On 19^th February 2013 Azoty Tarnów announced a public tender offer for shares in ZA Puławy. Azoty Tarnów intends to acquire the shares in ZA Puławy authorising it (together with the shares already held by Azoty Tarnów) to exercise 100%  total votes at the general meeting of shareholders. 

The bid price is 132.60 PLN per one share in ZA Puławy. Subscriptions will take place between 7^th March and 8^th April 2013. The acquisition of shares will take place by 11^th April 2013 and the settlement of the transaction by 15^th April 2013. 

This tender offer was announced further to the obligation of Azoty Tarnów to announce a tender offer for remaining shares in ZA Puławy, referred to in Art. 74 sec. 2 of the Act on Public Offering as Azoty Tarnów had exceeded the 66% threshold of the total number of votes at the general meeting of ZA Puławy resulting from the settlement of the public offer of D series shares issued by Azoty Tarnów.