No. 25/2005 | 20-04-2005
Unipetrol share purchase agreement condition fulfilled
Polski Koncern Naftowy ORLEN S.A., Central Europe’s largest downstream oil company, announces that on April 20, 2005 it received notification from the European Commission dated 20 April, 2005 regarding approval for the purchase from the National Property Fund of the Czech Republic (“FNM”) 114,224,038 bearer shares in Unipetrol a.s. (“Unipetrol”), representing 62.99% of all bearer, issued and existing, shares in Unipetrol.
This fulfills the last condition regarding PKN ORLEN’s conditional agreement to purchase shares in Unipetrol. (See also regulatory announcement No. 41/2004 of June 4, 2004 regarding the conditional agreement, and No. 79/2004 of October 5, 2004, No. 88/2004 of December 16, 2004 regarding the fulfillment of conditions).