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![Anticorrosive coatings](/gfx/izostal2/_thumbs/en/corekategorie/136/iz_antyk,mn184GejllrYo7DjVJ2o.jpg)
Anticorrosive coatings
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Steel pipes
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Metallurgical products
General Terms of Sale
Current reports A A A
Conclusion of a significant contract.
Report no.: 43/2011
Date of issue: 2011-08-19
Legal basis: Art. 56 Clause 1 Item 2 of the Offering Act – current and periodic information.
SUBJECT:
Conclusion of a significant contract.
CONTENT OF THE REPORT:
The Management Board of Izostal S.A. (Company) informs that on August 18, 2011 the Company finalized another steel products purchase transaction with Stalprofil SA seated in Dąbrowa Górnicza. As a consequence of this transaction the total value of the contracts concluded by the Company with Stalprofil S.A. and its subsidiaries calculated since June 6, 2011 (current report no. 40/2011) has exceeded 10% of Company's equity and amounted to PLN 12,935,222.27 (net).
In the above-mentioned period, the contract of the greatest value was the steel products purchase transaction with Stalprofil S.A. on July 28, 2011, of the net value of PLN 2,432,278,07. The terms and conditions of the transaction do not provide for any contractual damages and they do not differ from the conditions applied typically for such contracts.
The transactions with Stalprofil S.A. and its subsidiaries concluded in the above-mentioned period meet the significant contract criterion as their aggregate value exceeds 10% of Company's equity.
Specific legal basis: § 5 cl. 1 item 3 of the regulation of the Minister of Finance of February 19, 2009 on current and periodic information provided 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 2011-08-19
Management Board Vice President, Commercial Director Jacek Podwiński 2011-08-19
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