Current report no : 61/2014
Report date : 8/5/2014
Abbreviated name : Ciech SA
Subject : Results of the offer of redemption of all debentures denominated in Euro, submitted by the Ciech Group Financing AB (publ).
Legal basis : : Art. 56 section 1 point 1 of the Act on Offering - confidential information
Report :
With reference to current report no. 52/2014, The Management Board of Ciech S.A. ("the Company"), acting pursuant to Art. 56 section 1 point 1 of the Act of 29 July 2005 on Public Offering and Conditions of Introduction of Financial Instruments in an Organized Trading System and on Public Companies, (i) with reference to the agreement of 28 November 2012 ("the Indenture") specifying the terms and conditions of issue of secured debentures denominated in Euro, with a maturity date in 2019 ("Foreign Debentures"), which were issued by Ciech Group Financing AB (publ), a special purpose company, being a 100% subsidiary of the Company on 28 November 2012 ("the Issuer of Foreign Debentures") (the Company announced the issue of the Foreign Debentures in current report no. 60/2012) and (ii) with reference to the acquisition on 9 June 2014 by KI Chemistry S.à R.L., with a registered office in Luxembourg of 26,952,052 shares in the share capital of the Company, which constitutes 51.14% of the share capital of the Company, as announced by the Company in current report no. 27/2014 of 9 June 2014 ("the Acquisition of Shares")
hereby announces that, in consequence of submission (pursuant to the Indenture with reference to the Acquisition of Shares) on 9 July 2014 by the Issuer of Foreign Debentures of an offer of redemption of all Foreign Debentures for a price per one Foreign Debenture amounting to 101% of the face value of the Foreign Debenture (i.e. 101,000.00 Euro), increased by accrued but unpaid interest ("the Offer of Redemption of Foreign Debentures"), the holders of Foreign Debentures did not express their interest in the exercise of the Offer of Redemption of Foreign Debentures.
Signatures of the Company’s Representatives : Dariusz Krawczyk – President of the Management Board
