POLWAX SA (31/2017) Reconciliation of significant conditions for concluding the contract for 2018.

The Management Board of Polwax S.A. ("Company", "Issuer") informs that on December 29, 2017 agreed with Jeronimo Martins Polska S.A. based in Kostrzyn ("JMP") significant conditions for the conclusion of the contract for 2018. Initially agreed trade terms, volumes and design of candlesticks. The above preliminary arrangements will allow to determine the final volumes in the near future to the contract , which will be communicated by the Company at the time of concluding the final agreement defining the final terms of cooperation. Therefore, the Management Board of the Company informs that the estimated turnover with JMP as part of the arrangements will amount to PLN 70 million in 2018. In view of the above, the Issuer decided to publish the report. The Management Board of the Company assessed that the circumstances described above could have a significant impact on the price of the Company's shares. Detailed legal basis: Art. 17 sec. 1 MAR - confidential information.

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

Company information
Company name:Polwax SA
Adress: ul. 3-go Maja 101 38-200 Jasło
Phone:+48 13 4466241

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