INVEST IN TALEX

INVESTORS

Current report no. 8/2012

Date of issue: 2012-03-30

Name of issuer: TALEX

Subject: Concluding an agreement with State Forests (Polish: Lasy Państwowe, full name: Państwowe Gospodarstwo Leśne "Lasy Państwowe", The State Forests National Forest Holding)

Legal basis: Art. 56 (1) (2) of the Act of 29th July 2005 on public offerings - current and periodic information

The contents of the report:

Management of Talex S.A. informs that today the Company has received information on the conclusion of the agreement with the State Treasury represented by the State Forests. The subject of the agreement is the delivery of software with the maximum total gross value of PLN 7.9 million.

The agreement will be implemented based on the orders given by the contracting authority; their value, defined in the agreement, is the approximate value.

The agreement provides for the following penalties:

  • for termination of the agreement by the contracting authority for reasons attributable to the contractor, amounting to 10% of the agreement value,
  • for untimely execution of the subject matter of the agreement (delivery), amounting up to
  • 0.5% of the value of the unrealized part of the agreement for each day of delay,
  • for loss of the contractor's authority necessary for the performance of the agreement, amounting up to 0.1% of the agreement value.

Payment of the penalties does not preclude claims for damages exceeding the amount of these penalties.

The criterion for the recognition of the agreement as significant: the amount of equity.

 

 TALEX SA declares that corporate documents and financial reports are published in English for information purposes only. TALEX SA is not liable for the accuracy of the translation of the original documents in Polish. The original versions of that documents are available at the management board office in Poznań, Karpia Street 27d.

Talex S.A.

ul. Karpia 27d
61-619 Poznan, Poland
tel. +48 61 827 5500
fax: +48 61 827 5599


KRS: 0000048779
NIP: 782-00-21-045
Regon: 004772751
Shared capital: PLN 3 000 092



Talex S.A., Talex S.A.
Talex S.A.

ul. Karpia 27d
61-619 Poznan, Poland
tel. +48 61 827 5500
fax: +48 61 827 5599


Registered: 0000048779
IN VAT: 782-00-21-045
Regon: 004772751
Shared capital: PLN 3 000 092