Current reports

Centrum Nowoczesnych Technologii S.A., based in Sosnowiec, informs that the Annual General Meeting of Shareholders of CNT S.A. on 13 June 2017 adopted a resolution No. 6 on allocation of the profit for the financial year 2016 and payment of dividend. The Annual General Meeting of CNT S.A. decided to:

1. Divide the profit for the financial year 2016 in the amount of PLN 404,347.69 (say: four hundred four thousand three hundred forty seven zloty and sixty nine), allocating it entirely to reserve capital;

2. Pay the dividend in the amount of PLN 2,727,000.00 (say: two million seven hundred twenty seven thousand zloty and 00/100), which constitutes PLN 0.30 (say: thirty grosz) per share of CNT S.A. from the reserve capital.

The Annual General Meeting of CNT S.A. decided that the dividend record date will be 3 July 2017 (all persons who are shareholders of the Company on 3 July 2017 are entitled to the dividend) and the dividend payment date is 17 July 2017. All shares of the Company, i.e. 9,090,000 shares, were included in the dividend.

Legal basis: Article 17 (1) MAR - confidential information.

Collapse the report

Content of the report: Referring to the information posted, among others, in the consolidated report for the third quarter of 2016 and in the Report on the activities of the CNT S.A. Capital Group for 2016 referring to an intention to continue the construction project "Construction of a water barrage on the Oder River in Malczyce" (Project), the Board of Management of Centrum Nowoczesnych Technologii S.A based in Sosnowiec (hereinafter „the Company", "the Issuer") announces that on 22 May 2017, acting as the Consortium Leader in the composition of the Issuer and ETP S.A. based in Katowice - Consortium Partner (hereinafter collectively referred to as „the General Subcontractor") agreed with a bankruptcy trustee of MAXER S.A. in bankruptcy (the "Contractor") conditions for further execution of the Contract related to execution of the Project (the Contract).

According to the arrangements, it was agreed that:

• General Subcontractor shall have completed construction and assembly works worth PLN 33,276,123.82 net (PLN 40,929,632.30 gross) by the end of 2017, with the works settled on a monthly basis;

• The works will be settled on the basis of principles set out in the Agreement;

• General Subcontractor is obliged to lodge a performance bond in a form of a deposit of 3% of each net invoice issued by the Contractor for the works included in the aforementioned agreed terms and conditions.

Under the aforementioned agreements, the terms of implementation of the Project remain unchanged.

Legal basis: Article 17 (1) MAR - confidential information.

 

Collapse the report

The Board of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (hereinafter: „Company”), acting under the Art. 399 § 1, Art. 395 § 1 and Art. 402(1) and Art. 402(2) of the Code of Commercial Companies, hereby convene Ordinary General Meeting of CNT S.A. (hereinafter: „Ordinary General Meeting” or „OGM”) on 13th June 2017, at 11:30 at the Headquarters of the Company in Sosnowiec, ul. Partyzantów 11, with the following Agenda:

1. Opening of the session and election of the Chairperson of the Ordinary General Meeting.
2. Confirming that the Ordinary General Meeting was duly convened and is capable of adopting valid resolutions.
3. Approval of the Agenda.
4. Consideration and adoption of a resolution on the examination and approval of the financial statement of CNT S.A. and a report on the activities of CNT S.A. in the financial year 2016.
5. Consideration and adoption of a resolution on an approval of the consolidated financial statement of the Capital Group CNT S.A. and a report on the activities of the Capital Group CNT S.A. in the financial year 2016.
6. Consideration and adoption of a resolution on an approval of the Supervisory Board of Centrum Nowoczesnych Technologii S.A. for its business activity in 2016.
7. Adoption of a resolution concerning distribution in the financial year 2016.
8. Adoption resolutions on grating a vote of acceptance to the members of the Board of the Company in the financial year 2016.
9. Adoption of resolutions on granting a vote of acceptance to the members of the Supervisory Board of the Company in the financial year 2016.
10. Adoption a resolution on amendments to the Articles of Association of the Company.
11. Adoption of a resolution on setting Rules of Procedure of the General Meeting.
12. Adoption of a resolution approving Regulations of the Supervisory Board of Centrum Nowoczesnych Technologii S.A.
13. Closing the session.

Full text of the announcement about convening the Ordinary General Meeting of the Company, the content of draft resolutions of OGM, the  Supervisory Board’s Report of  CNT S.A. on its activities together with a brief assessment of the situation of the Company including internal control system assessment and the risk management system important for the Company in 2016 and other reports of the Supervisory Board of CNT concerning issues included in the Agenda of the OGM constitute the Appendices to this report.

