| | POLISH FINANCIAL SUPERVISION AUTHORITY | |
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| | | UNI - EN REPORT No | 6 | / | 2012 |
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| | Date of issue: | 2012-03-29 | | | | | | | | |
| | Short name of the issuer | | | | | | | |
| | KSG AGRO S.A. | |
| | Subject | | | | | | | | | | |
| | Signing agreements between KSG Agro and Polish Energy Partners | |
| | Official market - legal basis | | | | | | |
| | Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieї№ce i okresowe
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| | Unofficial market - legal basis | | | | | |
| | Contents of the report: | | | | | | | | |
| | The Board of Directors of KSG Agro S.A. (the "Company") is pleased to inform, that on the 29th of March, 2012 there were two agreements between the Company and Grupa PEP – Uprawy Energetyczne Sp. z o.o. subsidiary of PEP (“Grupa PEP"), with its registered seat in 169 Wiertnicza str, 02-952, Warsaw, Poland, signed.
1. License agreement, according to which Grupa PEP will provide the Company with the technical know-how on implementing technological line and equipment supply for the energy pellet production factory. Such license will allow the Company to build energy pellet production factory with the processing capacity of 90 000 tonns of straw annually. According to the agreement the Company will pay to Grupa PEP license fee.
2. Energy Pellet Supply agreement. According to this agreement the Company will supply Grupa PEP with the energy pellets, produced from straw. Since the factory will start operations in autumn 2012, this year KSG Agro will supply to Grupa PEP around 15 000 tonns of pellets, produced on this factory. The guaranteed supply will start from January 1st, 2013 and finish in 2019 if parties won’t agree other terms. Annual quantity of the guaranteed supply has to be not less 50 000 tonns.
Legal grounds: Article 56.1 of Polish Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies, and Article 14 of the Luxembourg law of 11 January 2008 relating to the transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market.
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| | Annexes | | | | | | | | | | |
| | File | Description | |
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+0,17% +0,74gr
-0,30% -1,19gr
