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  • Since 2007, the shares of Orzeł Biały S.A. have been are listed on the Warsaw Stock Exchange

Current Reports


Conclusion of a loan agreement

2020.12.16

The Management Board of Orzeł Biały S.A. (hereinafter: "The Company", "The Issuer", „The Loaner”) hereby informs that today The Company concluded a loan agreement with Jenox Akumulatory sp. z o.o., entity related to the main shareholder of the Company (hereinafter: „The Borrower”).

The subject of this agreement is to grant The Borrower by the Loaner an interest-baring loan of 10.000.000,00 PLN (verbally: ten millions zloty) with interest rate based on WIBOR 1M rate increased by The Company margin. Interest rate is fixed on annual basis. The Company margin is based on market conditions.

The Borrower is required to repay the loan in full until 16.12.2023, with the right to repay the loan early in whole or in part.

The Issuer has obtained the approval of the Supervisory Board to conclude this transaction.

The conclusion of this loan agreement was considered to be confidential because of the unusual nature of the transaction, its value and the fact that it was granted to the related party. 

 

Legal Basis:

Article 17 Para. 1 MAR

 

Time: 4:16 PM

Orzeł Biały S.A.

NIP 626-000-31-39
REGON 270647152
KRS 0000099792 District Court in Gliwice,
10th Department Commerce of the National Court Register
Equity PLN  7,159,779.07 PLN paid in full

Contact

Telephone +48 (32) 779 65 00
Email office@orzel-bialy.com.pl
Adress ul. Harcerska 23
41-946 Piekary Śląskie

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