Current report no. 41/2018 (21.03.2018)

Title:

Notice of selection of the offer of the subsidiary URSUS BUS S.A.

Legal basis:

Art. 17 sec. 1 Market Abuse Regulation

Message:

The Management Board of URSUS S.A. hereby informs that on the 21 March 2018 the Company received a notification of selection of the offer of the subsidiary URSUS BUS S.A. with the seat in Lublin, in the open tender for delivery entitled „Delivery of 6 new electric low-floor urban buses with dedicated traction battery charging system to the Municipal Transportation Agency (Miejski Zakład Komunikacji) in Ostrów Wielkopolski” organized by the Municipal Transportation Agency (Miejski Zakład Komunikacji) in Ostrów Wielkopolski.

The gross value of the offer of URSUS BUS S.A. is 15.350.400 PLN.

The deliveries will be executed in 2019.

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.