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07/09/2015 19:50

Current report 35/2015

The Management Board of Polenergia S.A. (‘Company’) hereby announces that on 7 September 2015 the Company was notified that the total value of transactions in terms of wholesale electricity trading between the Company’s subsidiary – Polenergia Obrót S.A. (‘Polenergia Obrót’) and the companies of ČEZ a.s. Group (‘CEZ Group’), generated from 31 December 2014 , i.e. the day of publication of the last current report (no. 32/2014 POL), regarding the value of transactions between Polenergia Obrót and CEZ Group, was net PLN 143 755 594,21. This amount includes both the income of Polenergia Obrót, pursuant to the sale of electricity to the CEZ (net PLN 28 206 196,63), and the costs of Polenergia Obrót arising from the purchase of electricity from CEZ (net PLN 115 549 397,57).

Therefore, the total net of turnover between Polenergia Obrót and CEZ exceeded, in the mentioned above period, 10% of the Company’s equities.

The value of transactions between Polenergia Obrót and CEZ Group were generated under the framework agreement concluded on 20 August 2009 between Polenergia Obrót and CEZ, the description of which is contained in the mentioned above current report dated 31 December 2014, no. 32/2014 POL.

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