Current report no : 71/2014
Report date : 11/17/2014
Abbreviated name : Ciech SA
Subject : An increase in the rating of the Standard & Poor’s Ratings Services agency for CIECH S.A.
Legal basis : Art. 56 section 1 point 2 of the Act on Offering – current and periodic information
Report :
The Management Board of CIECH S.A. ("the Issuer", "the Company") hereby announces that on 17 November 2014, the Standard & Poor’s Ratings Services rating agency announced publication of a report, where, in view of the quality of the results achieved by the Company and an increase in EBITDA, it raised the rating awarded at the request of the Company from "B" to "B+", with a stable prospect.
The Issuer announced the granting of the rating in current report no. 52/2012, dated 16 November 2012. The Issuer announced the sustaining of the rating in current report no. 27/2013 of 27 June 2013 and in report no. 13/2014 of 14 May 2014.
Legal basis: § 5 section 1 point 26) of the of the Regulation of the Minister of Finance of 19 February 2009 regarding current and periodic information delivered by issuers of securities and on conditions of recognition of information required under non-member state law regulations as equivalent.
Signatures of the Company’s Representatives : Dariusz Krawczyk – President of the Management Board
