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14-2017 Orange Polska is taking part in negotiations with Multimedia Polska S.A

Current report (14/2017),

Orange Polska S.A. – Warsaw, Poland

11 July 2017

 

Pursuant to Art. 17 clause 1 of the Regulations (eu) no 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (hereinafter “MAR Regulations”), the Management Board of Orange Polska S.A. (“Orange Polska”, “Company”) hereby informs that it is taking part in negotiations with Multimedia Polska S.A regarding acquiring 100% shares in Multimedia Polska Energia sp. z o.o. Multimedia Polska Energia distributes energy to both individual and business customers. The services are delivered to its customers based on Third Party Access (TPA) to energy infrastructure, which is possible thanks toprogressive liberalization of the energy market in Poland. The negotiations are ongoing and the outcome is uncertain. Purchase of Multimedia Polska Energia Sp. z o.o. by Orange Polska, would fit company’s strategy of enlarging portfolio of services for households.

 


Simultaneously, the Company informs, that during the negations process, pursuant to article 17 clause 4 of MAR Regulation, the Company took decision to delay to the public  disclosure of the above described inside  information. However, taking into consideration the fact, that information about Orange Polska’s participation in the process of acquiring shares in Multimedia Polska Energia Sp. z o.o. appeared today in mass media, the Company decided to publish this information in the form of a current report.

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