The Management Board of Grupa Kęty S.A. (hereinafter referred to as the “Company” or the “Issuer”) informs that on 23 January 2019, upon consulting the Supervisory Board, it has made a decision on the commencement of reviewing the strategic options (hereinafter referred to as the Process) in order to create the Company development strategy for the coming years.
The Process will refer to the scope of the operating activities of the Company and the Capital Group. The Company Management Board will assess and analyse the competitive position of the Capital Group operating segments, market conditions, potential for further organic growth of the Capital Group and further development of the Group by acquisitions and divestments. At the same time, the Management Board will review the assets and areas of activities with regard to their importance to long-term strategic objectives, having regard to the interest of the shareholders.
The results and conclusions of the strategic options review may serve the Management Board in updating the strategic plans of the Company.
The Management Board informs that so far no decisions related to the selection of the specific options have been made and it is not obvious whether or when such decisions will be made in the future. The Management Board is going to inform the public about the Process progress within the scope required by law.