The full text of the announcement about convening the Ordinary General Meeting of the Company, along with documentation that is due to be presented to the Ordinary General Meeting of CNT S.A. convened on 13th June 2017, were published on the Internet website of the Company: www.cntsa.pl  

At the same time, the Company's Board of Management presents below current provisions of the Company's Articles of Association as well as the content of proposed amendments, adoption of which is foreseen under item 10 of the Agenda:

Current wording of § 8 of the Company's Articles of Association:

The Company's scope of activity, according to Polish Classification of Activities, is to conduct any construction, service, commercial and scientific – research activity, nationally and abroad, in particular:

1) Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate – PKD 08.11.Z,

2) Repair and maintenance of fabricated metal products – PKD 33.11.Z,

3) Repair and maintenance of machinery – PKD 33.12.Z,

4) Sewage disposal and treatment – PKD 37.00.Z,

5) Collection of non-hazardous waste – PKD 38.11.Z,

6) Execution of construction projects related to construction of buildings – PKD 41.10.Z,

7) Construction of residential and non-residential buildings – PKD 41.20.Z,

8) Construction of roads and motorways – PKD 42.11.Z,

9) Construction of railways and underground railways – PKD 42.12.Z,

10)  Construction of bridges and tunnels – PKD 42.13.Z,

11)  Construction of transmission pipelines and networks – PKD 42.21.Z,

12)  Construction of telecommunication and power lines – PKD 42.22.Z,

13)  Construction of civil engineering facilities – PKD 42.91.Z,

14)  Construction of  other civil and water engineering facilities non-classified – PKD 42.99.Z,

15)  Dismantling and demolition of buildings – PKD 43.11.Z,

16)  Site preparation – PKD 43.12.Z,

17)  Excavation works and geological/engineering drilling – PKD 43.13.Z,

18)  Execution of water, canalization, heat, gas and air-conditioning installations – PKD 43.22.Z,

19)  Plastering – PKD 43.31.Z,

20)  Woodwork – PKD 43.32.Z,

21)  Floor and wall covering – PKD 43.33.Z,

22)  Painting and glazing – PKD 43.34.Z,

23)  Other building completion works - PKD 43.39.Z,

24)  Other specialized construction works non-classified elsewhere – PKD 43.99.Z,

25)  Maintenance and repair of motor vehicles, except motorcycles – PKD 45.20.Z,

26)  Wholesale of fuels and related products – PKD 46.71.Z,

27)  Wholesale of wood, construction materials and sanitary equipment – PKD 46.73.Z,

28)  Transport of goods by road – PKD 49.41.Z,

29)  Activities of holding companies – PKD 64.20.Z,

30)  Other financial  activities non-classified elsewhere, except insurance and pension funding – PKD 64.99.Z,

31)  Accounting, bookkeeping and auditing activities; tax consultancy – PKD 69.20.Z,

32)  Activities of head office and holding companies, excluding financial holding companies – PKD 70.10.Z,

33)  Other consultancy in the field of business and management – PKD 70.22.Z,

34)  Engineering activities and related technical consultancy – PKD 71.12.Z,

35)  Other research and technical analysis – PKD 71.20.B,

36)  Scientific research and developmental works in the field of natural and technical science – PKD 72.19.Z.

37)  Market research and public opinion polling – PKD 73.20.Z,

38)  Wired telecommunications activities – PKD 61.10 Z,

39)  Wireless communication, with the exception of satellite telecommunication – PKD 61.20 Z,

40)  Satellite telecommunication – PKD 61.30 Z,

41)  Other telecommunications activities – PKD 61.90 Z,

42)  Computer programming activities – PKD 62.01 Z,

43)  Consultancy within IT sector – PKD 62.02 Z,

44)  Activities related to IT facilities management – PKD 62.03 Z,

45)  Other service activities in the field of information technology – PKD 62.09 Z,

46)  Data processing; management of websites ( hosting), and similar activities – PKD 63.11 Z,

47)  Other information service activities not elsewhere classified – PKD 63.99 Z,

48)  Manufacture of other chemical products non-classified elsewhere – PKD 20.59 Z,

