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Current Report No. 07/2010

16.06.2010 00:00

Registration of Company’s share consolidation and amendments to the Company’s Articles of Association

TAURON Polska Energia S.A. (”Company”) informs that on 15 June 2010 it received the decision of District Court, Katowice-Wschód 7th Economic Department of the National Court Register (“Decision”) dated 14 June 2010 concerning registration of amendments specified in Resolution No. 4 of Extraordinary Shareholders Meeting of TAURON Polska Energia S.A. passed on 26 April 2010 concerning Company’s share consolidation and amendments to the Articles of Association.

Pursuant to the said Resolution the new par value of a Company’s share is PLN 9 (PLN nine) instead of the previous par value of PLN 1 (PLN one) per share. In accordance with the Prospectus of the Company, the share consolidation should be completed by 25 June 2010, i.e. shares with a par value of PLN 9 each should be registered in the National Depository for Securities.

In consequence of the above, the overall number of the Company’s shares changes from 14,304,948,858 (fourteen billion three hundred four million nine hundred forty eight thousand eight hundred fifty eight) to 1,589,438,762 (one billion five hundred eighty nine million four hundred thirty eight thousand seven hundred sixty two).

The Company’s share capital remains unchanged and amounts to PLN 14,304,948,858.00 (fourteen billion three hundred four million nine hundred forty eight thousand eight hundred fifty eight) and is divided into 1,589,438,762 (one billion five hundred eighty nine million four hundred thirty eight thousand seven hundred sixty two) Series AA ordinary bearer shares with a par value of PLN 9 (PLN nine) each, entitling to 1,589,438,762 (one billion five hundred eighty nine million four hundred thirty eight thousand seven hundred sixty two) votes at the General Meeting.

Moreover, the Company informs that under the Decision, amendments were introduced to the Company’s Articles of Association. Amended was § 7 of the Articles of Association. The old and the amended wording of § 7 of the Articles of Association are enclosed herewith.


Article 56 section 1 item 2 of the Act on Public Offering – current and periodic information. § 5 section 1 item 9 and § 38 section 1 item 2 of the Decree of the Minister of Finance of 19 February 2009 on current and periodic information disclosed by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.

Attachments

2010-06-15 Attachment.pdf

 
 

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