The Management Board of Orzeł Biały SA (“the Issuer”, “the Company”) with reference to a current report No. 15/2013 dated 04.07.2014 in which reported about signing the contract by the Issuer for the sale of lead and lead alloys by Orzeł Biały SA announces, that the Counterparty (the other party to the contract) was the company EH Europe GmbH, headquartered in Zurich (Switzerland).
The value of turnover in terms of the contract on sale of lead and lead alloys with this contractor within a term of the aforementioned contract (ie 01.04.2013-31.03.2014) was PLN 39.9 million net, which does not exceed 10% of the total consolidated revenue of the Issuer for the last four quarters published before publication of the communication, ie 07.04.2013 (II quarter of 2012 – I quarter of 2013).
Moreover, during the same period, the Company has provided battery scrap processing services to aforementioned Contractor. The value of turnover in this respect amounted to PLN 2.1 million.
The total turnover of the Issuer with EH Europe GmbH achieved in the period from 01.04.2013 to 31.03.2014 amounted to PLN 42.0 million and exceeded 10% of the total consolidated revenue of the Issuer for the last four quarters published before publication of the communication, ie . 07.04.2013 (II quarter of 2012 – I quarter of 2013).
The Company, pursuant to Art. 57 section 1 of the Act on Public Offering dated 29.07.2005, passing the current report no 15/2013 dated 07.04.2013, delayed transmission to the public information on Contractor (the other party of contract) and the estimated value of the contract with the counterparty.
Podstawa prawna:
RMF § 5 section 1item 3