Budimex.pl

Current report no 80 / 2015

Date: November 16, 2015

Signing of an annex to the contractual guarantees agreement with TUiR WARTA SA

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.

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Shareholdership structure as on 20.05.2021

GPWKNFRespect IndexSEGWIG Budownictwo