The Management Board of Stalexport Autostrady S.A. (hereinafter called “Company”) informs that on 15 June 2015 Stalexport Autostrada Małopolska S.A. with its registered seat in Mysłowice (which is 100% subsidiary company of Stalexport Autoroute S.a.r.l., which is in turn a 100% subsidiary of company Stalexport Autostrady S.A.) signed significant agreement, to which the following entities are parties:
The subject of the agreement is realization of the Contract F2b-8-2014 „Extension of the Mysłowice and construction of the Rudno Interchanges along the A4 Motorway Katowice - Kraków of the net value PLN 22.045.767,97 (hereinafter called “the Contract”).
The General Conditions for this Contract shall be “Conditions of Contract for Engineering-Construction Works designed by the Employer, published by Fédération Internationale des Ingénieurs-Conseils (FIDIC) – First Edition 1999, known as “Red Book”, hereinafter called as Conditions of Contract.
The agreement provides the following penalty fees for the Contractor:
The criterion to recognize the agreement as a significant contract: the value of the subject of the Contract exceeds 10% of the Company`s equity capitals.
Legal basis:
Art. 5 paragraph 1 point 3 Regulation from the Minister of Finance of 19 February 2009 on the current and periodical information presented by issuers of securities and on consideration as equivalent the information required by law of the countries outside the EU (Journal of Laws of 2009, No. 33, Item 259, later amended).