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Conclusion of a significant contract by the Company: a preliminary contract of sale of a Real estate in Piastów and movables present on its premises
The Management Board of Centrum Klima S.A. with its registered office in Piastów (hereinafter referred to as "the Company") announces to the public that yesterday (1.07.2010) the Company concluded with "MULTIDEKOR" G. Podogrocki, T. Podogrocki general partnership with its registered Office in Reguły, registered under the National Court Register number KRS 0000099133 (hereinafter referred to as "the Buyer") a preliminary contract of sale (hereinafter referred to as "the Contract") of a Real Estate being a built-up plot marked in the register of land no. 276/1 (two hundred seventy six stroke one), with the area of 9969 m2 (nine thousand nine hundred sixty nine square metres), located in the Mazowieckie province in Pruszkowski district in Piastów at ul. Noakowskiego no. 4, (hereinafter referred to as "the Real Estate") and the movables present on the premises of the Real Estate, detailed in Annex No. 2 to the Contract (hereinafter referred to as "the Movables").
On the basis of the present Contract the Parties agree to conclude the final contract of sale (hereinafter referred to as "the Final Contract of Sale") pursuant to which the Company shall sell the Buyer free from any encumbrances the Real Estate and the Movables for the net price of PLN 10.400.000 (ten million four hundred thousand), increased by the tax Value Added Tax due, giving a total gross amount of PLN 12.688.000 (twelve million six hundred eighty eight thousand), and the Buyer shall buy the Real Estate and the Movables for this price.
The Real Estate consists of the land, an administrative building, a porter's lodge, a production building (a joinery), a warehouse hall constructed of steel, a warehouse hall (built up), a social-office annex, a storehouse for profiles, a warehouse-production hall with a shelter, two containers for precipitation water and parking lots.
The Parties agreed on the net price for the individual aforementioned elements of the Real Estate amounting to a total of PLN 10.200.000 net and the price of the Movables amounting to PLN 200.000 net.
The Parties agreed that the Buyer shall pay the Company until 05.07.2010 a net amount of PLN 1.000.000 (one million), that is a gross amount of PLN 1.220.000 (one million two hundred twenty thousand) as an advance payment as understood by Article 394 of the Civil Code. The advance payment shall be recognized against the price on the day of concluding the Final Contract of Sale. The remaining part of the price shall be paid by the Buyer until 20.01.2011 in part from the Buyer's own financial resources and in part from resources obtained from a bank loan.
The Parties agreed that the Final Contract of Sale shall be concluded on 17.01.2011 at the time appointed by the Company in the notary's office in which the Contract was concluded.
The Parties agreed that the Real Estate and the Movables shall be passed over to the Buyer until 27.01.2011.
The following contractual fines in favour of the Company were reserved in the Contract:
a) A contractual fine due in favour of the Company if, as a result of the Buyer not paying the Advance payment within 7 days from the conclusion of the Final Contract of Sale, the Company withdraws from the Contract, and the Buyer does not submit to the Company, in a form required by the law, a consent to remove from the III section of the real estate register kept for the Real Estate a claim placed there due to the request included in the Contract, or does not withdraw this request within 14 days from the day of delivery of the statement concerning the withdrawal from the Contract to the Buyer; the contractual fine due in favour of the Company amounts to PLN 10.000 for each day of delay in the delivery of the consent;
b) A contractual fine due in favour of the Company if, as a result of not concluding the Final Contract for reasons attributable solely to the Buyer, the Company withdraws from the Contract until 31.12.2011, and the Buyer does not submit to the Company, in a form required by the law, a consent to remove from the III section of the real estate register kept for the Real Estate a claim placed there due to the request included in the Contract, within 14 days from the day of delivery of the statement concerning the withdrawal from the Contract to the Buyer; the contractual fine due in favour of the Company amounts to PLN 10.000 for each day of delay in the delivery of the consent.
The Contract does not introduce the upper limit of the aforementioned contractual fines, on account of which each of the aforementioned contractual fines can potentially exceed the equivalent of at least 10% of the Contract value.
Payment of the aforementioned contractual fines excludes the entitlement of the Company to claim damages on account of violation of the obligations described in respective sections a) and b) above exceeding the amount of these fines.
The Contract was recognized as significant since the value of its subject matter exceeds 10% of the equity capital of the Company.
Legal basis:
Article 56 section 1 item 2 of the Public Offering Act - current and periodic information pursuant to § 5 section 2 item 3 of the Minister of Finance Regulation of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent. |