The Management Board of Unibep SA (Company, Issuer) informs that on 3 September 2020, following the publication of the semi-annual report for the first half of 2020 containing information on business activity conducted in the first half of 2020 and business environment for individual segments of the Unibep Capital Group, the Supervisory Board of Unibep SA issued a directional recommendation to the Management Board of the Company on the commencement of the process of analysing business prospects for modular construction segment in the Unibep Capital Group.
The Management Board of Unibep SA (Company, Issuer) informs about signing on 2 September 2020 of an agreement for implementation of construction works in the general contracting system in the area between the streets of Motowa, Herbu Oksza, and Quo Vadis in Warsaw (Agreement) as part of the project called URSA SKY (Investment). The investment is a joint construction project involving implementation of a complex of multi-family buildings and accompanying services and infrastructure, which will be conducted with entities belonging to the CPD Capital Group (CPD Group).
The Management Board of Unibep SA (Issuer, Company) informs that on 1 September 2020 concluded an agreement for implementation as a general contractor of a road investment called "Implementation of the national road No. 53 on the Szczytno - Olszyny section" (Investment). The ordering party is the State Treasury - General Directorate for National Roads and Motorways, branch in Olsztyn.
The Management Board of Unibep SA (Issuer) informs that on 27 August 2020 signed an agreement for implementation of a residential investment in general contracting system at Iwicka Street in Warsaw (Agreement).
With reference to the current report No. 13/2017 informing about the conclusion by the consortium of companies (Consortium) of UNIBEP SA (Consortium Leader, Issuer, Company) and Most Sp. z o.o., (Member of the Consortium) with the Podlaskie Voivodeship, i.e. Podlaskie Voivodeship Road Authority in Białystok (Ordering Party) of an agreement (Agreement) for implementation of the investment called "Construction and extension of the provincial road No. 673 with road engineering facilities and the necessary technical infrastructure along the Dąbrowa Białostocka - Sokółka section, including bypasses of towns and villages" (Investment); current report No. 14/2018 on Consortium's withdrawal from the Agreement participated by the Issuer; and the current report No. 20/2018, informing about the submission by the Ordering Party of a declaration of withdrawal from the Agreement. As well as, with reference to information on the events related to the dispute between the Consortium and the Ordering Party presented on the basis of subsequent periodic reports for the reporting periods in 2018-2019, including in particular, annual reports for 2018 and 2019, the Management Board of UNIBEP SA informs about the receipt on 14 August 2020 of information about the submission by the Ordering Party to the competent court of a pleading extending the claim, under which the Ordering Party demands the Issuer to pay the contractual penalty in the amount of approx. PLN 8.3 million for withdrawal from the Agreement, with a demand for additional compensation on behalf of the Ordering Party exceeding, in the Ordering Party's opinion, the value of the above-mentioned contractual penalty, i.e. an amount of approx. PLN 104 million. As of the date of this current report, the Issuer has been waiting for the delivery of the above pleading by the Court.
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