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MESSAGE _ENGLISH VERSION_
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The Management Board of MBF Group S.A., with its registered office in
Warsaw _the "Issuer", the "Company"_, announces that the Issuer has
provisionally entered into a commercial contract for the purchase of
3,000 tonnes of top-grade _top-grade_ in a volume of 3,000 tonnes from
an entity forming part of the international industrial group Indorama
Corporation, one of the global leaders in the fertiliser and chemicals
production sector, with production and distribution assets in many
markets worldwide. As at the date of publication of this report, the
parties have agreed on the basic terms of the transaction; however, the
counterparty's details and selected operational elements will be
disclosed by the Company in an ESPI stock exchange report following full
agreement on the logistical terms and obtaining the seller's consent to
the publication of specific information, which is currently subject to
further discussions between the parties.
The estimated value of the contract has been determined on the basis of
current market prices prevailing on the European market and amounts to
approximately EUR 1,950,000 _in words: one million nine hundred and
fifty thousand euros_, which corresponds to approximately PLN 8,268,000
_in words: eight million two hundred and sixty-eight thousand zlotys_ at
an exchange rate of 4.24 PLN/EUR. In accordance with the contractual
arrangements, payment for the goods will be made on a 100% prepayment
basis, with the Issuer making payment at the time of loading the goods
onto the means of transport _railway wagons_, which is standard practice
in dealings with producers from the Central Asian region. The Company
intends to finance the transaction from its own funds, with the option
of utilising standard financial instruments offered by banking
institutions. Further details regarding the pricing structure, delivery
schedules, logistical terms and the parties' liabilities are subject to
commercial confidentiality between the two companies.
The Issuer's Management Board regards the conclusion of this contract as
a significant operational success for the Company, particularly in the
context of the current geopolitical situation and the limited
availability of fertilisers on the European market. Urea remains a
product in high demand in Poland and Europe, due to both market
conditions and disruptions in global supply chains. In the Management
Board's view, securing a stable supply source under such conditions
strengthens the Issuer's commercial position and creates potential for
further sales growth and expansion of operations.
Deliveries will be made on the basis of the manufacturer's quality
documents, including the quality certificate and technical documentation
compliant with GOST 2081-2010, which confirms the product's commercial
and industrial parameters. The product is standard granular urea used in
agriculture and the chemical industry. In parallel with the process of
finalising the logistics terms, the Issuer has commenced activities
aimed at selling the contracted volume to end customers in Poland and
other European countries. The preferred sales model will be the
distribution of the entire volume to a single or limited number of
wholesale customers, using DAP or FCA Małaszewicze delivery terms in
accordance with Incoterms. The Company will provide updates on all key
stages of the transaction via ESPI current reports.
The Issuer's Management Board considers the contract to be significant
from the perspective of the Company's operations, both in terms of its
value and the potential for further development of the cooperation. In
the event of the successful completion of the first delivery, the
parties envisage the possibility of continuing the cooperation in the
form of regular, monthly deliveries, which may translate into a stable
source of revenue for the Issuer in subsequent periods.
The Issuer's Management Board considered the publication of this
information to be justified due to its potential impact on investors'
assessment of the Company's financial position and development prospects.
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RB_ASO: Zawarcie przez Emitenta kontraktu na zakup 3000 ton mocznika klasy B (top-grade)
