Regulatory filing
The Management Board of Agora SA with its registered seat in Warsaw ("the Company") in relation to the regulatory filing 24/2015 of the 5th of November, 2015 and regulatory filing 31/2015 of the 29th of December, 2015 announces that on 25th of October, 2016 has received information about signing on 25th of October, 2016 a cooperation agreement between the subsidiary of Agora - Green Content Sp. z o.o. ("Green Content") and EmiTel Sp. z o.o. ("EmiTel").
The agreement was concluded for a definite period from the 1st of December, 2016 until the 28th of December, 2025, which is the duration of the license to transmit METRO television program granted to Green Content. The total estimated value of the agreement within the expected time amounts to PLN 34.9 million.
The contract covers the provision by EmiTel for Green Content the service of placing the television program METRO on MUX-8 and ensuring uninterrupted digital signal transmission of MUX-8 in the DVB-T standard.
The total liability for damages (contractual and tort) of each of the parties, including contractual penalties, is limited to the amount of compensation that the company Green Content should pay EmiTel for 36 months of the contract (does not apply to damage caused willfully).
The Company also announces that Green Content will start broadcasting METRO on MUX-8 on the 2nd of December, 2016.