Date: 18 July 2022
„DINO POLSKA” S.A. (“Company”), in reference to the current report no. 9/2022 – “„DINO POLSKA” S.A. bond issue under consideration within the framework of the established bond issuance program”, hereby reports that on 18 July 2022, the Company’s Management Board adopted a resolution on the issue, under the Company’s Bond Issue Program of 21 September 2017 (as amended), which the Company reported in current reports no. 19/2017 and no. 10/2021, of 170,000 secured bearer Bonds, series 1/2022, with the par value of PLN 1,000 each and the total par value of PLN 170,000,000 (“Bonds”).
The Bonds will be secured by sureties of selected DINO POLSKA Group companies. The issue price of the Bonds will be equal to their par value. The Bonds will be offered for purchase pursuant to art. 33 item 1 of the Bond Act of 15 January 2015 in a manner that will not require the Company to prepare a prospectus or information memorandum. The Bonds will bear interest at the variable interest rate – WIBOR 3M plus a fixed margin of 1.2 percentage points per annum.
The Bonds will be issued on 28 July 2022. The Bonds will be recorded in the records kept by the issue agent and registered in the depository run by Krajowy Depozyt Papierów Wartościowych S.A. The redemption date was set for 28 July 2026.
Legal basis: Article 17 (1) of Regulation (EC) No 596/2014 of the European Parliament and of the Council 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 – confidential information.
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