With reference to the report no. 12/2020 of 13 March 2020 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 10 June 2020 by Stalexport Autostrada Małopolska S.A. (hereinafter referred to as: SAM S.A.) with its registered office in Mysłowice (a 100% subsidiary of Stalexport Autostrady S.A.), that acting in accordance with the Concession Agreement described below, the Management Board of SAM S.A. had adopted a resolution regarding the extension until 30 September 2020 of the period of preferential toll rates validity for automatic payments at the A4 motorway Katowice-Kraków.
Accordingly from 1 July to 30 September 2020 will apply the following toll rates for electronic toll collection A4Go and Telepass, as well as for videotolling:
The abovementioned tolls will apply at each of the two toll plazas.
Maintaining preferential toll rates for automatic payments is related to the pursuit of SAM S.A. to further popularize these methods of payments and to increase the number of - safer during the pandemic - non-cash transactions.
The toll rates for other methods of payment will not change from 1 July 2020 and will amount to the following:
Revenue from toll collection amounts to approx. 99% of revenues of Stalexport Autostrady S.A. Capital Group recognized in the consolidated financial statement for the 1Q 2020 The share of automatic transactions in the total number of toll transactions at the end of May 2020 amounted to approx. 25.3%.
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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