Conclusion of a significant agreement for lead and lead alloy sales – closure of the delay

The Management Board of Orzeł Biały S.A. (“The Issuer”, “The Company”) announces, in connection with  the Current Report No 13/2014 dated 23.04.2014 wherein the signing by the Issuer of the lead and lead alloy sales agreement by Orzeł Biały S.A., that EH Europe GmbH headquartered in Zurich (Switzerland) was the Contractor (the other party to the Agreement).

The turnover earned through the lead and lead alloy sales agreement with the said Contractor in the Agreement duration (viz. 01.04.2014 to 31.03.2015) amounts to PLN 72.3 million (net), thus exceeding 10% 10% of the total revenue of the Issuer’s Group of Companies for the last four fiscal quarters as published before the announcement day, i.e. 23.04.2014 (first quarter 2013 – fourth quarter 2013).

The Company has, pursuant to Art. 57 Para.1 of the Public Offering and Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies Act of 29.07.2005, has delayed the disclosure to public knowledge of the Contractor (the other party to the Agreement) and of the estimated value of the Agreement signed with the said Contractor when submitting the Current Report No 13/2014 dated 23.04.2014.

 

Legal basis:
RMF SE § 5 Para.1 Pt. 3

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