Execution of an Agreement for the Transfer of the Title to Real Properties and Movables and the Perpetual Usufruct Right to Real Properties with Forespo Poland S.A.

With reference to Current Report No. 13/2021 of 7 June 2021, the Management Board of PKP CARGO S.A. (“Company”, “PKP CARGO”) hereby reports that earlier today it entered into an Agreement for the Transfer of the Title to Real Properties and Movables and the Perpetual Usufruct Right to Real Properties (“Agreement”) with Forespo Poland S.A. (“Forespo”).

Due to the fulfillment of all conditions precedent, in the performance of the obligation arising out of the Conditional Purchase Agreement and the Conditional Preliminary Purchase Agreement of 16 June 2021, PKP CARGO acquired from Forespo the perpetual usufruct right and the title of ownership to the seven Real Properties covered by the transaction, located in Gniewczyna Łańcucka. Together with the title of ownership and the perpetual usufruct right to the Real Properties, the Company acquired the buildings, structures and remaining infrastructure located on the Real Properties. The Agreement also provides for the acquisition of Movable Properties by PKP CARGO.

The total final gross purchase price of the real properties and movables covered by the Agreement is EUR 7,380,000.00..

Legal basis:
Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council on Market Abuse).