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Updated information on submitting of an initial non-binding offer for acquisition of shares in Fortum Group’s assets

  • No. of the report: 37/2021
  • Report date: 21.12.2021 18:04
  • Report legal ground: Art. 17 sect. 1 of MAR – inside information.

Contents of the report

With reference to current report no. 30/2020 dated October 27, 2020 and current report 33/2020 dated November 16, 2020, the Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”, the “Company”) discloses that today PGE has received a statement of Polskie Górnictwo Naftowe i Gazownictwo S.A. (PGNiG) on withdrawal from participation in acquisition of Polish assets of Fortum Group and from co-operation with PGE conducted for the purposes of the transaction process.

The Management Board of PGE informs that the Company is still interested in acquiring Polish assets of Fortum Group, particularly district heating network in Wrocław, and will analyse possibility of further participation in the sale process.

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