13/08/2013

Report no. 80/2013

Amendment to a significant contract in “Zdrowie” sp. z o.o. in Kwidzyn

Pursuant to §5 (1) (3) of the Regulation of the Minister of Finances of 19 February 2009 on current and periodical information provided by issuers of securities, the Management Board of EMC Instytut Medyczny S.A. informs about receiving on 13 July 2013 contracts with the National Health Fund - the Pomorskie Voivodeship Branch in Gdańsk (the Fund Branch)concluded with the subsidiary “Zdrowie” in Kwidzyń regarding healthcare services such as outpatient specialist care and outpatient specialist care (cost-consuming outpatient diagnostic services) for the period from 1 July to 31 December 2013.
 
 Healthcare services referred to hereinabove are provided by the hospital managed by the subsidiary company of EMC Instytut Medyczny S.A.- "Zdrowie" sp. z o.o. in Kwidzyń.  
 
The Issuer informed about the fact of EMC Instytut Medyczny S.A. taking over  the  hospital in Kwidzyń , in its current reports no. 53/2013 of  31.05.2013, when the preliminary agreement on the sale of and using  the shares of "Health" sp. z o. o. based in Kwidzyń was concluded.
 
As a result of signing the abovementioned contracts, the total maximum Fund Branch liability towards  the Issuer’s Subsidiary Company with regard to healthcare services rendered by the  hospital in Kwidzyń has changed and  it currently amounts to PLN 28,603,786.82 (an increase by PLN 711,522.00) for the period from 1 January to 31 December 2013. 
 
A criterion for a contract to be considered significant:
The value of contracts exceeds 10% of the Issuer’s equity capital.