PKN ORLEN submitted to the Chairman of the Polish Office of Competition and Consumer Protection a notification for initiate proceedings regarding concentration in connection with the planned taking control over PGNiG S.A. by PKN ORLEN S.A.

PKN ORLEN S.A. hereby informs that on 10 May 2021 it submitted to the Chairman of the Polish Office of Competition and Consumer Protection a notification for initiate proceedings regarding concentration (“notification”) in connection with the planned taking control over Polskie Górnictwo Naftowe i Gazownictwo S.A. („PGNiG S.A.”) by PKN ORLEN S.A. (“Transaction”).

Notification, submitted today by the Company, initiates the formal proceedings regarding control of concentration.

Notification includes, apart from the description of the parties and Transaction assumptions, description of parties activity on the certain markets and presents arguments on the influence of the Transaction on the competition on that markets.

See also regulatory announcements: no 44/2020 dated 14 July 2020,  no 45/2020 dated 14 July 2020 and no 46/2020 dated 23 July 2020.