In regards to RB 37/2016 dated May 20th, 2016 AmRest Holdings SE (“AmRest”) informs about signing on December 11th, 2018 the Annex to distribution agreement (“the Agreement”) between AmRest’s subsidiaries – AmRest Kft and AmRest Kávézó Kft (jointly “AmRest’s subsidiaries”) and Quick Service Logistics Hungaria Bt („QSL”, “Distributor”).
On the basis of the Agreement QSL deals with purchasing, warehousing and sale of products for the restaurants operated by AmRest’s subsidiaries in Hungary.
The Annex extended the term of the Agreement by 5 years, i.e. to June 2nd, 2024. Other key conditions of the Agreement remain unchanged.
Extension of Agreement caused increase of its estimated value of about EUR 154 million.
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