49)  Production of electricity – PKD 35.11 Z,

50)  Transmission of electricity – PKD 35.12 Z,

51)  Distribution of electricity – PKD 35.13 Z,

52)  Manufacture of gas fuels – PKD 35.21 Z,

53)  Distribution of gas fuels through a network system – PKD 35.22 Z,

54)  Collection of waste other than non-hazardous – PKD 38.11 Z,

55)  Collection of hazardous waste – PKD 38.12 Z,

56)  Treatment and disposal of waste other than non-hazardous – PKD 38.21 Z,

57)  Treatment and disposal of hazardous waste – PKD 38.22 Z,

58)  Dismantling of wrecks – PKD 38.31 Z,

59)  Recovery of sorted materials – PKD 38.32 Z,

60)  Remediation activities and other services related to waste management – PKD 39.00 Z,

61)  Wholesale of chemical products – PKD 46.75 Z,

62)  Wholesale of waste and scrap – PKD 46.77 Z,

63)  Other service activities non-classified elsewhere – PKD 96.09 Z.

Proposed wording of § 8 sec. 2 of the Company's Articles of Association:

The Company's scope of activity, according to Polish Classification of Activities, is to conduct any construction, service, commercial and scientific – research activity, nationally and abroad, in particular:

1) Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate – PKD 08.11.Z,

2) Repair and maintenance of fabricated metal products – PKD 33.11.Z,

3) Repair and maintenance of machinery – PKD 33.12.Z,

4) Sewage disposal and treatment – PKD 37.00.Z,

5) Collection of non-hazardous waste – PKD 38.11.Z,

6) Execution of construction projects related to construction of buildings – PKD 41.10.Z,

7) Construction of residential and non-residential buildings – PKD 41.20.Z,

8) Construction of roads and motorways – PKD 42.11.Z,

9) Construction of railways and underground railways – PKD 42.12.Z,

10)  Construction of bridges and tunnels – PKD 42.13.Z,

11)  Construction of transmission pipelines and networks – PKD 42.21.Z,

12)  Construction of telecommunication and power lines – PKD 42.22.Z,

13)  Construction of civil engineering facilities – PKD 42.91.Z,

14)  Construction of  other civil and water engineering facilities non-classified – PKD 42.99.Z,

15)  Dismantling and demolition of buildings – PKD 43.11.Z,

16)  Site preparation – PKD 43.12.Z,

17)  Excavation works and geological/engineering drilling – PKD 43.13.Z,

18)  Execution of water, canalization, heat, gas and air-conditioning installations – PKD 43.22.Z,

19)  Plastering – PKD 43.31.Z,

20)  Woodwork – PKD 43.32.Z,

21)  Floor and wall covering – PKD 43.33.Z,

22)  Painting and glazing – PKD 43.34.Z,

23)  Other building completion works - PKD 43.39.Z,

24)  Other specialized construction works non-classified elsewhere – PKD 43.99.Z,

25)  Maintenance and repair of motor vehicles, except motorcycles – PKD 45.20.Z,

26)  Wholesale of fuels and related products – PKD 46.71.Z,

27)  Wholesale of wood, construction materials and sanitary equipment – PKD 46.73.Z,

28)  Transport of goods by road – PKD 49.41.Z,

29)  Activities of holding companies – PKD 64.20.Z,

30)  Other financial  activities non-classified elsewhere, except insurance and pension funding – PKD 64.99.Z,

31)  Accounting, bookkeeping and auditing activities; tax consultancy – PKD 69.20.Z,

32)  Activities of head office and holding companies, excluding financial holding companies – PKD 70.10.Z,

33)  Other consultancy in the field of business and management – PKD 70.22.Z,

34)  Engineering activities and related technical consultancy – PKD 71.12.Z,

35)  Other research and technical analysis – PKD 71.20.B,

36)  Scientific research and developmental works in the field of natural and technical science – PKD 72.19.Z,

37)  Market research and public opinion polling – PKD 73.20.Z,

38)  Wired telecommunications activities – PKD 61.10 Z,

39)  Wireless communication, with the exception of satellite telecommunication – PKD 61.20 Z,

40)  Satellite telecommunication – PKD 61.30 Z,

41)  Other telecommunications activities – PKD 61.90 Z,

42)  Computer programming activities – PKD 62.01 Z,

43)  Consultancy within IT sector – PKD 62.02 Z,

44)  Activities related to IT facilities management – PKD 62.03 Z,

45)  Other service activities in the field of information technology – PKD 62.09 Z,

46)  Data processing; management of websites (hosting), and similar activities – PKD 63.11 Z,

47)  Other information service activities not elsewhere classified – PKD 63.99 Z,

48)  Manufacture of other chemical products non-classified elsewhere – PKD 20.59 Z,

