​UNIPETROL, a.s. ('Unipetrol') informs that UNIPETROL RPA, s.r.o., a 100% subsidiary of Unipetrol, received from the respective insurer and re-insurers a confirmation of final settlement of the claim for insurance proceeds relating to the Steam Cracker unit incident at Chempark Záluží in Litvínov, on 13 August 2015, at USD 515 million total.

The remaining part of the insurance proceeds of USD 71 million (additional to USD 444 million already received by UNIPETROL RPA, s.r.o.) will be recognised in the financial statements for the second quarter of the year 2018 on accrual basis.

See also regulatory announcement No. 22/2015 dated 13 August 2015, regulatory announcement No. 14/2016 dated 7 June 2016, regulatory announcement No. 24/2016 dated 17 October 2016, regulatory announcement No. 29/2016 dated 22 December 2016 and regulatory announcement No. 26/2017 dated 12 July 2017

In Prague, 19 July 2018
UNIPETROL, a.s.
Regulatory announcement No. 28/2018

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Unipetrol a.s. published this content on 19 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 July 2018 13:21:04 UTC