Current Report 4/2019
Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.
The Company advised of the conclusion of the credit agreement in current report No. 27/2018 of 21/08/2018.
The mortgage entry was made in division IV of land and mortgage registers Nos. GD1G/00279506/6, GD1G/00281583/6, GD1G/00300460/8 and GD1G/00284240/1, and concerns the following:
joint real estate mortgage up to PLN 12,375,000.00 for ALIOR BANK SA, securing the repayment of the principal and secondary charges under credit agreement No. U0003307812181 of 21/08/2018 encumbering INPRO SA's perpetual usufruct rights and the title to real estate covered by land and mortgage registers Nos. GD1G/00279506/6, GD1G/00281583/6, GD1G/00300460/8 and GD1G/00284240/1.
The value of the asset (land) on which the above security was established is, in the books of accounts of INPRO S.A., PLN 7,562,152.84.
There are no connections between the Company, its managers and supervisors and the Bank and its managers.
No consent from the Company's Supervisory Board was necessary to establish the above-mentioned mortgage.
Detailed legal grounds: Article 17 par. 1 of the Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (the 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 (also referred to as the MAR)
