Report No. 12/2020 - Extension of the period of preferential toll rates validity for automatic payments at the A4 motorway Katowice-Kraków: electronic toll collection A4Go and Telepass as well as videotolling.
With reference to the report no. 34/2019 of 2 December 2019 the Management Board of Stalexport Autostrady S.A. with its registered office in Mysłowice (hereinafter referred to as: the Issuer) informs that it was informed on 13 March 2020 by Stalexport Autostrada Małopolska S.A. (hereinafter referred to as: SAM S.A.) with its registered office in Mysłowice (a 100% subsidiary of Stalexport Autostrady S.A.), that acting in accordance with the Concession Agreement described below, the Management Board of SAM S.A. had adopted a resolution regarding extension of the period of preferential toll rates validity to at least 30 June 2020 for automatic payments at the A4 motorway Katowice-Kraków.
Accordingly from 1 April to at least 30 June 2020 will apply the following toll rates for electronic toll collection A4Go and Telepass, as well as for videotolling:
- for category 1 of vehicles (other than motorcycles): PLN 7 gross,
- for category 2 and 3 of vehicles, PLN 17 gross,
- for category 4 and 5 of vehicles, PLN 30 gross.
The abovementioned tolls will apply at one toll plaza.
The introduction of preferential toll rates for automatic payments is connected with the pursuit of SAM S.A. to improve the capacity of toll plazas.
The toll rates for other methods of payment will not change from 1 April 2020 and will amount to the following:
- for category 1 of vehicles (other than motorcycles): PLN 10 gross,
- for category 2 and 3 of vehicles, PLN 20 gross,
- for category 4 and 5 of vehicles, PLN 35 gross.
Revenue from toll collection amounts to approx. 99% of revenues of Stalexport Autostrady S.A. Capital Group recognised in the consolidated financial statements for the year 2019. The share of automatic transactions in the total number of toll transactions at the end of February 2020 amounted to approx. 22.5%.
The Concession Agreement referred to above means the agreement of 19 September 1997 (concluded originally by the Issuer and the Minister of Transport and Maritime Economy) for the construction of A-4 motorway in the section Katowice (Murckowska junction, km 340.2) - Kraków (Balice junction, km 401.1) with a length of 60.9 km, by adaptation to Toll Motorway requirements and operation of the motorway in that section, changed by subsequent amendments, and the rights and obligations under the Agreement were fully transferred on 28 July 2004 from the Issuer to Stalexport Autostrada Małopolska S.A., about which the Issuer informed in current report no. 59 of 29 July 2004.
Legal basis:
Art. 17 sec. 1 of the Regulation of the European Parliament and of the Council UE No. 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.