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PGE submitted an appeal against the decision of the President of the Office of Competition and Consumer Protection prohibiting concentration of PGE with Energa S.A.

  • No. of the report: 7/2011
  • Report date: 28.01.2011
  • Report legal ground: Art. 56 section 1 p. 1 of Act on Public Offering – confidential information

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. ("PGE") informs that, on January 28, 2011, to the District Court in Warsaw, Court of Competition and Consumer Protection, by the agency of President of the Office of Competition and Consumer Protection, it submitted the appeal against the decision of President of the Office of Competition and Consumer Protection prohibiting concentration of PGE and Energa S.A. (the "Decision").

PGE appeals for the change of the Decision in whole and ruling allowing for the concentration of PGE and Energa S.A., or alternatively for abolition of the Decision.

Legal ground: Art. 56 section 1 point 1 of the Act on public offering, conditions governing the introduction of financial instruments to organised trading, and public companies (Dziennik Ustaw of 2009, no 185 item 1439).

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