Aktuální report č. 60 / 2013

Acquisition and disposal of assets of significant value by making an in-kind contribution of 100% of Budimex Danwood Sp. z o.o. shares in exchange for 4,772,000 shares in the increased share capital of Budimex B Sp. z o.o.

The Management Board of Budimex SA announces that on 17 September 2013 Budimex SA ("Budimex") acquired 4,772,000 shares in the increased share capital of Budimex B sp. z o.o., i.e. a subsidiary of Budimex SA with its registered office in Warsaw ("Budimex B"), with a par value of PLN 50 each, i.e. a total nominal value of PLN 238,600,000 in exchange for an in-kind contribution of 100% of the shares of Budimex Danwood sp. z o.o. with its registered office in Bielsk Podlaski ("Danwood"), which represent 100% of the share capital of Budimex Danwood (the "Transaction"). Budimex owns 100% of the Budimex B shares.
The transaction remains neutral for the economic and financial position of Budimex SA and the Budimex Group and is associated with the reorganization of the Group in the area of non-core Budimex Group's companies.
The value of the transaction exceeds the sum of 10% of Budimex equity.