G Energy Spolka Akcyjna

M&A Activity • Sep 29, 2020

Announcement of G-Energy's offers as the most advantageous in anon-public open tender procedure (area of operation of the Będzin andSosnowiec gas plants).Management Board of G-Energy S.A. (GENERGY,the Company, the Issuer) with its registered office in Warsaw informsthat today the Company has been notified that it has obtained themaximum number of points in the second stage of non-public proceedingsconducted in the form of an open tender for awarding a contract for thetask: FRAMEWORK AGREEMENT - Design and construction of gas connectionsconsumption up to 10 m³ / h from the existing gas pipelines at PolskaSpółka Gazownictwa Sp. z o. o. Branch Zakład Gazowniczy in Zabrze -divided into 7 lots. ". Reference number: 2020 / W100 / WNP-027806.TheIssuer presented the most advantageous offers for the following parts:Area No. 1: the area of ​​operation of the Gasworks in Będzin, coveringthe city of Dąbrowa Górnicza, the city of Sławków; Area No. 2: the areaof ​​operation of the Gas Plant in Będzin, covering the city of Będzin,the Psary commune, the city of Wojkowice; Area No. 33: the area of​​operation of the Gasworks in SosnowiecThe subject ofthe contract are tasks consisting in the design and construction of PEmedium and low pressure gas pipelines in the diameter range from DN 32to DN 160 with gas connections in the diameter range from DN 25 to DN 63and the design and construction of PE medium and low pressure gasconnections in the scope of diameters from DN 25 to DN 63 with gaspoints with bellows gas meters from GM10 to GM40 related to theconnection of new customers in the area covered by Polska SpółkaGazownictwa sp. z oo Branch Zakład Gazowniczy in Zabrze The subject ofthe contract was divided into Areas (parts of the Order).Theframework agreement concluded between the parties will be valid for aperiod of 24 months from the date of its signing or until theremuneration due to the Issuer is exhausted.GENERGY will be entitledto remuneration in the amount of at least: Area No. 1: area of​​operation of the Gas Plant in Będzin, including the city of DąbrowaGórnicza, the city of Sławków - PLN 1,000,000.00 net; Area No. 2: thearea of ​​operation of the Gas Plant in Będzin, covering the city ofBędzin, the Psary commune, the city of Wojkowice - PLN 1,750,000.00 net;Area no. 33: area of ​​operation of the Gas Plant in Sosnowiec - PLN950,000.00 net. The total remuneration will be at least 3,700,000 (threemillion seven hundred thousand zlotys) net. This amount will beincreased by the due tax on goods and services (VAT).Currently, theIssuer is after Stage II - price negotiations, in which he obtained themaximum amount of 100 points.The contracting authority stipulatedthat no protest or appeal may be lodged.Legal basis:Art.17 sec.1 of the Regulation of the European Parliament and of the Council (EU)No 596/2014 of April 16, 2014 on market abuse (market abuse regulation)and repealing Directive 2003/6 / EC of the European Parliament and ofthe Council and Commission Directive 2003 / 124 / EC, 2003/125 / EC and2004/72 / EC (also known as MAR).