Information on the agreement signed with Eutelsat S.A. (significant agreement)

Date: 
27 Feb 2009

The Management Board of the Cyfrowy Polsat S.A. (Company)  informs that on 27 February 2009 it become aware of the fact of that on 26 February 2009 long-term agreement was signed between the Company and Eutelsat S.A. on renting of the satellite capacity on the transponder HotBird 9.

Contract value, is expressed in euro and in the life of the agreement, converted into euro at a rate of PLN 4.5678 per 1 euro, published by the National Bank of Poland on 27 February  2009, will equal to PLN 124 million.

All conditions of the agreement do not vary from market standards applied to this type of agreements.

The agreement has been deemed  material due to the fact that its value over its lifetime will exceed 10% of equity of the Company.

Legal basis: Paragraph 5, section 1, point 3 of a Decree of the Finance Minister regarding current and
periodical information filed by issuers of securities.

Attached files: 
Category: 
Report Number: 
10/2009
Last updated 10/21/2014