Current report no. 46/2017 (17.11.2017)

Title:

Conclusion of annexes to the credit agreements with mBank S.A.

Legal basis:

Art. 17 sec. 1 Market Abuse Regulation

Message:

The Management Board of the Issuer hereby announces that on the 17th November 2017 the Issuer was informed about signing by URSUS S.A. and mBank S.A. of the annex to the Agreement of cooperation of the 24th November 2011, of which the Issuer informed in the current report no. 34/2011, with subsequent changes.

According to the provisions of the concluded annex, the duration of the agreement was extended till 30.11.2018.

To the above-mentioned Agreement of cooperation within the line for financing the current activity the Parties concluded annexes to the following agreements, extending their duration till 30.11.2018:

Besides, of the credit agreements concluded within the Agreement of cooperation: 

- working capital credit agreement in the amount of 3.000.000 PLN,

- working capital credit agreement in the amount of 600.000 EUR,

- multicurrency overdraft facility agreement in the amount not exceeding 11.000.000 PLN.

On the same day, i.e. the 17th November 2017, the Issuer was informed about signing by URSUS S.A. and mBank S.A. with the seat in Warsaw the annex to the open-end credit agreement concluded on 20.04.2012, of which of which the Issuer informed in the current report no. 9/2012, with subsequent changes, un the actual amount 4.000.000 EUR. According to the provisions of the concluded annex, the duration of the agreement was extended till the 29.11.2019. 

The other provisions of all above mentioned credit agreements with mBank S.A, including the types of security, remain unchanged.