On 28.02.2018 ELEKTROTIM S.A. received the Decision of the District Court regarding the merger of ELEKTROTIM S.A. with MAWILUX S.A.
ELEKTROTIM S.A., in relation to Current Report No. 3/2018 of 30.01.2018, informs that on 28.02.2018 it received the Decision of the District Court for Wrocław-Fabryczna in Wrocław, 6th Commercial Department of the National Court Register regarding the entry in the Register of Entrepreneurs of the merger of ELEKTROTIM S.A. (as the Acquiring Company) with MAWILUX S.A. having its seat in ul. Grudzi 23, 05-090 Łady (as the Acquired Company).
In accordance to the Decision: the merger shall be carried out pursuant to Article 492, section 1, subsection 1, in relation to Article 516, section 6 of the Code of Commercial Companies by transferring all the assets of the Acquired Company onto the Acquiring Company. Due to the fact that the Acquiring Company holds shares constituting 100% of the share capital of the Acquired Company, the merger shall be carried out without increasing of the share capital of the Acquiring Company, and the Partners of the Acquired Company shall not receive shares in the Acquiring Company.
Grounds for the merger: Resolution of the Extraordinary General Meeting of Shareholders of ELEKTROTIM S.A. of 30 January 2018 and the Resolution of the Extraordinary General Meeting of Shareholders of MAWILUX S.A. of 30 January 2018.