Fulfilment of the conditions of the promised agreement to acquire 100 per cent of the shares in Lotos Terminale S.A.

  • Report: 10/2023
  • Date of publication:06.04.2023 / 22:13
  • Pdf report

With reference to current reports no. 2/2022 of 12 January 2022 (conclusion of the Preliminary Agreement) and no. 4/2023 of 3 February 2023 (conclusion of the Final Agreement), the Management Board of UNIMOT S.A., with its registered office in Zawadzkie (the “Issuer”), announces that on 6 April 2023, its subsidiary, UNIMOT Investments sp. z o.o. (“UNIMOT Investments”) provided information on the fulfilment of all agreed conditions enabling the conclusion of the agreement on the transfer of 100% of shares in Lotos Terminale S.A. held by PKN ORLEN S.A. to UNIMOT Investments.

Therefore, in accordance with the contractual provisions, the Parties will conclude the agreement for the transfer of these shares on 7 April 2023.

The Issuer will inform about the signing of the aforementioned agreement transferring the ownership of shares and its effects in a separate current report.

The Issuer considered the above information as confidential, taking into account the value of the Transaction, as well as the impact of the Transaction on the financial, property and economic situation of the Issuer and its Capital Group, which the Issuer informed about in the earlier mentioned current reports.

Legal basis:

Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR Regulation)

Persons representing the Company:

Filip Kuropatwa, Vice-President of the Management Board