Brief: Bogdanka Signs Annex With Grupa Azoty For Sale Of Thermal Coal

Grupa Azoty Zaklady Azotowe Pulawy SA

29/12/2023 13:57

Dec 29 (Reuters) - Lubelski Wegiel Bogdanka SA
 LWBP.WA :
    * SIGNS ANNEX TO DEAL WITH GRUPA AZOTY FOR SALE OF THERMAL
COAL
    * ANNEX CONCERNS MULTIANNUAL DEAL WITH GA ZAKLADY AZOTOWE
PULAWY
    * UNDER ANNEX NEW DEADLINES FOR  POSTPONED DELIVERIES FROM
2022
AND 2023
    * PARTIES SET ANEW VOLUMES OF DELIVERIES IN 2024-2026
    * PARTIES HAVE ALSO AGREED ON PRICE OF COAL DELIVERIES IN
2024 AND
EXTENDED MULTIANNUAL DEAL TILL END OF 2028
    * ESTIMATED VALUE OF MULTIANNUAL DEAL FOR 2024-2028 TO
AMOUNT TO
1.20 BILLION ZLOTYS NET
    * FOLLOWING ANNEX ESTIMATED VALUE OF DEAL FROM ITS
CONCLUSION
UNTIL DEC. 31, 2028 SET AT TOTAL OF  2.85 BILLION ZLOTYS NET

Source text for Eikon:  ID:nEM7XcwDFa 
Further company coverage:  LWBP.WA 

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