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Enea S.A. M&A Activity 2017

Jan 17, 2017

5597_rns_2017-01-17_023bf182-c5f3-4e33-9727-637ad31bc0a0.html

M&A Activity

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Current Report No.: 1 /2017

Date of preparation: 17.01.2017

Short name of issuer: Enea S.A.

Subject: Decision of the President of the Office of Competition andConsumer Protection on the approval to perform the concentration

Legal basis: Article 17 item 1 of MAR - confidential information

Content of report:

The Management Board of Enea S.A. ("Company"), in relation to thecurrent report of 8 December 2016 No. 42/2016 informs that today it hasreceived the information on the decision of the President of the Officeof Competition and Consumer Protection dated 11 January 2017 on theapproval to perform the concentration, being the acquisition of theshares in the special purpose vehicle, Elektrownia Ostrołęka S.A. seatedin Ostrołęka, for the implementation of the project of preparation,construction and operation of a 1,000 MW bituminous coal fired powerunit.

In relation to the above, the Company informs that the only conditionprecedent from the investment agreement concluded with Energa S.A. andElektrownia Ostrołęka S.A. on 8 December 2016 has been satisfied.