Legal attitude: Art. 17 para. 1 MAR - confidential information.
Board ELQ S.A. (hereinafter: "Company", "Issuer") informs that today it learned about registering in the National Court Register (hereinafter: "KRS") another subsidiary of the Issuer with its registered office in Częstochowa, in which the Company holds 90% of shares.
- ELQ PV 4 Sp. z o.o. (Date of registration in the National Court Register: December 12, 2018).
The President of the Issuer's subsidiary is Mr Ryszard Bobrowski, also the President of ELQ SA, so in the opinion of the Issuer there is no potential conflict of interest.
The aforementioned special purpose company is to design and build a solar farm (PV farm) with a total capacity of about 50 MW, provided that specific power will be allocated, taking into account technical conditions.
Source: company website, investor relations, current and periodic reports.