Agreement with PGG for hard coal supplies

36/2018

20.11.2018 18:28

Art. 17 sect. 1 of MAR – inside information.

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) discloses that on November 20, 2018 PGE has signed the agreement for supplies of hard coal (the “Agreement”) with Polska Grupa Górnicza S.A.

Under the Agreement, the parties estimated the volume of hard coal supplies for PGE Górnictwo i Energetyka Konwencjonalna S.A., ZEW KOGENERACJA S.A. and PGE Energia Ciepła S.A. for years 2019-2022. Value of hard coal supplies for years 2019-2022 is estimated at PLN 5.25 billion.

Signatures of persons representing the company

Date Name Position and function
2018-11-20 19:28:04 Henryk Baranowski President of the Management Board
2018-11-20 19:28:04 Emil Wojtowicz Vice-President of the Management Board