PGE's shareholders increase share capital by PLN 467 million

The General Meeting of shareholders of power utility PGE has voted to up the company's share capital by PLN 467 million or PLN 0.25 per share (from PLN 10 to 10.25). The state treasury announced in July that it wanted to increase the share capital by PLN 5.61 billion, or to PLN 13 per share. PGE is the leader of the energy sector with a market share of about 40 percent in the conventional generation area, and more than 5.2 million individual and business recipients. PGE has been listed on the Warsaw Stock Exchange since 2009.