Legal basis: Art. 17 section 1 of the MAR - confidential information
Report subject: Reversement of the judgement and referring back the case for re-examination brought by the capital city of Warsaw against the Company
The Management Board of J.W. Construction Holding S.A. with its business seat in Ząbki
(hereinafter known as the Issuer) hereby informs that today, i.e. on March 9, 2018,
the Supreme Court reversed the judgement of the Court of Appeals of September 27, 2016
issued in the second instance resulting from the action brought by the Capital City of Warsaw against the Company
about which the Company informed in the current report no. 12/2016 of
September 27, 2017. The case for referred back for re-examination
by the court of Appeals as the 2nd instance.
The proceedings concern the payment for perpetual usufruct of the plot of land no. 2/6 for the years 2009-2013. The plot of land in question in accordance with the local zoning plan is meant for communication purposes, i.e. the construction of the NS road. The repealed verdict ordered the Company to pay to the Capital City of Warsaw a sum of PLN 14.123.786,25 with interest and court proceeding costs.