Current Report No.: 11/2023

Notification on the conclusion of an agreement by Shareholders of CIECH S.A.

Current Report No.: 11/2023

Date of preparation: 22.03.2023

Abbreviated name of the Issuer: CIECH S.A.

Legal basis: Article 17.1 of the MAR – confidential information.

Subject: Shareholders' statement on share price


Text of the Report:

With reference to the current report no. 6/2023 of March 9, 2023, the Management Board of Ciech S.A. with its registered office in Warsaw (the "Company" or the "Issuer"), hereby informs, that it has received from shareholders:

  1. Drugi Allianz Polska Otwarty Fundusz Emerytalny,
  2. Otwarty Fundusz Emerytalny PZU „Złota Jesień”,
  3. Aegon Otwarty Fundusz Emerytalny,
  4. Generali Otwarty Fundusz Emerytalny S.A.,
  5. NNLife Otwarty Fundusz Emerytalny S.A.,
  6. Nationale-Nederlanden Otwarty Fundusz Emerytalny

    (“Shareholders”), a statement according to which, in the opinion of the Shareholders, the price proposed in the tender offer for the sale of the Company shares dated March 9, 2023 does not reflect the fair value of the Company shares.

The Company attaches the content of the statement. 

Legal basis: Article 17.1 of Regulation of the European Parliament and of the Council (EU) No. 596/2014 on Market Abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC – Official Journal of the European Union of 2014, L 173, p. 1, as amended).


Signatures of the Company’s representatives:

Dawid Jakubowicz – President of the Management Board

Kamil Majczak - Member of the Management Board

.PDF Shareholders Statement

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