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No. 1/2021
Signing of a contract for the development of the ZMS system at Tauron Dystrybucja SA

The Management Board of Apator SA announces that its subsidiary, Apator Rector Sp. z o.o., has entered into a contract with Tauron Dystrybucja SA ("TD") worth approximately PLN 26.3 million.

 

The agreement concerns the provision, in the years 2021–2024, of maintenance, support and development services for the Network Asset Management (ZMS) IT system implemented at TD.

 

In accordance with the provisions of the agreement, TD is entitled to charge contractual penalties, in particular for:

  • delays in the provision of maintenance, support, development or warranty services,
  • delays in rectifying faults or defects.

The total value of contractual penalties may not exceed 20% of the total remuneration payable to Apator Rector sp. z o. o., however, TD may claim supplementary damages in accordance with general principles.

 

The remaining terms of the agreement do not differ from those commonly applied to transactions of this type.

 

Legal basis:

Article 17(1) of the Market Abuse Regulation