The Management Board of Stalexport Autostrady S.A. with its registered office in Mysłowice (hereinafter referred to as: the Issuer) informs that it was informed on 2 December 2019 by a company being a party to the Concession Agreement, Stalexport Autostrada Małopolska S.A. (hereinafter referred to as: SAM S.A.) with its registered office in Mysłowice (a 100% subsidiary to Stalexport Autoroute S.à r.l. with its registered office in Luxembourg, which is, in turn, a 100% subsidiary of Stalexport Autostrady S.A.), that the Management Board of SAM S.A. had adopted a resolution on the introduction of preferential toll rates for automatic payments (A4Go, Autopay, Telepass) at A4 motorway Katowice-Kraków from 1 January 2020 to 31 March 2020 at least:
The abovementioned tolls will apply at one toll plaza.
The introduction of preferential toll rates for automatic payments is connected with the pursuit of SAM S.A. to improve the capacity of toll plazas.
The toll rates for other methods of payment will not change from 1 January 2020 and will amount to the following:
Revenue from toll collection amounts to approx. 99% of revenues of Stalexport Autostrady S.A. Capital Group recognised in the consolidated financial statements for the three quarters of 2019. The current share of automatic transactions in the total number of toll transactions amounts to approx. 17.5%.
The Concession Agreement referred to above means the agreement of 19 September 1997 (concluded originally by the Issuer and the Minister of Transport and Maritime Economy) for the construction of A-4 motorway in the section Katowice (Murckowska junction, km 340.2) - Kraków (Balice junction, km 401.1) with a length of 60.9 km, by adaptation to Toll Motorway requirements and operation of the motorway in that section, changed by subsequent amendments, and the rights and obligations under the Agreement were fully transferred on 28 July 2004 from the Issuer to Stalexport Autostrada Małopolska S.A., about which the Issuer informed in current report no. 59 of 29 July 2004.
Art. 17 sec. 1 of the Regulation of the European Parliament and of the Council UE No. 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.
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