Conclusion of a contract for the construction of a server room building
Current report 06/2020 submitted on 30.04.2020 at 13:10
Legal basis: Article 17 (1) MAR – confidential information
The Management Board of ATM S.A. with its seat in Warsaw (hereinafter referred to as “the Company”) informs that today a contract was signed between the Company and a consortium of companies TOTALBUD S.A. with its seat in Warsaw and AdBuild sp. z o.o. sp. k. with its seat in Kielce. The subject of the contract is the construction of the F6 server room building on the premises of ATM S.A. in Warsaw at 21a Grochowska / 8 Jubilierska streets (hereinafter: “the Building”). The implementation of the subject of the contract is planned to take place by September 24, 2021, however, according to the basic schedule of works, the Issuer expects the construction works to be finished at the turn of the second and third quarter of 2021.
The lump sum remuneration for the execution of the subject of the agreement is PLN 18.7 million net.
The contract does not contain contractual penalties or other provisions deviating from the arrangements typical for this type of contract.
Performance of additional construction works and any other works related to placing in the Building, among others, the power supply, data communications or air-conditioning infrastructures and any other devices, installations, and equipment necessary for the proper functioning of the server rooms in the Building will be subject to separate agreements. The execution of the investment in question will allow the Company to increase the supply of net colocation space offered to clients by approx. 1,500 sq m net.
Daniel Szcześniewski – President of the Management Board
Tomasz Galas – Vice President of the Management Board