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The Allocation of D Series Shares in Zakłady Azotowe w Tarnowie-Mościcach S.A.

The Management Board of Zakłady Azotowe w Tarnowie-Mościcach S.A. (Azoty Tarnów) allocated among the shareholders of Zakłady Azotowe „Puławy” (ZA Puławy) 35,080,040 of D series shares.

The Management Board of Zakłady Azotowe w Tarnowie-Mościcach S.A. allocated among the shareholders of Zakłady Azotowe „Puławy” (ZA Puławy) 35,080,040 of D series shares without using the reduction, which means that the investors were given the number of shares equal with the number of shares they subscribed for. As a result of the offer fulfillment concerning new D series shares, Azoty Tarnów capital will increase by 175,400,200 PLN.
 
“The reaction of ZA Puławy shareholders is very satisfactory for us as it is tantamount with their trust in the success of our strategy concerning the formation of the competitive chemical and fertilizer group” – says Jerzy Marciniak, the Chairman of the Board. 

In accordance with the information included in the Prospect of the company (as well as in the annexes and the updated announcements) the Management Board of Azoty Tarnów decided on the allocation of the offered shares as well as on the acquisition of ZA Puławy shares, concluded so as to cover the offered shares pursuant to the article 7, 2nd Council Regulation (EC) No 139/2004 of 20th January 2004 on the control of concentrations between undertakings, before gaining the agreement of the European Commission to the concentration. The company expects the agreement of the European Commission to appear until 18th January 2013. 
 

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