31.03.2011
Conclusion of an agreement to purchase steel products
On 31 March 2011 Stalprofil SA (buyer) entered into another commercial agreement with a foreign supplier of finished and semi-finished steel products Metinvest INTERNATIONAL S.A. (seller) based in Geneva (Switzerland). The contract covers supply of steel products (plates) offered by the seller for Stalprofil SA.
The total value of purchases of finished and semi-finished steel products, made by Stalprofil SA,from the contractor in the past 12 months exceeded 10% of the value of the issuer\'s equity and amounted to 26,934 thousand PLN net (including this transaction concluded on 31 March 2011).
The highest-value entered into with the contractor during the above period was the deal on the purchase by Stalprofil SA of steel products (plates), concluded on 27 September 2010, value amounting to 9,970 thousand PLN.
Financial terms of the agreement are similar to those commonly used for this type of agreement.
Contained in the past 12 months, purchases of goods and semi-finished steel from the contractor meet the criterion of a significant agreement because their total value exceeds 10% of the equity of the issuer.
The total value of purchases of finished and semi-finished steel products, made by Stalprofil SA,from the contractor in the past 12 months exceeded 10% of the value of the issuer\'s equity and amounted to 26,934 thousand PLN net (including this transaction concluded on 31 March 2011).
The highest-value entered into with the contractor during the above period was the deal on the purchase by Stalprofil SA of steel products (plates), concluded on 27 September 2010, value amounting to 9,970 thousand PLN.
Financial terms of the agreement are similar to those commonly used for this type of agreement.
Contained in the past 12 months, purchases of goods and semi-finished steel from the contractor meet the criterion of a significant agreement because their total value exceeds 10% of the equity of the issuer.