Related Party Transaction • Jul 19, 2021
Related Party Transaction
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TheManagement Board of Berg Holding S.A. with its registered office in Katowice[Company, Issuer] in reference to the ESPI current report No 1/2021of January 5, 2021 on the conclusion by a jointly controlled companyof Farmy Fotowoltaiki S.A. ie Columbus&Farmy Sp. z o.o. [C&F] of thepreliminary contract for the acquisition of the photovoltaic project informsthat the Management Board of the subsidiary company of C&F ie FarmaF10Sp. z o.o. [Farma F10] with its registered office in Katowice,as a result of the performace of the preliminary agreement, concludeda promised contract for the purchase of a 2 x 0,85 MW photovoltaic powerplant project on a proprety located in Miejsce Piastowe, Podkarpackievoivodship [Miejsce Piastowe Project]. Under the mentioned agreementthe parties agreed that the transfer of title to ownership of theMiejsce Piastowe Project to Farma F10 will occur upon payment of the priceof PLN 300,000.Inthe opinionof the Issuer's Management Board, the information about signing theAgreement is confidential due to the fact that its implementation willhave a significant impact on the financial revenues of the Issuer's CapitalGroup.
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