CLOSING OF SALE OF SHARES UNDER SHARE PURCHASE AGREEMENT ON SALE OF 100% SHARES IN KAUČUK, A.S.Following the inside information of UNIPETROL, a.s. ("Unipetrol") dated 30 January 2007 regarding the execution of the Share Purchase Agreement concerning the sale of 100% shares in KAUČUK, a.s., with its registered office at O. Wichterleho 810, Kralupy nad Vltavou ("Kaučuk") between Unipetrol, as seller, and FIRMA CHEMICZNA DWORY S.A., with its registered office at Chemików 1, Óswięcim, Poland ("Dwory"), as purchaser, Unipetrol hereby informs that the closing of the sale of 100% shares in Kaučuk took place on 19 July 2007.
The subject-matter of the Share Purchase Agreement was the transfer of 100% shares (i.e., 6,236,000 ordinary certificated registered shares) in Kaučuk for the purchase price of EUR 195,000,000.
After the satisfaction of all conditions precedent agreed between the parties in the above agreement and as a result of the transfer of 100% shares in Kaučuk, Dwory became the sole shareholder of Kaučuk.
The scope of business of Kaučuk is production of chemical products, in particular, production of synthetic rubber, styrens and other monomers.
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