11/2012: Guarantee limit increased under the Cooperation Agreement with Sopockie Towarzystwo Ubezpieczeń Ergo Hestia
In reference to Current Report No. 13/2011 of February 17th 2011 (available at: http://www.pbg-sa.pl/relacje-inwestorskie/raporty-biezace/13-2011-zmniejszenie-wartosci-umowy-z-ergo-hestia.html), the Management Board of PBG S.A. hereby reports that on February 7th 2012 it became aware that as of January 18th 2012 Sopockie Towarzystwo Ubezpieczeń Ergo Hestia S.A. increased the guarantee limit available to members of the PBG Group from PLN 120m to PLN 200m. The increased guarantee limit was granted to PBG S.A., HYDROBUDOWA POLSKA S.A. and HYDROBUDOWA 9 S.A., as well as to INFRA S.A. (currently outside the PBG Group), under the Agreement on Cooperation with Respect to Provision of Insurance Guarantees within an Approved Guarantee Limit, dated April 2nd 2008. HYDROBUDOWA POLSKA and HYDROBUDOWA 9 merged on January 4th 2012.
Other terms and conditions of the agreement remained unchanged.
Art. 56.5 of the Public Offering Act – information update
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