49)  Production of electricity – PKD 35.11 Z,

50)  Transmission of electricity – PKD 35.12 Z,

51)  Distribution of electricity – PKD 35.13 Z,

52)  Manufacture of gas fuels – PKD 35.21 Z,

53)  Distribution of gas fuels through a network system – PKD 35.22 Z,

54)  Collection of waste other than non-hazardous – PKD 38.11 Z,

55)  Collection of hazardous waste – PKD 38.12 Z,

56)  Treatment and disposal of waste other than non-hazardous – PKD 38.21 Z,

57)  Treatment and disposal of hazardous waste – PKD 38.22 Z,

58)  Dismantling of wrecks – PKD 38.31 Z,

59)  Recovery of sorted materials – PKD 38.32 Z,

60)  Remediation activities and other services related to waste management – PKD 39.00 Z,

61)  Wholesale of chemical products – PKD 46.75 Z,

62)  Wholesale of waste and scrap – PKD 46.77 Z,

63)  Other service activities non-classified elsewhere – PKD 96.09 Z,

64)  Other forms of granting credits - 64.92.Z.

Current wording of § 12 sec. 2 of the Company's Articles of Association:

“General Meetings are held at the registered office of the Company or any other place within the country indicated by the entity convening the General Meeting.”

Proposed wording § 12 sec. 2 of the Company's Articles of Association:

“The General Meeting is held at the Company's registered office. The General Assembly can also take place in the location which is the seat of a company running a stock exchange on which the shares of that company are traded or elsewhere within the territory of the Republic of Poland designated by the body convening the General Meeting.”

Legal basis: § 38 section 1 item 1, 2 and 3 the Resolution of the Minister of Finances dated on 19th February 2009 about current and periodical information published by issuers of securities, and on conditions under which information required by legal regulation of a third country can be organised as equivalent (Law Gazette of 2014 No. 133 with further amendments).

Collapse the report

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 16 May 2017, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 04.04.2017 to 16.05.2017 amounted to PLN 114,418 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 05.04.2017 to 31.12.2018. The transaction with the highest value contained in the aforementioned period was a package of deals of 28.04.2017 including the purchase and sales of electricity and gas with a total value of PLN 9,022 thous. with a delivery date during the period from 28 April 2017 to 31.12.2018.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

 

Collapse the report

CNT S.A. based in Sosnowiec ("the Issuer", „the Company”) hereby informs that at the meeting on 12th May 2017 the Supervisory Board acting on the basis of § 18 section 1 point 11 of the Articles of Association made a resolution to choose the Company BDO Sp. z o.o. with its registered office in Warsaw at ul. Postępu 12, 02-676 Warszawa, registered at National Chamber of Statutory Auditors on the list of companies qualified to audit financial statement under the number 3355 (hereinafter "BDO"), as a subject entitled to review individual and consolidated financial statements of CNT S.A. for the year 2017 and a revision of individual and consolidated financial statements of CNT S.A. for the first half-year 2017.

The agreement with BDO shall be concluded for the duration of its object. The choice was made in compliance with applicable regulations.

BDO has already provided services for the Issuer before, regarding revisions of annual individual and consolidated financial statements and a revision of half-yearly individual and consolidated financial statements for the years 2006, 2007, 2008, 2009, 2010, 2011, 2013 and 2014.

Detailed legal basis: § 5 sec.1 point 19 related to § 25 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by laws of a non-member state (Journal of Laws 2014, item. 133, as amended).

Legal basis: Art. 56 sec. 1 pt. 2 of the Act on Public Offering - current and periodic information

Collapse the report

The Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna based in Sosnowiec (the "Issuer", "the Company") informs that after the completion of partial data aggregation on 5 April 2017, the subsidiary Centrum Nowoczesnych Technologii Spółka Akcyjna spółka komandytowa ("the Subsidiary") informed the Issuer on the results of sales of apartments within the development investment Nowa 5 Dzielnica in Krakow.

The Issuer explains that the sales process within the aforementioned investment was launched in March 2017 and thus the results below show in fact only the sale in the same month. At the same time, the Issuer informs that due to the expected significant impact of the development activity carried out by the Subsidiary on the future performance of the CNT Capital Group, the Issuer intends to provide information on the sale of the apartments recurrently, after the end of each quarter.

With this in mind, the Issuer informs that in the first quarter of 2017 the Subsidiary concluded 24 development agreements for the sale of apartments.

In addition, as of 31 March 2017, the Company was a party to 24 reservation agreements for the sale of apartments that require conversion into development contracts.

