Report ESPI 27/2021
The Management Board of Berg Holding S.A. with its registered office in Katowice [Company, Issuer] in reference to the ESPI current report No. 70/2020 of November 30, 2020 on the conclusion by a jointly controlled company of Farmy Fotowoltaiki S.A. ie Columbus&Farmy Sp. z o.o. [C&F] of the preliminary contract for the acquisition of the photovoltaic project informs that the Management Board of the subsidiary company of C&F ie Nagoszyn Sp. z o.o. [Nagoszyn Company] with its registered office in Katowice, as a result of the performance of the preliminary agreement, concluded a promised contract for the purchase of a 1 MW photovoltaic power plant project on a property located in Nagoszyn, Żyraków commune, Podkarpackie voivodship [Nagoszyn Project].
Under the mentioned agreement the parties agreed that the transfer of title to ownership of the Nagoszyn Project to Nagoszyn Company will occur upon payment of the price of EUR 60,000.
The Nagoszyn Project is implemented with funds from the public issue of C share – a subsidiary of the Issuer, ie Farmy Fotowoltaiki S.A. in accordance with the issue objective, and construction work is planned for the second quarter of 2021.
In the opinion of the Issuer’s Management Board, the information about signing the Agreement is confidential due to the fact that its implementation will have a significant impact on the financial revenues of the Issuer’s Capital Group.