No. 201/2016 | 26-07-2016
Termination of talks regarding potential possibilities of chemical and fertilizers sector consolidation
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") hereby informs about termination of talks conducted on the base of Non-disclosure Agreement concluded in January 2015 (“Agreement”) between the State Treasury, Grupa Azoty S.A., PKN ORLEN and Anwil S.A. regarding potential possibilities of chemical and fertilizers sector consolidation. Therefore PKN ORLEN submitted a termination of the Agreement.
PKN ORLEN delayed the disclosure of the above information in January 2015 as the immediate disclosure was likely to negatively influence on the course or result of the conducted negotiations.