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Significant contract

Report number: RB 02/2009   Report created: 2009-01-13  



The Board of Directors of ALMA MARKET SA hereby announces that on day January 12, 2009 the Company has signed a contract with Neinver Polska Sp. z o.o. with its registered seat in Warsaw. Subject of the contract is renting a place in Futura Park shopping centre in Krakow, for ALMA Delicatessens store.

Lease agreement has been concluded for 10 years period starting on the day of the opening of the centre. Value of the contract for rental period will amount about 24.5 mln PLN.
 
The contract includes forfeits for preterm contract dissolution and forfeits for disobeying contract’s conditions. Forfeits can exceed 200 000 EUR. Eventual forfeit payment does not exclude lessor’s right to claim for compensation for detriment, in part exceeding the amount of stipulated forfeits.
 
The criteria for recognizing the contract as a significant one is the value of the contract exceeding the value of 10% equity of Alma Market SA.

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