In the annex, the parties specified that the agreement's duration would be 12 months from its effective date; simultaneously, the period was suspended until the completion of the court proceedings concerning the Company's appeal against a decision of the President of UOKiK prohibiting the merger of PGE with Energa SA.

***

On 29 September 2010 PGE Polska Grupa Energetyczna SA and the State Treasury entered into an agreement providing for PGE's acquisition of 4,183,285,468 shares, or 84.19% of the share capital, in Energa SA. The transaction price was agreed at PLN 7 529 913 842.40.

The completion of the transaction requires PGE's acquiring a relevant acquisition permit.

gkpge_biuroPrasowe_site