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Lubelski Węgiel
Lubelski Węgiel Bogdanka S.A.

Tender offer for shares of LW Bogdanka S.A., announced by ENEA S.A.

Tuesday, 2015-09-22

Bogdanka, 18 September 2015

 



TENDER OFFER FOR SHARES OF LW BOGDANKA S.A., ANNOUNCED BY ENEA S.A.

STATEMENT BY ZBIGNIEW STOPA, CEO OF  LW BOGDANKA S.A.

The Management Board of LW Bogdanka S.A., together with an advisor employed for this purpose, is currently analyzing the conditions of the tender offer announced by ENEA S.A. The Management Board of LW Bogdanka S.A. will present its position on the announced tender offer within the deadline provided by the Act, with an opinion on the price of shares in the tender offer, prepared by an independent entity (i.e. a fairness opinion).

 

For further information please contact:

Magda Kołodziejczyk, M+G
phone: +48 22 416 01 02, 501 16 88 07
e-mail: magda.kolodziejczyk@mplusg.com.pl  
 



LW BOGDANKA – HIGHLIGHTS

Lubelski Węgiel Bogdanka S.A. is the most modern and one of the largest hard coal mines in Poland.
In 2014, production of Bogdanka’s commercial coal amounted to 9.19 million tonnes.

LW BOGDANKA conducts primarily mining operations with respect to extraction, agglomeration and sale of hard coal.
First and foremost, the BOGDANKA coal mine supplies industrial customers based in eastern and north-eastern Poland. Customer market is stable and sales are conducted mostly on the basis of long-term agreements. The major directions of sale of commercial coal from LW BOGDANKA are commercial and industrial power sectors.  

The Company stands out in the industry with regard to its financial results, efficiency of hard coal extraction and investment plans. The LW Bogdanka Group employs approx. 5,600 staff..


For further information visit: www.bogdanka.eu
 

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