E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT. - Settlement agreement

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 140 / 2013

Data sporządzenia:

Skrócona nazwa emitenta

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT.

Temat

Settlement agreement

Podstawa prawna

Treść raportu:

E-Star Alternative Energy Plc. (“Company") informs its reputable investors in connection with implementation of the settlement agreement as set out below: The Company informs its reputable investors that crucial requirements for the settlement of creditors’ claims under the settlement agreement are:  the transfer of E-Star 2012/A corporate bonds (ISIN: HU0000348081) RFV 2014/A corporate bonds (ISIN: HU0000346432), E-Star 2015/A corporate bonds (ISIN: HU0000347802) and E-Star 2016/C corporate bonds (ISIN: HU0000347794) (E-Star Bonds) affected by the settlement agreement to the Company and providing the Company with the transfer inventory (which includes at least the name and address of the creditor and the amount of the transferred corporate bonds in series to series base) by the security providers (clause 2.9.4 of the settlement agreement).  providing the security account details necessary for crediting of shares (clause 2.9.3. of the settlement agreement). Transfer of Corporate Bonds: The Company will not be able to transfer the shares to the creditor without the exquisite transfer of corporate bonds affected by the settlement agreement to the Company until the deadline (clause 2.9.5. of the settlement agreement). On the Company’s demand and in line with its announcements KELER makes available for the transfer of E-Star Bonds to the Company’s 0558/121416 account the period between 08 11 2013 and 14 11 2013. The Company will not complete share transfers in connection with bond transfers received after the final deadline (14 11 2013) in this round. The Company calls the attention of its creditors that the creditors with claims arising out of corporate bonds undertook the obligation in the settlement agreement to act in front of their security account provider in favor of transferring the bonds as set out in clause 2.9.4., and issue all and any necessary legal declaration thereto. In line with the above the Company emphatically calls it reputable corporate bond owner creditors to get in touch with their security account provider, give the necessary transfer orders in which the security account providers are instructed to transfer the corporate bonds underlying their creditors’ claims inclusive with the information (transfer inventory which includes at least the name and address of the creditor and the amount of the transferred corporate bonds in series to series base)necessary for the identification of the creditor to the Company’s 0558/121416 account held by KELER the period between 08 11 2013 and 14 11 2013. The Company further draws the attention of the corporate bond owner creditors to the fact that it can only transfer the shares to them if the exquisite and identifiable transfer of all corporate bonds underlying their creditors’ claims has been fulfilled, and the Company cannot facilitate partial performance in respect of the share transfers. Transfer of shares: The Company will immediately start processing the bond-transfers after 14 11 2013 and thereafter the transfer of shares to the creditors and to the corporate bond holder creditors who have exquisitely transferred their bonds and submitted their declarations with the security account details according to the rules set out therefor. The Company will request the suspension of trading with its shares at the stock exchange for the transfer day of the shares and for the subsequent period for crediting the transferred shares by the security account providers in order to grant the same conditions for the allocation of shares. Following the transfer of shares the implementation of the settlement agreement has been implemented and the provisions of the settlement agreement had been fulfilled and settled. The Company calls the attention of its reputable investors to the fact that it cannot complete transactions in respect of the creditors not included in the settlement agreement, neither in the case if the creditor transfers its corporate bonds to the Company and provide the Company with its security account details. The Company undertakes no responsibility for the erroneous transfers initiated by the creditors.

Załączniki

Plik Opis

140_Extraordinary Announcement.pdf

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 n/a

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2013-11-14 Csaba Soós Board of Directors