Selection of the joint offer of the Issuer and its subsidiary

Current report No 43/2020

Legal basis: Article 17(1) of the Market Abuse Regulation (MAR) – confidential information.               

The Management Board of Polimex Mostostal S.A. with the registered office in Warsaw (the “Issuer”) informs about the selection by ENGIE EC Słupsk Sp. z o.o. with the registered office in Słupsk (the “Ordering Party”) of the offer of the consortium comprising the Issuer and Polimex Energetyka Sp. z o.o. with the registered office in Warsaw (a subsidiary of the Issuer, jointly the “Consortium”) as the most advantageous in the tender procedure conducted by the Ordering Party for the implementation of the following project in the capacity of the main contractor: “Expansion of the heating system in Słupsk through the construction of a highly efficient gas source using the cogeneration technology with the capacity of up to 20 MW as part of the ‘Słupsk Bioenergy Cluster’” (the “Assignment”).

The remuneration of the Consortium for the execution of the Assignment amounts to PLN 99.8 million net.

The Issuer will inform about the conclusion of the agreement for the performance of the Assignment and its conditions in a separate current report.