The Management Board of TESGAS S.A. inform that on August, 13th 2010 Tesgas S.A. (“The Issuer”), Mr Piotr Ćwiertnia and LABOCUS Ltd., the company with its registered seat in Cyprus, Mykinon,12, Flat/Office 22, P.C. 1065 Nicosia, Cyprus, registered in Cyprus under the number HE 266690 (“Labocus”) concluded a contract of purchase of shares (“The Definite Contract”). The Definite Contract is a result of the preliminary contract, concluded on May, 11th 2010 (“The Investment Contract”), which details were reported by the current report number 8/2010 dated on May, 12 2010. Upon the Definite Contract The Issuer purchased from Labocus 640 of shares in the company Przedsiębiorstwo Inżynierskie Ćwiertnia Spółka z ograniczoną odpowiedzialnością („The Company”)with its registered seat in Poznań (ul. Ziębicka 35, 60-164 Poznań), registered in the Register of Entrepreneurs of the National Court Register maintained by the District Court of Poznań – Nowe Miasto i Wilda in Poznań, VIII Commercial Department of the National Court Register, under number 242877. The nominal value of each share is 500 PLN, the total value of all purchased shares is 320.000 PLN, which is 80% of share capital of The Company and gives 80% of votes on the Shareholders’ Meeting. The purchase price was 30.000.000,00 PLN.
2010-08-13
Moreover, The Management Board of TESGAS S.A. inform that on August, 13th 2010 The Issuer (“The Pledgee”) and Labocus (“The Pledger”) concluded a contract of pledge on 160 shares of The Company. The contract of pledge on shares was concluded in order to secure the receiveables resulting from The Investment Contract. The nominal value of each share is 500 PLN, the total value of all pledged shares is 80.000 PLN, which is 20% of share capital of The Company.
