Conclusion of a contract for design works and assembly and construction works

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Date of publication: 12.09.2019

The Management Board of PROCHEM S.A. seated in Warsaw (hereinafter „Issuer”) informs, that on September 12, 2019 concluded – as Contractor – with ANWIL S.A. seated in Włocławek – being Ordering Party – a contract for the design works and construction and assembly works of the OSBL infrastructure related to the project to expand fertilizer production capacity in ANWIL S.A.

The Issuers remuneration for performing the contract is PLN 282,5 million net. The remuneration is a lump sum and will be paid in instalments related to the progress of the works.
The parties set the deadline for performance of the contract (excluding as-built documentation) for August 31, 2021.

The Management Board of the Issuer’s company decided that the above information meets the criteria for confidential information specified in Art. 7 paragraph 1, 2 and 4 of MAR due to the value of the contract.