CEZ, a.s. - Electrica S.A. Raises Its Claim with International Court of Arbitration in Paris (44/...

CEZ, a.s. - Electrica S.A. Raises Its Claim with International Court of Arbitration in Paris (44/2013)

23.09.2013 | aktual.: 23.09.2013 18:18

KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 44 / 2013
Data sporządzenia: 2013-09-23
Skrócona nazwa emitenta
CEZ, a.s.
Temat
Electrica S.A. Raises Its Claim with International Court of Arbitration in Paris
Podstawa prawna
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe
Treść raportu:
The International Court of Arbitration of the International Chamber of Commerce in Paris has admitted an extension of the claim lodged in the relevant arbitration by Electrica S.A. of Romania against ČEZ, a.s. The claim has thus increased to EUR 82 mil from the original damages EUR 18.8 mil sought at the start of the proceeding in October 2012. The petition is based on an alleged, non-specified failure of ČEZ to honor certain obligations arising from the Privatization Agreement. ČEZ continues to insist that it has not breached the Privatization Agreement of 2005, which the parties confirmed as ČEZ subsequently purchased the remaining minority stakes from Electrica in 2009. For this reason, ČEZ considers Electrica's claim as absolutely ungrounded and has moved that the petition be rejected.

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

MESSAGE (ENGLISH VERSION)
Electrica S.A. Raises Its Claim with International Court of Arbitration in Paris The International Court of Arbitration of the International Chamber of Commerce in Paris has admitted an extension of the claim lodged in the relevant arbitration by Electrica S.A. of Romania against ČEZ, a.s. The claim has thus increased to EUR 82 mil from the original damages EUR 18.8 mil sought at the start of the proceeding in October 2012. The petition is based on an alleged, non-specified failure of ČEZ to honor certain obligations arising from the Privatization Agreement. ČEZ continues to insist that it has not breached the Privatization Agreement of 2005, which the parties confirmed as ČEZ subsequently purchased the remaining minority stakes from Electrica in 2009. For this reason, ČEZ considers Electrica's claim as absolutely ungrounded and has moved that the petition be rejected.

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

| | | CEZ, a.s. | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | | (pełna nazwa emitenta) | | | | | |
| | | CEZ, a.s. | | Przemysł inne (pin) | | | |
| | | (skrócona nazwa emitenta) | | (sektor wg. klasyfikacji GPW w W-wie) | | | |
| | | 140-53 | | Praha | | | |
| | | (kod pocztowy)
| | (miejscowość) | | | |
| | | Duhova | | 2/1444 | | | |
| | | (ulica) | | (numer) | | | |
| | | (telefon) | | | (fax) | | |
| | | (e-mail) | | | (www) | | |
| | | CZ45274649 | | 45274649 | | | |
| | | (NIP)
| | | (REGON) | | |

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data Imię i Nazwisko Stanowisko/Funkcja Podpis

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

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