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Anticorrosive coatings
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Steel pipes
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Metallurgical products
General Terms of Sale
Current reports A A A
Concluding a significant agreement with Impexrur S.A.
Report no.: 29/2011
Date of issue: 2011-04-28
Legal basis: Art. 56 Clause 1 Item 2 of the Offering Act – current and periodic information.
SUBJECT:
Concluding a significant agreement with Impexrur S.A.
CONTENT OF THE REPORT:
Izostal S.A. (the Company) Management Board informs that on April 27, 2011 Izostal S.A. (the Seller) concluded another sales transaction for coated steel pipes with Impexrur S.A. with its registered seat in Sanok (the Buyer). In result of this transaction, the total value of the steel pipes sales/purchase contracts concluded by the Company with Impexrur S.A. from 05.01.2011 totaled PLN 14,427,970.14 (net).
In the reference period the highest value was contributed by the above mentioned sales transaction of coated steel pipes, concluded on April 27, 2011, to the amount of PLN 8,771,524.60 net. The terms of the transaction do not provide for contractual penalties and do not deviate from the ones used commonly for this type of agreements.
The transactions concluded with Impexrur SA in the above mentioned period of time satisfy the criterion of a significant agreement, as their total value exceeds 10% of the Company Equity.
Detailed legal background: §5 clause 1 item 3 of the Ordinance of the Minister of Finance of February 19, 2009 on current and periodic information disclosed by the issuers of commercial papers and the conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws No. 33, item 259, as amended).
SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, General Director Marek Mazurek 2011-04-28
Management Board Vice President, Commercial Director Jacek Podwiński 2011-04-28
INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer: IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange: Other industry
Address: 47-120 Zawadzkie Polna 3
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678