Selection of the offer of the Company Izostal S.A. as one of the most advantageous in the proceedings aimed at concluding Framework Agreements in the scope of pipe deliveries for investment tasks performed by OGP Gaz-System S.A. - Parts no. 1, 2, 3 and 4

Legal basis: Art. 17 Clause 1 MAR - confidential information.
 
CONTENT OF THE REPORT:
On 19 July 2019, Izostal S.A. learned about the selection by OGP Gaz-System S.A. with its registered office in Warsaw (the Employer), of an offer submitted by the Izostal S.A. as one of the six most advantageous in proceedings aimed at concluding Framework Agreements in the scope supply of pipes for investment tasks performed by OGP Gaz-System S.A. - Parts No. 1, 2, 3 and 4. Number of proceedings: ZP/2018/11/0101/PI.

The subject of executive contracts awarded under the Framework Agreements will be:
- for part No. 1: delivery of brand new, insulated externally and internally painted (optionally laminated) steel pipes with a diameter of DN1000;
- for part No. 2: delivery of brand new, insulated externally and internally painted (optionally laminated) steel pipes DN700;
- for part No. 3: delivery of brand new, insulated externally and internally painted (optionally laminated) steel pipes DN 500;
- for part No. 4: delivery of brand new, insulated externally and internally painted protection pipes with diameters from DN700 to DN1200.

On the basis of the concluded Framework Agreements, the Employer provides for the delivery of pipes, with a total length of approximately 1,707 km, for investment tasks performed by OGP Gaz-System S.A.

The Contracting Authority stated that it intended to spend PLN 3.435.580 thousand gross to finance Framework Agreements.

The Contracting Authority states that it will conclude Framework Agreements for a period of 8 years from the date of their conclusion.

The Company will inform about the conclusion of Framework Agreements with OGP Gaz-System S.A. and relevant terms contained in these Agreements in a separate current report.

After signing the Framework Agreements, the Employer will issue executive orders. The contractor of the implementation order will be selected as a result of the call for tenders. The only criterion for the evaluation of offers submitted as a result of the call for tenders will be the gross price.

The Management Board of the Company considers the information described as significant due to the high value of the above Framework Agreements. Possible implementation of Partial Agreements concluded under the Framework Agreements in question may have an impact on the increase in revenues of the Company.
 

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2019-07-19
Management Board Vice President, Michał Pietrek  2019-07-19

INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A.
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-113 Kolonowskie, Opolska 29
Telephone: +48 77 405 65 00
Fax: +48 77 405 65 01
e-mail: info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678