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At its meeting on February 9th 2023, the Supervisory Board of Grupa Azoty S.A. appointed Marcin Kowalczyk as Member of the Company's Management Board of the 12th term, with effect from February 10th 2023, serving as Vice President of the Management Board.
On 9th November 2022 analysts of ERSTE SECURITIES recommended SELL on Grupa Azoty S.A. shares, with the target price set at PLN 26.44
In accordance with the key terms and conditions defined for the purchase (the “Term Sheet”), the transaction would be carried out by Grupa Azoty S.A.’s entering into a preliminary conditional share purchase agreement to acquire in the future 100% of shares in Solarfarm’s share capital, followed by the purchase of the shares under a share purchase agreement in the first half of 2024 by Grupa Azoty S.A. or another company of its Group provided that technical conditions are adjusted and building permits for the construction of a power plant are obtained.
On 5th December 2022 analysts of DM BOŚ recommended BUY on Grupa Azoty S.A. shares, with the target price set at PLN 62.00.
On Thursday, November 10, 2022 at 1.00 p.m. there was a chat with Marek Wadowski, Vice President of the Management Board of Grupa Azoty S.A.
In the third quarter of 2022, the Grupa Azoty Group’s financial results were driven primarily by the impacts of Russia’s military aggression against Ukraine and an unprecedented rise in prices of natural gas as the key feedstock used in fertilizer production. These factors led to a temporary curtailment in production on some of the Grupa Azoty Group companies’ units in Tarnów, Puławy and Kędzierzyn-Koźle.