24.09.2002
PKN ORLEN to sell shares of LG Petro Bank
On 23rd September 2002 Polski Koncern Naftowy ORLEN signed an agreement with Nordea Bank Sweden AB (publ) ("Nordea") upon which Nordea wishes to purchase 4,450,708 shares of LG Petro Bank S.A. ("LG Petro Bank") from PKN ORLEN. The purchase of the above stake, which accounts for 19.9 per cent of the initial capital of LG Petro Bank, shall be realised through a public call / summon.
Not later than on 8th January 2003 Nordea shall publicly call for registration for purchase of the LG Petro Bank shares in accordance with the regulations of the Law on Public Trading of Securities. The purchase price set out in public call shall equal PLN 21 per one share of LG Petro Bank.
