Shareholdership structure as on 20.05.2021
The Management Board of Budimex SA reports that on 16 November 2015 the company was informed about the signing by Towarzystwo Ubezpieczeń i Reasekuracji WARTA SA of an annex to the agreement on granting contractual insurance guarantees. The conclusion of the agreement was announced by the company in current report No 71/2013 dated 6 November 2013.
Pursuant to the annex, the limit to which the company can order Towarzystwo Ubezpieczeń i Reasekuracji WARTA SA to issue insurance guarantees has been increased from the amount of PLN 110,000,000 (say: one hundred ten million) to PLN 200,000,000 (say: two hundred million) and the term of the agreement has been prolonged until 23 October 2016.
Other provisions of the Agreement remain unchanged.
The value of the agreement exceeds 10% of the equity of Budimex SA.