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

About this update from 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 ROKITAESTIMATED VALUE OF THE IN-KIND CONTRIBUTION SET AT 289.32 MLN ZLOTYS BASED ON INDEPENDENT VALUATIONPLANS TO ISSUE 4,251,619 NEW SHARES IN EXCHANGE FOR THE CONTRIBUTION BASED ON SIX-MONTH VOLUME WEIGHTED AVERAGE SHARE PRICE OF 68.05 ZLOTYSLETTER OF INTENT IS NOT A BINDING COMMITMENT TO CARRY OUT TRANSACTIONSource text:Further company coverage:

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