby announces that on 16 March 2015 the Company received a notification from Zdeněk Bakala and The Bakala Trust regarding the satisfaction of the second condition precedent specified in the agreement on the acquisition by the Company of 60,000 shares in the share capital of Advanced World Transport B.V. with its registered office in Amsterdam (“AWT”), representing 80% of all the shares in the share capital of AWT and entitling their holder to exercise 80% of the overall number of votes at the meeting of the shareholders of AWT (the “Transaction”). The satisfaction of the condition precedent involved certain AWT Group companies obtaining confirmation from certain banks and other financial institutions financing the operations of the AWT Group that the Transaction does not breach the agreements executed with those institutions.
Legal basis: §5 section 1 item 4) and §10 of the Regulation of the Minister of Finance of 19 February 2009 regarding current and interim reports published by issuers of securities and the terms and conditions of deeming as equivalent the information required under the applicable law of any non-member state (Journal of Laws of 2014, item 133).