CHEMOSERVIS-DWORY S.A. Current Report: CR 49/2018 Subject: Information on the management board of ZE ZEN Spółka z o.o. in Dąbrowa Górnicza, the application for the opening of a rehabilitation proceedings Date of preparation: 2018-08-14 Legal basis: Article 17 para. 1 MAR - confidential information and Art. 56 sec. 1 point 2 of the Act on the offer - current and periodic information
Current Report: CR 49/2018
Subject:Information on the management board of ZE ZEN Spółka z o.o. in Dąbrowa Górnicza, the application for the opening of a rehabilitation proceedings
Date of preparation:2018-08-14
Legal basis:Article 17 para. 1 MAR - confidential information and Art. 56 sec. 1 point 2 of the Act on the offer - current and periodic information
Contents of the report: The Board of Chemoservis-Dwory S.A. ('Company', 'Issuer') informs that on August 14, 2018, the management of the company Zakład Energetyczny ZEN Spółka z o.o. in Dąbrowa Górnicza (an entity 100% dependent on the Issuer - hereinafter referred to as the 'Applicant') in the District Court Katowice-Wschód in Katowice, 10th Commercial Department for bankruptcy and restructuring, motion for the opening of a rehabilitation proceedings pursuant to art. 7 par. 1 and art. 284 of the Act of 15 May 2015 - Restructuring Law (Journal of Laws item 978, as amended) hereinafter referred to as 'preliminary rule')
In addition, pursuant to art. 286 para. 1st sentence first pr. rest. The applicant applied for securing the Applicant's assets at the stage of the proceedings for the opening of the rehabilitation proceedings by establishing a temporary court supervisor and pursuant to art. 51 par. 2 pr. rest. The applicant also applied for appointment to perform the function of the Administrator in the rehabilitation proceedings, as well as pursuant to art. 288 para. 3 The applicant applied for leaving the management board over the entirety of the enterprise in the area of ordinary management.
The basis for submitting the application was the insolvency of the Applicant, because he lost the ability to perform his due financial obligations within the meaning of art. 11 para. 1 of the Act of February 28, 2003 - Bankruptcy Law (Official Journal of 2015, item 233) in connection with art. 6 par. 1 and par. 2 pr. rest. The delay in the performance of part of the Applicant's obligations exceeds 3 months, and therefore there is a presumption of art. 11 para. 1a of the bankruptcy law.
The applicant does not meet its due liabilities to 190 contractors, including ZUS, public law entities and suppliers creditors mentioned in detail in the application.
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Chemoservis-Dwory SA published this content on 14 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 August 2018 12:30:08 UTC
