*SAID ON MONDAY BOARD HAS APPROVED MERGER PLAN FOR INCORPORATION OF POWERFLEX
*DEAL TO NOT INVOLVE NEW SHARES ISSUE, MARE'S DIRECT PARTICIPATION IN POWERFLEX TO BE CANCELLED AS IT HOLDS 100% OF POWEFLEX SHARE CAPITAL
*DEAL SUBJECT TO GOLDEN POWER AUTHORIZATION FROM ITALIAN GOVERNMENT
* Further company coverage: MARE.MI
* (Gdansk Newsroom)
* ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 23-SEP-202505:27:35 GMT