The Management Board of Orzeł Biały SA (“The Issuer”, “The Company”) hereby announces that, on 30 December 2016 by virtue of the District Court in Gliwice, 10th Companies Department of the national Court Register, the merger of The Issuer and Ekobat Orzeł Biały sp. z o.o. based in Bytom was entered into the business register of the National Court Register.
The Issuer informed about earlier merger process steps in its current reports nos.: 19/2016 dated 26.09.2016, 23/2016 dated 24.10.2016, 24/2016 dated 28.10.2016, 26/2016 dated 14.11.2016 and 28/2016 dated 1.12.2016.
The merger is a consequence of the extant strategy of Orzeł Biały SA consisting in the focus on the core business. The combination will result in a simplified organizational structure of the Group and optimization of mainly administrative burdens within the Group.
Legal basis: Art. 17 para. 1 MAR – Insider Information.