Bumech S.A. (WSE:BMC) concluded a preliminary agreement to acquire Uniprom Metali D.o.o. from Stevan Pejovic for €10.3 million on October 11, 2021. As per the transaction, the consideration will be payable as, a fixed amount of the sale price of €5 million, payable on the date of entry into force of the contract and after meeting the conditions set out therein, but not later than on November 20, 2021 and the variable amount of €5.3 million will be paid in 10 equal, monthly installments, starting from January 31, 2022, subject to obtaining a legally binding entry in the CRPS confirming the transfer of ownership of the share to Bumech. Tthe amount of the variable selling price may be adjusted "down" or "up" depending on the price obtained from the sale of stocks of bauxite located free zone port of Bar, and belonging to Uniprom. There is a deadline of November 20, 2021 for each party to the contract to fulfill their obligations so that the promised contract for the purchase of the share can be concluded.