The Issuer explains that the number of units that will be recognized in the Group's financial result for the period from 1 January to 31 March 2017 will be 0 because in accordance with the accounting policy of Centrum Nowoczesnych Technologii Spółka Akcyjna spółka komandytowa, the Subsidiary considers that the transfer of risks, control and benefits shall take place upon signing the notarial deed transferring ownership of the property purchased. At the moment of recognition of sales revenue, the subsidiary recognizes the cost of production of the premises, reducing finished goods in proportion to the share of the premises sold in the total area of a particular type of premises.

As a result of the acquisition by the Subsidiary of a valid building permit for 4 residential and service buildings (A2, A3, A4 and A5) on 4 January 2017 (current report no. 2/2017) and the commencement of the investment, the Subsidiary has not entered into any final agreement transferring ownership of the property nor released any residential or service premises in the first quarter of 2017.

Legal basis: Article 17 (1) MAR - confidential information.

Collapse the report

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity and gas by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 03 April 2017, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 01.03.2017 to 03.04.2017 amounted to PLN 102,419 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 02.03.2017 to 31.12.2018. The transaction with the highest value contained in the aforementioned period was a package of deals of 16.03.2017 including the purchase and sales of electricity and gas with a total value of PLN 10,226 thous. with a delivery date during the period from 16 March 2017 to 31.12.2017.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

Collapse the report

The Company reports that, as a result of the obvious writing mistake, in the current report 20/2017 the month in which the event took place was wrongly indicated: instead of January 2017 should be March 2017.

Below correct report content after the correction:

“The Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna with its seat in Sosnowiec (hereinafter: the "Issuer") announces that on 21 March 2017, the Issuer received from the subsidiary, i.e. Centrum Nowoczesnych Technologii Spółka Akcyjna spółka komandytowa (transl.: Limited Partnership) (the "Subsidiary") information concerning acknowledgment of receipt by the subsidiary on 21 March 2017 the decision issued by the Mayor of Krakow on 20 March 2017 approving the construction project and granting 

a building permit for one multi-family dwellings with services, with fixtures and an underground garage with parking spaces, with land development including the necessary technical infrastructure, internal roads, above-ground parking spaces and small architecture for real estate located in Krakow, the district of Krowodrza - on whose acquisition the Issuer informed, among others, in the Current Report No. 40/2016. This decision shall come into force after the expiration of fourteen days from the date of service by the parties to the proceedings and it applies to the building A1, constructed as part of the 1st stage of the Nowa 5 Dzielnica investment. The building will have from 7 to 8 floors above the ground level, two-storey underground parking spaces, with the total usable area of about 7.9 thousand sqm.

The Company believes that the realization of the Nowa 5 Dzielnica investments will also significantly influence the financial results of future periods of the CNT Capital Group in connection with the developer activities.

Legal Basis: Art. 17 (1) MAR - confidential information.

Collapse the report

The Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna with its seat in Sosnowiec (hereinafter: the "Issuer") announces that on January 21, 2017, the Issuer received from the subsidiary, i.e. Centrum Nowoczesnych Technologii Spółka Akcyjna spółka komandytowa (transl.: Limited Partnership) (the "Subsidiary") information concerning acknowledgment of receipt by the subsidiary on 21 January 2017 the decision issued by the Mayor of Krakow on 20 January 2017 approving the construction project and granting a building permit for one multi-family dwellings with services, with fixtures and an underground garage with parking spaces, with land development including the necessary technical infrastructure, internal roads, above-ground parking spaces and small architecture for real estate located in Krakow, the district of Krowodrza - on whose acquisition the Issuer informed, among others, in the Current Report No. 40/2016. This decision shall come into force after the expiration of fourteen days from the date of service by the parties to the proceedings and it applies to the building A1, constructed as part of the 1st stage of the Nowa 5 Dzielnica investment. The building will have from 7 to 8 floors above the ground level, two-storey underground parking spaces, with the total usable area of about 7.9 thousand sqm.

The Company believes that the realization of the Nowa 5 Dzielnica investments will also significantly influence the financial results of future periods of the CNT Capital Group in connection with the developer activities.

Legal Basis: Art. 17 (1) MAR - confidential information.

Collapse the report

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 28 February 2017, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 31.01.2017 to 28.02.2017 amounted to PLN 104,936 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 31.01.2017 to 31.12.2018. The transaction with the highest value contained in the aforementioned period was a package of deals of 08.02.2017 including the purchase and sales of electricity with a total value of PLN 13,391 thous. with a delivery date during the period from 08 February 2017 to 31.12.2018.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

Collapse the report