RB 37/2012 Distribution agreement with Quick Service Logistics Czech s.r.o.
The Management Board of AmRest Holdings SE (“AmRest”) informs about signing on 18th September 2012 the distribution agreement (“the Agreement”) between AmRest’s subsidiaries – AmRest s.r.o., AmRest Coffee s.r.o. (“the Subsidiaries”) and Quick Service Logistics Czech s.r.o. (“QSL”).
On the basis of the Agreement QSL will deal with purchasing, warehousing and sale of products for the restaurants operated by the Subsidiaries in the Czech Republic.
Estimated value of the contract is 2 billion CZK, which is equivalent of about 335 million PLN. The Agreement has been signed for a period of five (5) years.
The Agreement has been considered as significant because of its value, which exceeds 10% of AmRest equity as of June 30th 2012.
Legal act: Art. 56 Sec. 1 Point 2 Act on public offering and conditions of introducing financial instruments to the organized trading system and on public companies dated July 29th 2005