E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT. - Announcement

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 11 / 2017

Data sporządzenia: 2017-02-21

Skrócona nazwa emitenta

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT.

Temat

Announcement

Podstawa prawna

Treść raportu:

ENEFI Energy Efficiency Plc. (the “Company”) hereby notifies its reputable Investors that the National Bank of Hungary has called the Company on the phone in relation with the agenda of the following general meeting of the Company to be held on 27/02/2017 instead of 16/02/2017 due to the absence of a quorum. The Board of Directors of the Company discussed and answered the questions forthwith in writing. Considering that the official inquiry related to the general meeting may be of interest to the shareholders, the Company hereby publicly announces its standpoint. The Board of Directors informed the National Bank of Hungary that it shall not be able and shall not intend to cancel the following item and proposals for resolutions from the agenda of the following general meeting of the Company. Agenda item 2: Sale of 100% business share of E-Star CDR srl and the claims of the corporate group against E-Star CDR srl for at least the total amount of HUF two billion five hundred million and a conclusion of an out of court agreement with the Municipality of Gheorgheni for at least the amount of HUF two billion five hundred million. Resolution Proposals: 1: The general meeting shall decide that it authorises the Board of Directors of the Company to commence and conduct negotiations with potential emptors in the subject of the sale of 100% business share of E-Star CDR srl operating the last Romanian project of the corporate group and the claims of the corporate group against E-Star CDR srl. The future sale price to the emptor shall not be less than the total amount of HUF two billion five hundred million (business share and claims). The general meeting shall approve in advance now for the potential sale of the business share of E-Star CDR Kft. and its claims against E-Star CDR Kft., however it shall not support any purchase price below HUF two billion five hundred million, therefore it shall prohibit the Board of Directors of the Company to sell the 100% business share of E-Star CDR srl and the claims of the corporate group against E-Star CDR srl below HUF two billion five hundred million. After making the present decision, the approval for the amount of HUF two billion five hundred million shall be increased by 20% compound interest annually. 2: The general meeting shall decide to authorise the Board of Directors of the Company that E-Star CDR srl operating the last Romanian project of the corporate group shall conduct negotiations with the Municipality of Gheorgheni in order to reach an out of court agreement and in case of a potential agreement and the payment of HUF two billion five hundred million consideration undertaken by the Municipality, it shall rescind from future lawsuits, however it shall not support any out of court agreement below HUF two billion five hundred million therefore it shall prohibit the Board of Directors of the Company to conclude any agreement on E-Star CDR srl As it is known from the previous announcement of the Company, the above item on the agenda and proposals for resolutions were submitted as proposals of shareholders. Considering the above, the Board of Directors does not see any reason for not presenting them to the general meeting for discussion. The Company requested written information from the National Bank of Hungary how the above economic and corporate law issue has come into the focus of investigation of the National Bank of Hungary.

Załączniki

Plik Opis

MESSAGE (ENGLISH VERSION)

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT.

(pełna nazwa emitenta)

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT. Usługi inne (uin)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

1122 Budapeszt

(kod pocztowy) (miejscowość)

Szekacs 29

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

(e-mail) (www)

13719069-2-43 na

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2017-02-21 Csaba Soós Member of the Board of Directors