Nr 42/2015  |  11-05-2015

PGNiG: PGNiG Notes Placed with the Group Subsidiaries

On May 11th 2015, PGNiG issued notes (the “Notes”) under the Short-Term Note Issue Programme dated May 6th 2014 (the “Programme”). The aggregate par value of the Notes is PLN 15,000,000.00 (fifteen million złoty), including:
- 150 Notes with the total value of PLN 15,000,000.00 (fifteen million złoty), maturing on June 11th 2015 and yielding 1.78% per annum, which have been acquired by Geofizyka Toruń S.A. in which PGNiG holds a 100% stake and has the right to 100% of the total vote at the General Meeting.
The par value of one Note is PLN 100,000.00 (one hundred thousand złoty).
All the Notes are denominated in the Polish złoty and have been offered in a private placement exclusively in the territory of Poland.
The Notes are unsecured discount bearer notes in book-entry form, and will be redeemed at par value.
PGNiG has no plans to introduce the Notes to public trading.
The Programme is a tool designed to effectively manage short-term liquidity within the PGNiG Group.
Following the Note issue discussed above, the total par value of notes issued under the Programme and outstanding as at May 11th 2015 is PLN 575,000,000.00 (five hundred seventy five million złoty).