Company Press Release
ZNOJMO (July 18th, 2007) – PEGAS NONWOVENS SA (“the Company”) announces that its principal shareholder Pamplona Capital Partners I, LP sold its 43.4% stake held in the Company in the total amount of 4,001,165 of shares for a price of CZK 780 per one share.
The sale of shares was executed on the regulated market of the Warsaw Stock Exchange on July 11th, 2007, the transaction was settled and the shares transferred on July 16th, 2007.
The shares were sold to qualified investors in the capital market. As a result, the ownership structure of the Company changes as follows: a 98% stake is now free float, a 2% stake is held by the senior management of the Company.