03.02.2012
Conclusion of trade agreement with Izostal SA
On 3th February 2012 Stalprofil SA signed a trade agreement with its subsidiary Izostal SA in Zawadzkie, whose purpose is sale of steel products by Stalprofil SA to the company Izostal SA.
Following the conclusion of this transaction, the total value of contracts concluded by Stalprofil SA with the contractor during the period from 29.09.2011 to 03.02.2012 (ie from the date of publication of the current report no. 20/2011) exceeded 10% of the Company\'s equity and amounted to 31 726 thousand PLN.
Agreement with the highest value given in that period between the parties is the sales contract concluded on 3th February 2012, under which Stalprofil SA until 30th March 2012 will provide for Izostal SA steel products with a value of 17 123 thousand PLN.
Terms of the contract (transaction) does not provide for penalties and does not differ from those commonly used for this type of agreement.
Agreements entered into with the contractor meet all criteria of a significant agreement because their total value exceeds 10% of the equity of the issuer.
Following the conclusion of this transaction, the total value of contracts concluded by Stalprofil SA with the contractor during the period from 29.09.2011 to 03.02.2012 (ie from the date of publication of the current report no. 20/2011) exceeded 10% of the Company\'s equity and amounted to 31 726 thousand PLN.
Agreement with the highest value given in that period between the parties is the sales contract concluded on 3th February 2012, under which Stalprofil SA until 30th March 2012 will provide for Izostal SA steel products with a value of 17 123 thousand PLN.
Terms of the contract (transaction) does not provide for penalties and does not differ from those commonly used for this type of agreement.
Agreements entered into with the contractor meet all criteria of a significant agreement because their total value exceeds 10% of the equity of the issuer.