APS ENERGIA SA (5/2018) Decision on launching a review of potential strategic options regarding the subsidiary APS Energia Rus

The Management Board of APS Energia S.A. (Issuer) informs that on April 6, 2018, it decided to launch a review of potential strategic options regarding the subsidiary OOO APS Energia Rus (the Issuer owns 100% shares in this company). The decision is the result of an assessment of the current situation and risks on the industrial guaranteed power supply systems market in Russia. The Issuer's Management Board will consider various strategic options, including, in particular, searching for a sector investor, seeking a financial investor, introducing OOO APS Energia Rus to trading on the Moscow Stock Exchange, as well as situations in which such activities will not be undertaken. The Management Board of the Company informs that no decisions have been taken so far with regard to the choice of a particular strategic option, and there is no certainty as to whether or when the decision will be made. The Management Board is considering acquisitions on the western markets and in Poland. The Management Board informs at the same time that it has started work on revising the Issuer's Group strategy.

Source: company website, investor relations, current and periodic reports.

Company information
Company name:APS Energia SA
Adress: ul. Strużańska 14 05-126 Stanisławów Pierwszy
Phone:+48 22 7620000

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