The Article 17 item 1 of the MAR – confidential information.
The Board of Directors of the Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) (“The Issuer”, “The Company”), informs that on June 18, 2020, it received from a customer being one of the world’s leading companies in the field of compressors production, an order for the manufacture of containers used as mobile compression bases. Previously, the Company has developed a design of such a container along with its execution and a number of approvals and certifications required in this process.
The total value of received purchase order amounts approx. PLN 215,000.00.
The final deadline for completion of the contract is mid-September 2020.
The execution of individual purchase orders does not provide for the possibility of seeking contractual penalties.
Any other detailed purchase conditions and associated risks does not differ from those commonly used on the market for this kind of purchase orders.
The execution of the order in question will enable the Issuer to sign a 3-year framework agreement with the customer and execute much higher volumes of orders concerning the above mentioned containers.
The Board of Directors of the Issuer has decided to publish the above information due to the fact of starting operations in a new market segment on the basis of a new container developed by the Company, which may have a positive impact on the Issuer’s financial results in subsequent periods.
SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-06-18 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-06-18 Marcin Garus Deputy Chairman of the Management Boar