Current report no. 8/2016 (11.02.2016)
Title:
Conclusion of annex to the credit agreement with mBank S.A.
Legal basis:
Art. 56 sec. 1 point 2 of the Act on Public Offering – current and periodical information
Message:
The Management Board of the Issuer informs that on the 10th February 2016 the Issuer was informed about signing by URSUS S.A. and mBank S.A. with the seat in Warsaw the annex to the working capital credit agreement concluded on 22.09.2015, of which the Issuer informed in the current report no. 32/2015, with subsequent changes (the current reports no. 50/2015 and 4/2016)
Under the provisions of the annex, the Parties changed the credit repayment schedule. According to the newly agreed repayment schedule, the Issuer shall repay the credit in the following amounts and dates:
- the amount of 1 million EUR – till the 9th February 2016,
- the amount of 3 million EUR - till the 15th March 2016,
- the amount of 6 million EUR - till the 15th April 2016.
The other provisions of the credit agreement, including the types of security, remain unchanged.
According to the binding credit repayment schedule, on the 9th February 2016 the Issuer paid the first installment of the credit in the amount of 1.000.000 EUR.
The legal basis of the present report is §5 sec.1 point 1 and point 3 in connection with §9 of the Regulation of the Minister of Finance dated 19 February 2009 regarding current and interim reports published by issuers of securities and the terms of finding as equivalent the information required under the laws of any non-member state (Journal of Laws, 2009 No 33, point 259 with subsequent changes).
