72/2006: Conclusion of a material agreement by subsidiaries
The Board of Directors of PBG S.A. hereby informs that subsidiaries Hydrobudowa Włocławek S.A. (Leader of the Consortium) and Hydrobudowa ?l?sk S.A. (Partner of the Consortium) concluded a material agreement with Bytomskie Przedsiębiorstwo Komunalne Sp. z o. o. on 30th August 2006. The subject of the agreement are construction works entitled "Improvement of water and wastewater management in Bytom municipality". Total net value of the said agreement totals EUR 7,980,000 (i.e. PLN 31,531,374).
The works will be executed within 24 months from the date of beginning the works.
Agreed penalty is 0.05% of the approved contractual amount for each day of delay, however not more than 10% in total.
In the opinion of the Board of Directors of PBG S.A., the contract will materially affect the revenues of PBG Capital Group.
Legal basis: Art.56 item 1.1 of Public Offering Act - confidential information
Signature of the authorised person:
Michał Zboralski
Pliki:
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