Today, that is on Wednesday, 16 September 2015, the JSW Management Board and representative trade union organizations operating in JSW namely: Zakładowa Organizacja Koordynacyjna NSZZ Solidarność JSW S.A., Związek Zawodowy Kadra Pracowników JSW S.A. and Federacja Związku Zawodowego Górników JSW S.A. signed an agreement that concerns the restriction of the benefits to employees of the Company, which will have a significant impact on improving the liquidity of JSW in the next three years.
In connection with the resignation submitted on September 7th by Robert Kozlowski from the position of the Vice - President of the Management Board for Financial Matters at JSW SA, Dariusz Bernacki, the Chief Accountant of JSW S.A., was made responsible for economic division - until the new Vice-President for Financial Matter is chosen.
In relation to information concerning the use of a "put option" by ING on the amount of approx. 75 million PLN (PLN 26,260,000 and US $ 12,950,000 plus accrued interest), the Company announces that the "put option" mentioned in the report may be exercised by ING Bank Śląski SA as of September 21, counting 10 working days from the date of effective delivery of the agent, i.e. since yesterday.
On September 3rd CEO of JSW Edward Szlęk resigned from his position for health reasons. The Supervisory Board accepted his resignation. Edward Szlęk held the position of President of the listed company since 27 April this year, he was previously CEO of JSW Koks, part of the JSW Capital Group.