Finergis Investments Limited made a tender offer to acquire the additional 53.15% stake in Ergis S.A. (WSE:EGS) for PLN 60.2 million on October 1, 2019. Pursuant to the terms of the offer, Finergis Investments Limited would acquire 20.08 million Ergis shares for PLN 3 per share. As of mid-November 2019, the offer per share was raised to PLN 3.88. As a result of the acquisition, Finergis Investments Limited and Marek Górski will increase its stake held in Ergis from 40.2% and post completion will own 93.34% of the share capital of Ergis. The offer started on October 21, 2019 and lasted until November 19, 2019. Andrzej Foltyn, Magdalena Skowronska and Maciej Goszczyk of Domanski Zakrzewski Palinka sp. k., acted as legal advisors to Finergis Investments Limited. Finergis Investments Limited completed the acquisition of an additional 45.7% stake in in Ergis S.A. (WSE:EGS) for PLN 66.9 million on November 19, 2019. Finergis Investments Limited acquired 17.2 million shares in Ergis.