Current report no : 31/2012
Report date : 8/28/2012
Abbreviated name : Ciech SA
Subject : Change of the method of merging Ciech SA with subsidiaries: Soda Mątwy SA and Janikosoda SA
Legal basis : Article 56 section 5 of the Act onthe Offering – update of information
Report :
The Management Board of Ciech SA, with reference to current report no. 61/2012 of August 30th, 2011 on making a decision on the intention to merge Ciech SA with subsidiaries: Inowrocławskie Zakłady Chemiczne SODA MĄTWY SA (Soda Mątwy SA) with its registered office in Inowrocław, 88-101, ul. Fabryczna 4, and Janikowskie Zakłady Sodowe JANIKOSODA SA (Janiksoda SA) with its registered office in Janikowo 88-160, ul. Przemysłowa 30, reports on adopting a resolution on approving division plans and reports substantiating the divisions as well as withdrawing from the merger of Ciech SA with Soda Mątwy SA and Janikosoda SA according to the merger plans adopted on August 29th, 2011. The division will be performed within the terms of Article 529 § 1 item 4 of the Code of Commercial Companies through transferring part of the assets of Janiksoda and part of the assets of Soda Mątwy (divided companies) to Ciech (acquiring company) in the form of an organised part of the enterprise – the Soda Branch (division by spin-off). A decision to change the merging method was made by the Management Board of Ciech as more detailed analyses of methods of merging the companies: JANIKOSODA SA and SODA MĄTWY SA with CIECH SA pointed to the possibility of applying a better merger method from the point of view of the companies involved than the ones stipulated in the previously adopted Merger Plan. The merger model adopted by the Management Board of Ciech SA will be realised after the approval of the Supervisory Board and adoption by the General Meeting of Shareholders.
Signatures of the Company's representatives : Andrzej Kopeć – Member of the Management Board
Signatures of the Company’s Representatives : Artur Osuchowski – Member of the Management Board
