Brief: Newag Signs Annex Upping Deal's Value To 144.2 Mln Zlotys

Newag SA

05/01/2024 11:26

Jan 5 (Reuters) - Newag SA  NWGP.WA :
    * SIGNS ANNEX TO DEAL WITH OLAVION
    * SUBJECT OF SAID ANNEX IS EXERCISE BY OLAVION OF OPTION TO
ORDER
ADDITIONAL FOUR LOCOMOTIVES
    * ESTIMATED VALUE OF SAID OPTION IS 75.0 MILLION ZLOTYS NET
    * AS RESULT OF EXERCISING RIGHT OF OPTION, ESTIMATED VALUE
OF DEAL
INCREASES TO 144.2 MILLION ZLOTYS NET
    * DELIVERIES OF LOCOMOTIVES COVERED BY OPTION TO BE CARRIED
OUT IN
2025-2026

Source text for Eikon:  ID:nEMbp34K3a 
Further company coverage:  NWGP.WA  UNTP.WA 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; 48 58 769 66 00;))