Pcc Rokita Spolka AkcyjnaGPW: PCR

PCC Rokita Signs LoI With PCC SE For Potential Control Of PCC MCAA

· Issued by Pcc Rokita Spolka Akcyjna

PCC Rokita SA GPW:PCR:

  • SIGNS LETTER OF INTENT WITH PCC SE REGARDING TRANSITION OF MAJORITY OF PCC MCAA SHARES AND 100% OF MCAA SE SHARES TO PCC ROKITA

  • ESTIMATED VALUE OF THE IN-KIND CONTRIBUTION SET AT 289.32 MLN ZLOTYS BASED ON INDEPENDENT VALUATION

  • PLANS TO ISSUE 4,251,619 NEW SHARES IN EXCHANGE FOR THE CONTRIBUTION BASED ON SIX-MONTH VOLUME WEIGHTED AVERAGE SHARE PRICE OF 68.05 ZLOTYS

  • LETTER OF INTENT IS NOT A BINDING COMMITMENT TO CARRY OUT TRANSACTION

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