G-ENERGY SA (26/2018) Conclusion of the Agreement with the Gas Transmission Operator GAZ-SYSTEM S.A. with headquarters in Warsaw, Branch in Świerklany.

Legal attitude: Art. 17 para. 1 MAR - confidential information. & Lt; br / & gt; The Management Board of G-Energy S.A. (GENERGY, Company, Issuer) with its registered office in Warsaw informs that today, ie on 29.10.2018, it received a notification about the signing of the Agreement regarding the task execution of construction works in the scope of reconstruction of SRP I and II st. Grodków Warszawska, case reference number NP / 2018/09/0663 / SWI between the Gas Transmission Operator GAZ-SYSTEM SA with its registered office in Warsaw, Branch in Świerklany, and the Issuer, with the expected signing of which GENERGY reported in the current report ESPI 20/2018 dated 13 October 2018. & Lt; br / & gt; The subject of the order is: Execution of construction works for the task & quot; Performing construction works in the scope of remodeling of the 1st and 2nd level SRP Grodków Warszawska & quot; & Lt; br / & gt; The company will be entitled to a remuneration of PLN 1,450,000 net. This amount will be increased by the VAT tax due. The gross price will be PLN 1 783 500 00 PLN & Lt; br / & gt; The deadline for completing the Order - 12 months from the date of conclusion of the Agreement. & Lt; br / & gt; The Ordering Party is entitled to demand payment of contractual penalties for non-performance of Tasks / Tasks covered by a given Order within the time specified in the Order as the date of preparation of the construction and execution design, technical acceptance deadline or final acceptance due to reasons attributable to the Contractor. The Ordering Party is entitled to demand from the Contractor the payment of contractual penalties, in particular: for each day of delay in returning the subject of the Agreement in relation to the date specified in the Agreement - 0.1% of the Net Remuneration specified in the Agreement, due to delay in removal of defects within the dates set by the Ordering Party - 0.1% of net remuneration, for each day of delay in conducting a warranty review during the warranty period - 0.1%, for withdrawal from the Agreement by any party for reasons attributable to the Contractor (Issuer) 20% of gross remuneration. & Lt; br / & gt; legal basis: & lt; br / & gt; Article 17 para. 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the Market Abuse Regulation) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003 / 124 / EC, 2003/125 / EC and 2004/72 / EC (also known as MAR). & Lt; br / & gt;

Source: company website, investor relations, current and periodic reports.

Company information
Company name:G-Energy SA
Adress: Al. Ujazdowskie 18 lok. 10 00-478 Warszawa
Phone:+48 22 2478453

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