PKN Orlen Acquired Mazeikiu Nafta

abarrelfullabarrelfull wrote on 10 Dec 2012 12:28

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PKN ORLEN became the holder of a total number of 596,834,352 shares of Mazeikiu Nafta with the par value of LTL 1. The Mazeikiu Nafta shares held by PKN ORLEN represent 84.36% of Mazeikiu Nafta’s authorized capital and entitle PKN ORLEN to 596,834,352 votes or 84.36% of the total number of votes at the General Meeting of Shareholders of Mazeikiu Nafta.

The price paid for 379,918,411 Mazeikiu Nafta shares purchased by PKN ORLEN from Yukos International amounted to USD 1,492,000,000. The price paid by PKN ORLEN for 216,915,941 Mazeikiu Nafta shares purchased from the Government of the Republic of Lithuania amounted to USD 851,828,900.31.

Today’s meeting of the Supervisory Council of Mazeikiu Nafta elected Igor Chalupec, Piotr Kownacki and Saulius Specius as new members of the Board of Mazeikiu Nafta.

The meeting of the Board of Mazeikiu Nafta followed the Supervisory Council meeting and elected Igor Chalupec as the Chairman of the Board.

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