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Coal Energy S.A. M&A Activity 2023
5567_iss_2023-12-19_133b30ad-8461-46a3-bdd6-569b0396fd63.pdf
M&A Activity
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Acquisition of an asset
Current report no. 9/2023 Dated 19 December 2023
Board of Directors of Coal Energy S.A. ("Company") informs about acquisition of an asset.
According to new Development strategy for 2023-2026 the Company has acquired a new asset - LLC UKRMINERAL TRADING, Ukrainian based company, created to obtain licenses for mining of mineral resources in Ukraine.
The cost of transaction is 50 000 UAH (equivalent to 1 237 Euros at the NBU rate).