The Management Board of Grupa Kęty S.A. (hereinafter referred to as the Company or the Issuer) hereby informs that on 9 February 2021 it made a decision on selecting the company of Rothschild & Co Polska spółka z ograniczoną odpowiedzialnością with its registered office in Warsaw as the advisor of the Company (hereinafter referred to as the Advisor) in the process of identifying the interest among potential investors in acquiring the Flexible Packaging Segment of the Capital Group of Grupa KĘTY S.A. (hereinafter referred to as the FPS) and, in the event of taking such decision by the Issuer, in the process of sale of the segment of business. On 9 February 2021, the Supervisory Board of the Company expressed its consent to the conclusion of an agreement with the Advisor.
The Flexible Packaging Segment of the Capital Group of Grupa KĘTY S.A. consists of Alupol Packaging S.A. (a 100% subsidiary of the Issuer), Alupol Packaging Kęty Sp. z o.o. (a 100% subsidiary of Alupol Packaging S.A.) and Alupol Films Sp. z o.o. (a 100% subsidiary of Alupol Packaging Kęty Sp. z o.o.).
The Management Board of the Issuer informs as well that as at the date of publishing this current report no decisions on the FPS sales have been made, and the possible sale of the Segment will require separate opinions and consents of the Company corporate bodies, among other things.
The above event is an element of the process carried out under Section V of the Development Strategy of Grupa Kęty S.A. Capital Group for the years 2021–2025, about which the Issuer informed in the current report No. 36/2020 of 16 December 2020.
