2016-10-13 11:47:48

Current Report No. 37/2016

Date: 13 October 2016

Topic: Resolution on the issue of series D and E bonds

Legal basis: Art. 17(1) of the MAR Regulation - Inside information

Content:
Further to Current Reports No. 32/2016 of 8 August 2016 and 33/2016 of 25 August 2016, the Warsaw Stock Exchange ('GPW', 'Company', 'Issuer') announces than on 13 October 2016, the Management Board of GPW adopted Resolution No. 1058/2016 concerning an issue of 1,200,000 (in words: one million two hundred thousand) bearer bonds with a par value of PLN 100 (in words: one hundred zlotys) each and a total par value of PLN 120,000,000 (in words, one hundred twenty million zlotys) ('Bonds').

The Bonds will be issued in two series:

  • series D with a total par value of no more than PLN 60,000,000 (in words: sixty million zlotys) ('Series D Bonds'); and
  • series E with a total par value of no more than PLN 60,000,000 (in words: sixty million zlotys) ('Series E Bonds').

The Bonds will be issued under the Bonds Act of 15 January 2015 ('Act') and will not have the form of a document. The Bonds will be offered pursuant to Article 33(1) of the Act under a prospectus drawn up by the Company and approved by the Polish Financial Supervision Authority (KNF). The Bonds will be unsecured bonds.

It is the intention of the Issuer to introduce the Bonds into trading on the regulated market on Catalyst operated by GPW and on the regulated market on Catalyst operated by BondSpot S.A.

The Bonds will bear interest at a floating rate equal to the WIBOR 6M reference rate plus a margin. The margin will be set in a separate Resolution of the Exchange Management Board.

Interest on the Bonds will be paid semi-annually. Interest on the Series D Bonds and interest on the Series E Bonds will be paid on the dates set in the terms of issue of the Series D Bonds and the Series E Bonds defined in the Bonds prospectus.

The Bonds redemption date shall be 31 January 2022.

Legal basis: Article 17(1) of Regulation (EU) 596/2014 of the European Parliament and of the Council of 16 April 2014 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 ('MAR').

Signatures of authorised representatives of the Company:
Dariusz Kułakowski - Member of the Management Board
Michał Cieciórski - Member of the Management Board

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WSE - Warsaw Stock Exchange SA published this content on 13 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 October 2016 09:54:03 UTC.

Original documenthttps://www.gpw.pl/raport_biezacy_en?geri_id=500

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