Energochemica enters the Prague Stock Exchnage
(Prague) Today ENERGOCHEMICA SE officially announced its intention to enter the Prague Stock Exchange (PSE). ENERGOCHEMICA SE wants to focus on acquisitions of key energy and chemical industry companies in the territory of the Czech and Slovak Republics.
The prospectus of shares prepared for the purpose of listing of the shares on the PSE free
market was approved by the Czech National Bank on 27.6. 2012. In total 1,500,000 listed shares will
be traded with the nominal value of each share being CZK 2,532 (EUR 100). The share trading will
start on the PSE free market on Monday [2.7. 2012].
"For ENERGOCHEMICA SE the stock exchange entry is very important. The company intends to become a modern, dynamically growing energy and chemical holding and to attract the interest of capital-strong partners in a transparent way by means of the Prague Stock Exchange. The company intends to invest in acquisitions in the energy and chemical industry in region of Central and Eastern Europe. Approximately ten projects have been presently identified that could become part of the holding. However, due to the early stage of negotiations, it is not possible to provide any more detailed information on these investments. Business agreements could be finalized within six months", explained Helena Tomková who is in charge of ENERGOCHEMICA SE’s external communication. "In total the holding could provide more than two thousand jobs", added Helena Tomková.
"Prague Stock Exchange will soon welcome the second free trade technical listing. Following OCEL HOLDING SE, ENERGOCHEMICA SE has also decided to take the same step. Although with technical listing the issuer doesn’t acquire any new capital on the entry, they open a possibility of doing so flexibly in the future. Due to their commitment to provide information to the capital market the issuer becomes a transparent partner. This is one of the advantages of so called technical listing," says Jiří Opletal Deputy CEO and Director of Trading and Listing Department of Prague Stock Exchange.
ENERGOCHEMICA SE was established on December 23, 2011 with its registered office in Prague. Its registered capital amounts to CZK 3.798 bil. (EUR 150 mil.) It is a European Company type of holding. The advantage is its better comprehensibility for international partners and investors. The company is governed by the EU community law, laws of the Czech Republic and is audited by ECOVIS blf s.r.o. The company aims to become one of the major chemical groups in the region of Central and Eastern Europe. That is the reason why it plans, in short period of time to carry out acquisitions of approximately ten companies, especially in Czech and Slovak Republic.
This release does not represent any offer or call to purchase any securities of ENERGOCHEMICA SE. The issuer ENERGOCHEMICA SE does not plan to offer its shares publicly in the Czech Republic or abroad and it has neither authorized nor planned to authorize any trader or any other person to publicly offer its shares. The prospectus of shares of ENERGOCHEMICA SE prepared for the purpose of listing of the shares on the free PSE market is available on the web site www.energochemica.eu and it is also accessible in the registered office of the company at its address, Praha, Vinohrady, Moravská 1687/34, zip code 120 00.http://www.energochemica.eu/ If requested, the company shall send an investor a hard copy of the Listing Prospectus free of charge.
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