04.04.2001
Agreement on PZU
The Management Board of BIG Bank GDAŃSKI S.A. announces that: On 3 April 2001, BIG Bank GDAŃSKI S.A., BIG BG Inwestycje S.A. and EUREKO B.V. entered into the Supplementary Agreement to the Agreement on the Sale of Shares of Powszechny Zakład Ubezpieczeń S.A. ("PZU") of 5 November 1999 with the State Treasury.
Under the agreement, the parties agreed, in particular, to end all disputes, including the withdrawals of all requests and statements of claims filed in connection with the PZU Share Purchase Agreement and resolutions taken by PZU General Meeting of Shareholders, agreed upon the principles of appointing members of the Supervisory Board and Management Board of PZU and its subsidiaries, and confirmed the willingness to continue efforts to carry out another stage of PZU privatisation consisting in making PZU shares available in a public offer by the end of the current year. EUREKO B.V. will have the right to acquire a package of 21% PZU shares through the public offer.