No. 18/2020  |  15-04-2020

Change of price in a tender offer to subscribe for the sale of all shares of ENERGA S.A.

PKN ORLEN S.A. (“Company”) informs that on 15 April 2020 the Company’s Management Board decided to increase the price in a tender offer to subscribe for the sale of all shares of ENERGA S.A. with its registered office in Gdansk (“Shares”), announced by the Company on 5 December 2019 (“Tender Offer”) from the level of PLN 7 per one Share to the level of PLN 8,35 per one Share.

 
Current price in the Tender Offer that has been increased will be paid for all shares of ENERGA S.A. subscribed for sale in the whole period of the Tender Offer, i.e. from 31 January 2020 to 22 April 2020.
 
The full text of the announcement regarding the change in price in the Tender Offer is attached hereto regulatory announcement.
 
See also regulatory announcements: no 15/2020 as of 26 March 2020, no 44/2019 as of 5 December 2019 and no 43/2019 as of 5 December 2019.