RB 211/2016 Annex to distribution agreement with Quick Service Logistics
20-12-2016

In regards to RB 21/2014 dated  April 4th, 2014 Management Board of AmRest Holdings SE (“AmRest”) informs about signing on December 20th, 2016 the Annex to distribution agreement (“the Agreement PL”) between AmRest’s subsidiaries – AmRest Sp. z o.o., AmRest Coffee Sp. z o.o.(“Polish Subsidiaries”) and Quick Service Logistics Polska Sp. z o.o. sp.k. („QSL Poland”).

On the basis of the Agreement PL QSL Poland deals with purchasing, warehousing and sale of products for the restaurants operated by Polish Subsidiaries in Poland.

The Annex extended the term of the Agreement PL by 3 years, i.e. to  October 6th, 2023. Other conditions of the Agreement PL remain unchanged.

Extension of Agreement PL caused increase of its estimated value of about 1 billion PLN, which exceeds 10% of AmRest equity as of September 30th, 2016.

Simultaneously, in regards to RB 37/2012 dated  September 18th, 2012, Management Board of AmRest informs about signing on December 20th, 2016 the Annex to distribution agreement (“the Agreement CZ”) between AmRest’s subsidiaries – AmRest s.r.o., AmRest Coffee s.r.o. (“the Czech Subsidiaries”) and Quick Service Logistics Czech s.r.o. (“QSL Czech”).

On the basis of the Agreement CZ QSL Czech deals with purchasing, warehousing and sale of products for the restaurants operated by Czech Subsidiaries in the Czech Republic.

The Annex extended the term of the Agreement CZ by 5 years, i.e. to  October 31st, 2022. Other conditions of the Agreement CZ remain unchanged.

Extension of Agreement CZ resulted in increase of its estimated value of CZK 2.25 billion, being about PLN 370 million, which exceeds 10% of AmRest equity as of September 30th, 2016.

 

Legal act:

Art. 17 Sec. 1 of Regulation (EU) No 596/2014 of The European Parliament and of The Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC

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