Budimex.pl

Current report no 4 / 2017

Date: January 25, 2017 4:13 PM

Signing of an annex to the agreement for contractual guarantees with TUiR Allianz Polska SA

 

The Management Board of Budimex SA notifies that on 25 January 2017 it was informed about TUiR Allianz Polska SA signing an annex to the agreement on granting contractual insurance guarantees under the revolving limit of 8 October 2007. Information on the agreement was contained in current reports No 49 of 23 July 2013, No 98 of 11 December 2014 and No 89 of 29 December 2015.

Under the annex, the effective term of the agreement has been extended until 30 November 2017 and the limit to which Budimex may request issuance of a guarantee has been increased to the amount of PLN 150,000,000 (say: one hundred fifty million zloty).

Other significant terms and conditions remain unchanged.


10 blank promissory notes with promissory note declarations secure the payment of Budimex liabilities under the agreement.

 

The value of the agreement exceeds the threshold of PLN 102,680 thousand.

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Shareholdership structure as on 20.05.2021

GPWKNFRespect IndexSEGWIG Budownictwo