2/2017 - Information on the conclusion of a contract with PKP PLK SA

The Management Board of Trakcja PRKiI S.A. ("the Company”, "the Issuer") hereby announces that the Company, acting as the Consortium Leader, concluded an Agreement with PKP PLK S.A. for the design and implementation of construction works as part of the project: "Work on the railway lines No. 140, 148, 157, 159, 173, 689, 691 at the section Chybie – Żory – Rybnik – Nędza / Turze" under the Operational Programme Infrastructure and Environment (POIiŚ) 5.2-5 amounting to net PLN 373.7 million (hereinafter "the Agreement"). The planned Issuer's share is net PLN 124.5 million. The works are to be completed within 30 months from the date of signing the Agreement.

The Issuer's Management Board has decided to publish this information, as the Issuer's share in the value of the Agreement constitutes an important item in the Issuer's portfolio of contracts to be completed on the railway market and its extension, and affects the maintenance of Issuer's current and future revenues and performance.

Legal basis:

Art. 17 MAR