With reference to Current Report No. 9/2018 of March 1, 2018, the Management Board of Izostal S.A. (The Company, the Contractor) informs that on March 28 2018 Izostal S.A. as the leader of the consortium (composed of: Izostal S.A. and Stalprofil SA), he was informed about the second-party signing of a partial contract with Gaz-System Przesyłowych Operator Gaz-System S.A. with headquarters in Warsaw (Ordering Party). The partial agreement will be implemented as part of the framework agreement, about which the Company informed in current report No. 15/2015 dated 17 April 2015. br> br> The subject of the partial contract is the production, sale and supply of externally insulated and internally painted steel pipes for the investment task carried out by the OGP Gaz-System S.A. - DN 1000 gas pipeline Pogórska Wola - Creation - purchased 1 with a length of about 41 km. Br> The value of the partial contract is PLN 70,901 thousand. PLN net, which is 87,208,000 PLN gross. Br> The Contractor will implement the subject of the partial contract from September 1, 2018 to January 31, 2019. br> The detailed conditions under which the aforementioned partial agreement will be implemented, including a description of contractual penalties, were specified in the framework agreement, about which the Company informed in current report No. 15/2015 dated 17 April 2015. br> < / br> The Management Board of the Company considers the described contract to be significant due to its high value. The implementation of the aforementioned agreement will have an impact on the Company's revenue growth. Br>
Source: company website, investor relations, current and periodic reports.