Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") hereby informs that the PKN ORLEN Supervisory Board, at the meeting held on 26 April 2017, gave consent for issue by PKN ORLEN of bonds within the second retail bond issue programme.
The bond issue programme assumes the issue of several bond series up to the total amount of PLN 1 bn during 12 months. The bonds will be offered in a public offering. PKN ORLEN plans to introduce the bonds to trading on the Catalyst regulated market. The parameters of each issue will be determined based on the current market environment and the Company's needs.
The public offering within the second retail bond issue programme requires the prior approval of the prospectus relating to this offer by the Polish Financial Supervision Authority.