Conclusion by the Issuer of a significant agreement concerning the purchase of tankers for the transport of fuel

  • Report: 44/2022
  • Date of publication:30.09.2022 / 12:13
  • Pdf report

The Management Board of UNIMOT S.A. with its registered office in Zawadzkie (“the Issuer”) announces that on 30 September 2022 it concluded an agreement under which it will purchase new tankers with a total capacity of over 4,000 cubic metres intended for the transport of petrol or diesel oil (“Tankers”).

The Tankers will be delivered to the Issuer by 31 March 2023, and the purchase price of the Tankers is EUR 7,770,000 (i.e. PLN 37,838,346 converted at the average exchange rate of the National Bank of Poland as at the date of the agreement referred to above).

At the same time, the Issuer announces that this is the second agreement whose subject is the purchase of tankers intended for the transportation of petrol or diesel oil. To date, the Issuer has purchased tankers (including the Tankers referred to above) with a total capacity of over 8,000 cubic metres for a total amount of EUR 15,540,000 (i.e. PLN 75,676,692 converted at the average exchange rate of the National Bank of Poland as at the date of conclusion of the agreement referred to above).

The purchased Tankers constitute a significant addition to the Issuer Group’s logistics base and will be primarily used by the Issuer Group and, as far as possible, will be made available to external entities. The development of own rail resources will allow the Issuer Group to make its operations more flexible and increase the efficiency of liquid fuel trading.

The Issuer considered the above information confidential due to the significant total value of contracts concluded with one entity in the last 12 months, as well as the fact that the purchase of tankers will improve the logistic situation of the Issuer’s Group and reduce the risk of a possible lack of availability of transport organised by external carriers.

Legal basis:

Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR Regulation)

Persons representing the Company:

Filip Kuropatwa, Vice-President of the Management Board