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Current reports

Disclosure of confidential information delayed on the negotiations being held

Nr 40/2013
Data i godzina: 2013/12/13, 00:00
Kategoria: Others

The Executive Board of Apator S.A. ("Issuer") acting based on art. 57 para. 3 with regard to art. 56 para 1 point 1 of the act dated 29th July 2005 on public bid and conditions of the introduction of financial instruments to organized trading venue and public companies  (Dz.U. No 184, item. 1539 with amendments) ("Act") announces the confidential information below which disclosure was delayed till 31st December 2013 based on art. 57 para 1 of the Act related to the Regulation of the Minister of Finance  § 2 para 1 point 1 of the Regulation of Minister of Finance dated 13th April 2006 on kind of information that can infringe proper interest of the Issuer and the  the proceeding of the Issuer due to the  announcement of  confidential information with delay, (Dz.U. No 67, item 476):

- the Issuer has been carrying on the negotiations since the moment of the essential conditions of transaction were suggested by  the Issuer on the 7th October 2013, aiming at the purchase of shares of the company dealing with production of the software and automatic systems in the scope of transfer and distribution of electrical energy

- completion of the negotiations  will depend on due  diligence  that  will satisfy the Issuer and the establishment  of final conditions of transaction by both Parties,
The Issuer announces that the above mentioned negotiations are still being held and about their results it will announce  in separate current report.
The content of the report no 2/2013 below, submitted on 7th October 2013 to the Polish Financial Supervision Authority concerning the confidential information delayed:

The Executive Board of Apator S.A. ("Issuer") acting based on art. 57 para. 3 with regard to art. 56 para 1 point 1 of the act dated 29th July 2005 on public bid and conditions of the introduction of financial instruments  to organized trading venue and public companies (Dz.U. No 184, item. 1539 with amendments) ("Act") announces the confidential information below which disclosure was delayed till 31st December 2013 based on art. 57 para 1 of the Act related to the Regulation of the Minister of Finance  § 2 para 1 point 1 of the Regulation of Minister of Finance dated 13th April 2006 on kind of information that can infringe proper interest of the Issuer and the  the proceeding of the Issuer to announce  confidential information with delay, (Dz.U. No 67, item 476) advises about the delay in performance of obligation mentioned in art. 56 para 1 point 1 of the Act referring to confidential information regarding the negotiations being held by the Issuer.


The delay in transmission of the above confidential information is reasonable due to the fact that its current announcement could infringe the proper interest of the Issuer since it could have the negative influence on the course or the result of the negotiations being held.

In opinion of the Issuer the delay in transmission of the above information will not cause the misleading of the public and the confidentiality of the content will be provided as well till the moment of its transmission.

“The content of the above confidential information will be transmitted in the form of current report till 31st December 2013, i.e. assumed date of completion of negotiations by the Company. “

CONTACT ON INVESTOR RELATIONS

Contact for institutional investors and analysts

cc group - Katarzyna Mucha

Mobile +48 697 613 712

katarzyna.mucha@ccgroup.pl

Management and Promotions Director of Apator Group

Jolanta Dombrowska

Mobile +48 56 61 91 228

ri@apator.com

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