Current report no. 39/2017 (10.10.2017)

Title:

Notice of selection of the offer of the Consortium URSUS BUS

Legal basis:

Art. 17 sec. 1 Market Abuse Regulation

Message:

The Management Board of URSUS S.A. hereby informs that on the 10th October 2017 the Company received a notification of selection of the offer of the Consortium URSUS BUS, composed of URSUS BUS S.A. and the Issuer, in the open tender for delivery entitled „Delivery of new electric low-floor urban buses” no. 7/UE/JRP/2017 organized by the Municipal Transportation Agency (Miejski Zakład Komunikacji) in Zielona Góra.

The gross value of the offer for is 96.482.700,60 PLN.

The deliveries will be executed in 2018.

Two offers were submitted in the tender, the parties are entitled to judicial redress in the National Chamber of Appeal. The Company will inform about conclusion of the contract in a separate current report. The reason of publication of this information is the fact that in the Management Board’s opinion it can impact the evaluation of the potential of the Issuer and its capital group, as well as its current situation.