Grupa Kapitałowa Grupa Azoty
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In alignment with the agreement with financing parties noted in Current Report No. 10/2024, the Management Board of Grupa Azoty S.A. resolved on June 21 to convene an Extraordinary General Meeting. The agenda includes approving the primary scope of the considered securities on Grupa Azoty S.A.'s assets, pending Supervisory Board approval. Similar resolutions were made by the Management Boards of Grupa Azoty Puławy, Grupa Azoty Police, and Grupa Azoty Zakłady Azotowe Kędzierzyn S.A. This marks another step in executing the action plan agreed with financial institutions while negotiating a long-term agreement.
The resolutions are another key stage in advancing the agreements between Grupa Azoty and financial institutions. Currently, a short-term agreement signed in May 2024 is in effect until July 30, 2024. This agreement allows us to craft specific solutions and proposals addressing the financial institutions' requirements. Ultimately, our goal is to agree on a long-term financing plan, and negotiations are ongoing towards this objective, stated Andrzej Skolmowski, Vice President of the Management Board of Grupa Azoty S.A.
The resolutions adopted by the Management Board of Grupa Azoty S.A. and concurrently by the Management Boards of Grupa Azoty Zakłady Azotowe Puławy S.A., Grupa Azoty Zakłady Chemiczne Police S.A., and Grupa Azoty Zakłady Azotowe Kędzierzyn S.A. (collectively, the Grupa Azoty companies) include determining the scope of securities on selected assets of Grupa Azoty S.A. or other companies within the Grupa Azoty capital group.