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The management board of PETROLINVEST S.A. (hereinafter the “Company”, „Petrolinvest”) informs that on 26 August 2011, in accordance with the terms and conditions of the share purchase agreement regarding the shares in Silurian Hallwood Limited (“JVC”), executed on 23 August 2011 with Tabacchi Enterprises Ltd. (“Tabacchi”) (the execution of that company was disclosed in the current report No. 83/2011) (the “JVC Share Purchase Agreement”), the Company received from Tabacchi a request for Petrolinvest to issue in favour of Tabacchi, on free of charge basis, 7,100,000 subscription warrants authorising to subscribe for shares in the Company in the conditionally increased share capital of Petrolinvest. |
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