Q1-4 of 2007
Our municipal partners 2007 saw the start-up of negotiations on the potential, joint utilization of geothermal energy between PannErgy Plc. (formerly Pannonplast Plc.) and several local governments with proper geothermal endowments
The research phase of the strategy conceived for the exploration and exploitation of geothermal energy resources has witnessed dynamic progress in support of the schedule for the commencement of the test borings in June 2008. Concurrently with these surveys, cooperation agreements have been concluded with our municipal partners
Decision by the Company Registry Court on the change of the name of Pannonplast Plc. PannErgy Plc. (formerly Pannonplast Plc.) has announced that according to the notification received by the Company yesterday, on 23 January 2008 the Company Registry Court of Budapest registered the new name of the Company.
Decision by the Company Registry Court on the change of the name of Pannonplast Plc.
Agreement for the sale and purchase of FCI-Furukawa Kft.s 100% stake Today, Pannonplast Plc. signed an agreement for the sale and purchase of business share with BENJI Invest Kft., regarding the sale of FCI Furukawa Kft.s stake constituting 100% of the companys share capital.
Agreement for the sale and purchase of FCI-Furukawa Kft.s 100% stake
100% ownership in FCI Furukawa Kft. In line with the extraordinary information dated as of 15 November 2007, Pannonplast Plc. hereby announces that after the obtainment of the required permits from the competition authorities the business share sales contract made by and between Pannonplast Plc. and The Furukawa Electric Co. Ltd. has been closed.
100% ownership in FCI Furukawa Kft.
Number of voting rights at Pannonplast Plastics Industry Plc. as of 31 December 2007 Pursuant to the provisions set forth in Section (9) of Article 54 of Act CXX of 2001 on Capital Markets, Pannonplast Plastics Industry Plc. herewith informs the actors of the capital markets on the number of voting rights associated with the […]
Number of voting rights at Pannonplast Plastics Industry Plc. as of 31 December 2007
Treasury share transactions On 19 December 2007, Pannonplast Plc. rolled over stock-exchange futures contracts expiring this December in an equivalent of 450,000 equity shares of Pannonplast Plc. to a deadline in June 2008.
Treasury share transactions
Pannonplast Plc. and Pannonplast Mûszaki Mûanyagok Zrt. (PMM Zrt.) have jointly announced that on 19 December 2007 in the framework of self-trading at the stock exchange PMM Zrt. will sell and at the same time purchase 2,103,280 Pannonplast shares at the same price, in the currently effective market price range.
Treasury share transactions
Pannonplast Plc. and Pannonplast Mûszaki Mûanyagok Zrt. (PMM Zrt.) have jointly announced that on 10 December 2007 they concluded the purchase and sales of Pannonplast Plc. shares in the framework of the clearing of OTC share transactions.
Treasury share transactions
On 27 November and 28 November 2007, Pannonplast Plc. concluded the following transactions. Pannonplast Plc. opened 4 forward purchase positions (in an equivalent of 10,0000 shares) at a mean rate of HUF 1,502 with a maturity in June 2008 at the Budapest Stock Exchange in cooperation with CIB Bank Ltd.
