HERKULES SA (11/2018) Conclusion of contracts with Warbud S.A. on the total value of a significant contract

Board of Herkules S.A. (Issuer, Company) informs that from August 14, 2017 until March 5, 2018 between the Issuer and Warbud S.A. with a registered office in Warsaw, a total of 8 agreements were signed, for a total value of PLN 11.0 million. The subject matter of all concluded contracts is the rental of tower cranes together with their comprehensive service. The contract with the highest value is a contract for the rental of 3 tower cranes to support the construction of the Varso Tower high rise building in Warsaw. The duration of this contract has been defined for 20 months, and its estimated value is PLN 4.8 million. The terms of the agreement do not differ from those commonly used in this type of contracts. At the same time, the Board of Directors Herkules S.A. (Issuer, Company) in reference to Current Report No. 126/2017 of 6 December 2017, informs that on March 5, 2018, the Company received a signed agreement with Warbud SA, the subject of which is the rental of 2 tower cranes together with their comprehensive service for the Skyliner Skyscraper in Warsaw. The duration of the contract was set at 22 months, and its estimated value is PLN 3.4 million. Legal basis: art. 17 sec. 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (regulation on market abuse) and repealing Directive 2003/6 / EC, 2003/124 / EC, 2003 / 125 / EC and 2004/72 / EC.

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

Company information
Company name:Herkules SA
Adress: ul. Annopol 5 03-236 Warszawa
Phone:+48 22 3318260

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