Ciech

Szukaj
WCAG A A A

Current Report No.: 14/2019

Satisfaction of the conditions precedent to the drawdown of credit facilities

Current Report No.: 14/2019

Date of preparation:
 07.05.2019

Abbreviated name of the Issuer: CIECH S.A.

Legal basis: Article 17(1) of the MAR – inside information


Subject:
 Satisfaction of the conditions precedent to the drawdown of credit facilities


Text of the Report:

The management board of “CIECH” S.A. with its registered office in Warsaw (the “Company”) refers to current report No. 13/2019 of 18 April 2019, in which the Company announced, inter alia, the conclusion of revolving credit facilities agreements with (i) Bank Polska Kasa Opieki S.A. (for a credit amount of up to PLN 300,000,000), (ii) BNP Paribas Bank Polska S.A. (for a credit amount of up to PLN 92,787,500), and (iii) Banco de Sabadell S.A., London Branch (for a credit amount of up to EUR 25,000,000) (jointly, the “Credit Facilities Agreements”), and announces that, on 7 May 2019, the conditions precedent to the drawdown of the above credit facilities have been satisfied; consequently, from this date on, the Company may draw down the funds made available to the Company under the Credit Facilities Agreements. 


Legal basis: Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.


Signatures of the persons representing the Company:

Dawid Jakubowicz – President of the Management Board

Artur Osuchowski – Member of the Management Board


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