Current reports

Current reports

Current reports

Current report no. 4/2016

Talks with the banks financing the modernization of units 1-4 according to the schedule


Legal basis:

Art. 56 section 1 point 2 of the Public Offering Act - Current and periodic information


Contents of the report:

In connection with current report no 8/2014 as of 13 March 2014 informing about concluding credit agreement in amount of 1 200 m zł („Agreement”) between Zespół Elektrowni Pątnów-Adamów-Konin S.A. („Company”) and consortium of banks in composition of: mBank S.A., Bank Gospodarstwa Krajowego, Bank Millennium S.A., Bank Polska Kasa Opieki S.A. oraz Powszechna Kasa Oszczędności Bank Polski S.A. („Lenders”), and current report no 33/2015 as of 8 December 2015 informing about arrangements made with Lenders concerning Agreement, the Company informs that Company conducts talks with Lenders in line with the schedule aiming at sustaining financial ability to modernise units 3 and 4 in Elektrownia Pątnów I, but the modernisation will take place under the condition of system solutions , which ensure economic profitability of the investment.


Legal basis: § 5. 1 item 3 of the Finance Minister’s Regulation of 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.


Signatures of persons representing the company:

Aleksander Grad - President of the Management Board

Tomasz Zadroga - Vice President of the Management Board