Conclusion of an agreement on transferring the property right to the real property

Current report no. 53/2015

With reference to the current report no. 16/2015 dated 23 January 2015, the Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42 („Company”) informs that today an agreement on transferring the property right to the real property was concluded between the Company as the Seller and Molina spółka z ograniczoną odpowiedzialnością 1 spółka komandytowo-akcyjna with its registered office in Warsaw as the Buyer. The subject of the contract is the real property located in Siadło Dolne, the Kołbaskowo municipality, the Police County, West Pomeranian Voivodeship.

 

The conclusion of the transferring agreement was dependent on meeting the conditions provided for in the agreement. Those conditions have been met today.

 

The total net price for the real property amounts to PLN 6.500.000, i.e. the gross price amounts to PLN 7.995.000.

 

The contract is an element of operational restructuring realisation, of which the Company informed in current report no. 130/2012 on conclusion with financial creditors of the Agreement on the principles of managing the financial debt of the Company and constitutes performance of the Company's liabilities resulting from the annex to the Agreement on managing the financial debt, of which the Company informed in detail in current report no. 150/2013 dated 25 October 2013.