Investor relations

Subject: Conclusion of a real estate sales agreement for a property located at Antoniewska St. in Warsaw. 

Legal basis: Article 56(1)(2) of the Act on Public Offering - current and periodic information 

Content of the report: 

The Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ("Company") with reference to information provided in current reports 6/2021 of 26th January 2021 and 10/2021 of 23rd February 2021 informs that today, i.e. 10th March 2021, an agreement was concluded with Robyg 19 Spółka z o.o. with its registered seat in Warsaw for the sale of real estate owned by the Company. The real estate is located in Warsaw at 10 Antoniewska Street and constitutes plot no. 16/1 in the 1-05-07 precinct, with an area of 1.5763 ha ("Real Estate"). 

The Company has received the sale price of the Real Estate in the amount of PLN 17,000,000.00 net plus VAT at the applicable rate. 

The Real Estate was sold due to the fact that the development parameters achievable, solely on the Real Estate, did not satisfy the requirements sought by the Company.