BGS Energy Plus announces the acquisition of a 15% stake in a project company for 1,1 MW biogas plant

The Management Board of BGS Energy Plus announces that on 3rd July 2012 its fully-owned subsidiary BGS Biogas a.s. signed an agreement with Mr. Mrazek to acquire a 15% equity interest in the project company Chotětov BPS s.r.o., which holds all project rights for 1,1 MW biogas power plant located in the municipality of Chotětov. The total acquisition price was CZK 60.000,- (EUR 2,000.-). BGS Biogas will grant a loan CZK 16,5 mio (EUR 0,6 mio) to Chotetov BPS.

BGS Energy Plus and its board members are unrelated to Mr. Mrazek.

Legal basis: Article 3, Section 2, Point 2 of Exhibit 3 of the Alternative Trading System Rules, as adopted by Resolution Nr. 147/2007, dated 1 March 2007, and amended by Resolution No. 733/2009, dated 18 December 2009, of the Warsaw Stock Exchange Management Board