Update of information on the implementation by the consortium with the participation of UNIHOUSE SA of an agreement for construction of a retirement home in Germany
In reference to the content of the current report No. 51/2023 of 6 June 2023 on the conclusion by the consortium comprising: FORM2FORM Sp. z o.o. with its registered office in Warsaw (formerly: DPZ sp. z o.o. with its registered office in Warsaw, Consortium Leader) and UNIHOUSE SA with its registered office in Bielsk Podlaski (Consortium Partner, UNIHOUSE) of an agreement for construction of a retirement home in Germany (Inventor Agreement), the Management Board of UNIBEP SA (Issuer) informs that on 11 July 2023, the above-mentioned parties of the Consortium concluded an agreement on the assignment of rights and obligations under the Investor Agreement.
Based on the assignment agreement, the Consortium Leader unconditionally transfers to the Consortium Partner all rights and obligations under the Investor Agreement, and the Consortium Partner takes over these rights and obligations as the general contractor of the above-mentioned investment. The transfer of rights and obligations under the Investor Agreement took place against the payment by the Consortium Partner to the Consortium Leader of the amount of approx. PLN 0.4 million net.
In connection with the above, for the implementation of the Investment as a general contractor, UNIHOUSE will receive additional estimated remuneration in the amount of EUR 4.32 million net, which is equivalent to approx. PLN 19.19 million net.
In other respects, the information provided by the Issuer in Current Report No. 51/2023 remains unchanged.