Current report 5/2012
Subject:
Promise of granting a loan to OBR MOTO Lublin sp. z o.o.
Legal Act:
Article 56 clause 1 point 2 of the Act on Public Offering – Current and Interim Information
Contents of the report:
The Management Board of POL–MOT Warfama S.A. informs that on January 27th, 2012 the Issuer granted the company OBR MOTO Lublin sp. z o.o. (KRS 0000398335) promise of loan (declaration of initial loan) in the amount of PLN 16 852 230 intended to cover the cost of the project entitled:
„The creation of Research and Development Centre of machinery and equipment for the agricultural sector, and vehicles using alternative drive” , implemented as part of Action 4.5.2, „Support of investment in modern services sector“ Innovative Economy Operational Programme, which will be financed from the European Regional Development Fund.
Promise is valid for a period of 12 months from the date of issue. The condition for the conclusion promised loan agreement is to submit by the OBR MOTO Lublin Ltd. (applicant) in the life of promise confirmed in writing information on the qualification of application (the project) for project financing from the European Regional Development Fund - Operations 4.5.2 Operational Programme Innovative Economy. The promise has been fixed interest rate loan but the other terms parties will determine in the promised loan agreement.
The Issuer has stipulated in the promise that in case of extraordinary change in market condition or situation on financial markets could in the time of this promise withdraw from it. The conclusion of the promised loan agreement or a possible withdrawal from the implementation, the issuer shall promptly inform of a relevant message.
Legal basis:
Pursuant to § 5 section 1 point 3 in connection with § 9 of the Minister of Finance Regulation of 19 February 2009 on current and periodic reporting by issuers of securities and the rules of equal treatment of the information required by the laws of non-member states (Journal of Laws of 2009 No. 33, item 259, later amended)
