ORLEN Deutschland has signed the agreement with Lekkerland Deutschland
No. 20/ 2015  | 10-02-2015


Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 10 February 2015 ORLEN Deutschland GmbH (“ORLEN Deutschland”) signed an agreement with Lekkerland Deutschland GmbH & Co. KG (“Lekkerland Deutschland”). On the base of the agreement Lekkerland Deutschland delivers to gas stations of ORLEN Deutschland goods and services from the non-fuel categories in the period of 1 February 2015 until 31 January 2018.

Estimated net value of the agreement in the whole contractual period amounts to EUR 780 million, i.e. PLN 3 277 m based on EUR/PLN average exchange rate as of 10 February 2015, stated by the National Bank of Poland.

In accordance with the “Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information to be published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state” the abovementioned agreement constitutes a “significant agreement” due to the fact that its value exceeds 10% of PKN ORLEN’s equity.

PKN ORLEN owns 100% of the registered capital of ORLEN Deutschland.

 


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