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NOT TO BE PUBLISHED OR DISTRIBUTED DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PARTS, IN OR TO
THE TERRITORY OF THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA AND JAPAN.
PRESS COMMUNICATION
Warsaw, 19 November 2013
PKP CARGO will still realize the strategy included in the prospectus
Due to resignation of Mr. Łukasz Boroń from the position of Chief Executive Officer of the
Company, his duties were immediately taken over by Mr. Adam Purwin, Chief Financial Officer
with intentions to continue the Company’s strategy presented in PKP CARGO prospectus.
- We shall realize all intentions which were discussed during meetings with investors at the time of
making a public offering. The Company has a clear development strategy and I am aware of
opportunities and threats that PKP Cargo is facing now – Adam Purwin, Chief Financial Officer acting
as C.E.O. of PKP CARGO said.
- The Supervisoyu Board will elect a new C.E.O. in a shortest possible time. Till that time the Company
will be run by Mr. Adam Purwin, who prepared the IPO process and before had worked in PKP S.A. on
preparing long term strategy for PKP CARGO – Jakub Karnowski, President of Supervisory Board of
PKP CARGO S.A. and C.E.O. of PKP S.A. adds.
New Chief Executive Officer will be elected by a Supervisory Board in an extended personal
constitution according to provisions of the Statute and Regulations concerning electing new
members of board.
More information:
Maciej Bieńkowski
Investor relations
(+48) 663-290-943
[email protected]
NEITHER THIS ANNOUNCEMENT NOR ITS COPY CAN BE DISTRIBUTED DIRECTLY OR INDIRECTLY, AS A
WHOLE OR IN PARTY ON OR TO THE TERRITORY OF THE UNITED STATES OF AMERICA, AUSTRALIA,
CANADA AND JAPAN.
This press announcement is solely a promotional document according to Art. 53 item 2 and further, of
the Act of 29 July 2005 on public offer and conditions of introducing financial instruments to an
organized circulation system and on public companies.
Emission prospect (“Prospect”) prepared according to the offer and admittance of the Company
shares to the stock exchange list on the Warsaw Stock Exchange and approved by Polish Financial
Supervision Authority is the only legally binding document containing information about the Company
and the public offer of its shares in Poland (“Offer”).
This press announcement is not an emission prospect. The offer of bonds sales will be made and each
investor shall make a decision on investment solely on the basis of information included in the
emission prospect of the Company. The emission prospect of the Company is available on the internet
site of the Company (www.pkp-cargo.pl) and of Powszechna Kasa Oszczędności Bank Polski S.A.
Department – Dom Maklerski PKO Banku Polskiego in Warsaw (www. dm.pkobp.pl).
This press announcement is not a sales offer or an invitation to making a sales offer of bonds
purchase in the United States of America. Bonds cannot be offered or sold on the territory of the
United States of America without previous registration or exemption from registration requirement.
The Company does not intend to register any part of the offer in the United States of America. This
press announcement or any copy cannot be transferred of by any means made available on the
territory of the United States of America.
Distribution of this materials may be prohibited in certain countries. It is prohibited to distribute this
document on the territory of Canada, Japan or Australia. Information included in this document are
not a sales is not a sales offer or an invitation to making a sales offer of bonds purchase in the
Canada, Japan or Australia.
In the member states of European Economic Area (EEA) this press announcement and the offer of
bonds purchase, if they were announced at the same time, are directed solely to persons who are
„qualified investors” according to Art. 2 item 1, point e) of the Directive 2003/71/WE (as amended)
(this Directive, together with any means of implementation as required in this Directive in a given
Member State and other proper regulations, „Prospect Directive”) or on the basis of an exception
defined in Art. 3, item 2 of the Prospect Directive. It is assumed that the qualified investors who
purchase bonds within the offer of bonds or who are the addressees of offer of bond purchase made a
proper statement that they are qualified investors. It is also assumed that all investors made a
statement that they do not purchase bonds on behalf of member states citizens other than qualified
investors or persons from Great Britain or other member states (with similar legal provisions), on
behalf of whom the investor may take decisions on his own, and that they did not purchase the
abovementioned bonds in order to offer or sell them in EEA member states, which could cause the
necessity of publishing the prospect by the Company or Goldman Sachs International, Morgan Stanley
and Dom Maklerski PKO Banku Polskiego („Global Coordinators”) or other members of consortium of
entities offering or guaranteeing the Offer according to Art. 3 of the Prospect Directive. The Company,
Global Coordinators and other members other members of consortium of entities offering bonds of
the Company and guaranteeing offer of such bonds and their representatives will be based on real
and complete statements mentioned above.