Announcements

The Minister of Treasury invites to negotiations on purchase of shares of Zakłady Badań i Atestacji „ZETOM” im. Prof. F. Stauba w Katowicach sp. z o.o. with registered office in Katowice

Deadline to submit written offers expires on 11.03.2010 at 15.00 Warsaw Time.

The Minister of Treasury
of the REPUBLIC OF POLAND
invites to negotiations on purchase of shares of
Zakłady Badań i Atestacji „ZETOM” im. Prof. F. Stauba w Katowicach sp. z o.o.
with registered office in Katowice

 

Minister of Treasury with registered office in Warsaw, ul. Krucza 36/Wspólna 6, 00-522 Warszawa, acting on behalf of the State Treasury, pursuant to Art. 33.1.3 of the Act of 30 August 1996 on Commercialisation and Privatisation (Journal of Laws of 2002, No. 171, item 1397, as amended), hereinafter referred to as the “Act”, and pursuant to the Resolution of the Council of Ministers of 17 February 2009 on detailed procedure of disposal of State Treasury-owned shares (Journal of Laws No. 34, item 264) extends an invitation to negotiations to all interested parties regarding the purchase of 8.500 (in words: eight thousand five hundred) shares of nominal value 50,00 (in words: fifty) PLN each, representing 85% of the share capital of Zakłady Badań i Atestacji „ZETOM” im. Prof. F. Stauba w Katowicach sp. z o.o. with registered office in Katowice, address: ul. Ks. Bpa H. Bednorza 17, 40-384 Katowice, entered in the register of entrepreneurs of the National Court Register kept by District Court in Katowice (Katowice-East VIII Division) under KRS number 0000304257, hereinafter referred to as the „Company”.

At the day present announcement 100% of shares of the company is in possession of State Treasury.

The Company is engaged in research activities in the field of quality, including tests for assessing the quality of products, certification of products and manufacturing processes and testing and measurement of technical and operational characteristics of materials and products. The company is also developing and carrying out the analysis of quality control in production and supply manufacturers, issuing approval and confirmation of receipt of technical reliability and the accuracy of measuring instruments for measuring and control by the calibration. The company also runs an interdisciplinary research and laboratory testing and provide training and implement new methods and quality management systems.

In accordance with Article. 36 of the Act, eligible employees are entitled to unpaid purchase up to 15% of the shares of the Company, currently belonging to the Treasury. Minister of the Treasury provides for the transfer of shares not purchased by eligible employees, has been selected in the mode of these negotiations, the Investor, in case of termination of the rights entitled to unpaid workers' acquisition of these shares.

All concerned, hereinafter referred to as "Potential Investors" are invited to submit written confirmation of interest in participating in the negotiations no later than 10 March 2010 to the Ministry of the Treasury or Advisor – BUDOSERWIS Z.U.H. Sp. z o.o., representing the Minister of the Treasury in the process of selling shares in the Spółki Zakłady Badań i Atestacji „ZETOM” im. Prof. F. Stauba w Katowicach sp. z o.o., at:
1. Ministry of the Treasury, 00-522 Warsaw, ul. Krucza 36/Wspólna 6, p. Jan Przeniesławski, Department of Privatization Projects, VII floor, room no. 724, phone (022) 695-82-89, e-mail:: jan.przenieslawski@msp.gov.pl.
2. BUDOSERWIS Z.U.H. Sp. z o.o. ul. Kościuszki 31, 41-500 Chorzów, telephone (032) 241 24 51 to 57 extension 132, fax (032) 241 49 56. Persons responsible for receiving applications are: Mrs. Marzena Polczyk: m.polczyk@e.budoserwis.com.pl and Mr. Marek Walczak: m.walczak@e.budoserwis.com.pl.

After presenting the current corporate documents, that is copy of the register of entrepreneurs of the National Court Register / certificate of registration in the register of economic activities, reflecting the current representation of the potential investor (the date of issue no earlier than three months before presenting the document), and where the person concerned is not a businessman - the presentation of documentary proof of identity and any power of attorney and signing by the duly authorized representatives of the Potential Investor of the "The obligation of confidentiality", will be available for consideration at the Ministry of the Treasury or at the premises of Advisor (100.00 PLN price, payable in to account of the Ministry of the Treasury in the Bank Gospodarstwa Krajowego SA, I Branch Warsaw, No. 83 1130 1017 0019 9426 2520 0008 or at the box office of the Ministry, room no. 372, Department of General Accounting and Reporting Department of Budget and Finance Committee on Ministry of the Treasury on working hours 12.00 - 14.00) starting from the day following the date of appearance of this call, "Information Memorandum of the Company" (hereinafter "Memorandum") containing information about the legal situation and the economic and financial structure of the Company and the response to publicly announced invitation to negotiations. Persons responsible for the provision of the Memorandum will be the side of Ministry of the Treasury Mr Jan Przeniesławski and on the side of Advisor Mrs Marzena Polczyk and Mr Marek Walczak.

"Memorandum" will be available to the day before the deadline for written responses to the publicly announced invitation to negotiations on purchase of shares of the Company.
Negotiated will be price of acquired shares, the Company's development program includes among others commitment to raise capital or other investment obligations, liabilities for environmental protection, obligations concerning the protection of the interests of employees and other persons associated with the Company and the manner of securing the implementation of these commitments.

The deadline for written responses to the publicly announced invitation to negotiations on acquisition of shares of the Company for Potential Investors, who signed the document "The obligation of confidentiality" and received the "Information Memorandum of the Company, shall expire on 11 March 2010, at 15.00 (time official in Poland).

Replies of Potential Investors should be prepared in Polish and submitted in 2 copies in a sealed envelope at the Ministry of the Treasury, ul. Krucza 36/Wspólna 6, 00-522 Warsaw, at the Registry of the Department of Privatization Project, VII floor, room no. 739.

The envelope must bear the inscription: "Responding to a public invitation to negotiations on acquisition of shares of the Zakłady Badań i Atestacji „ZETOM” im. Prof. F. Stauba w Katowicach sp. z o.o. with registered office in Katowice - DO NOT OPEN" and the data for the identification of a potential investor.
Responses will be considered only by Potential Investors who signed the document "The obligation of confidentiality" and received the "Memorandum".

Minister of the Treasury reserves the right to request additional clarification from Potential Investors who submit their response to the publicly announced invitation to negotiations.
Minister of the Treasury by the deadline of 25 March 2010 in writing inform each of Potential Investors, who has the answer to the publicly announced invitation to negotiations, the outcome of its consideration.

Minister of the Treasury reserves the right to: choose one or more Potential Investors with whom to enter into negotiations, changes in procedures and timetable for negotiations, withdraw from negotiations without giving a reason, to extend the deadline for responding to the publicly announced invitation to negotiations and the extension of the deadline to inform the consideration of responses to this invitation.

Minister of the Treasury is not liable for any costs incurred by entities interested in acquiring shares in connection with participation in the negotiation and conclusion of the sale of shares of the Company.
 

Publication date : 11.02.2010

Published by : Katarzyna Szulc
Author : Public Relations Office

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