Current Report No.: 36/2022
The Management Board of Boryszew S.A. with registered office in Warsaw (Company, Issuer) advises that on 11 July 2022 a decision was made on the merger of Boryszew S.A. based in Warsaw with its 100% subsidiary Hutmen Spółka z o.o. based in Wrocław (Acquired Company).
The merger will be affected under art. 492 § 1 point 1 of the Commercial Companies Code by transferring all the assets of the above mentioned subsidiary to Boryszew S.A.
The Issuer wishes to remind that the Acquired Company terminated its operations at the end of 2021, and thus, in the Issuer’s opinion, the merger process in the aforementioned manner will be, from a cost and organisational point of view, the optimum solution to formally terminate the operation of the Acquired Company and put its assets in order.
The Issuer will announce further significant stages of the merger in the form of relevant reports.
Legal attitude: Article 17 section 1 MAR – Confidential information.
Signatures:
Wojciech Kowalczyk – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.