Closing of the sale of shares under the agreement for the sale and purchase of shares in Celio, a.s.Following the inside information of UNIPETROL, a.s. ("Unipetrol") dated 24 March 2010 regarding the signing of the agreement for the sale and purchase of shares in CELIO, a.s. between Unipetrol and UNIPETROL RPA, s.r.o. ("Unipetrol RPA"), as sellers, and TICATANOR, s.r.o. ("TICATANOR"), as buyer ("SPA-T"), Unipetrol hereby informs that the closing of the sale of a 50% shareholding in CELIO, a.s. ("CELIO") under the above agreement took place on 14 April 2010.
On 14 April 2010, UNIPETROL RPA, as seller, and B.E. FIN S.A., as buyer, entered into the Share Purchase Agreement("SPA-B") regarding a 1.06% shareholding in CELIO. The closing of the sale of a 1.06% shareholding in CELIO under the SPA-B took place on the same date.
The closing of both transactions resulted in exit of Unipetrol and Unipetrol RPA from CELIO as of 14 April 2010. As a consequence, CELIO has now two shareholders B.E.FIN S.A. and TICATANOR both of them holding a 50% stake.
Unipetrol and Unipetrol RPA sold, under SPA-T and SPA-B, in total a shareholding in 51.06% in CELIO for the aggregate purchase price of CZK 78.3 million.
CELIO is a waste management company operating landfill for hazardous as well as other waste in the Růžodol area near Litvínov, Czech Republic. In 2009, CELIO generated sales from own products and services of CZK 97.3 million and it has 34 employees.
In Prague, 14 April 2010
UNIPETROL, a.s.
Reg. Announc. No. 5/2010
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