25f9fd95-a028-4a68-ae27-536e5ad26bf5.pdf Current Report no. 41/2016

Number and Date of the Current Report:

Current Report no. 41/2016 dated 5 May 2016 Subject of the Current Report:

ROBYG S.A. - Purchase by a company from ROBYG Group of 99,74% of shares in the share capital of a project company holding land in Warsaw in Wola district and establishment of a mortgage on the said land.

Legal basis:

Article 56 Section 1 point 1 and 2 of the act on public offerings and the terms and conditions of introduction of the financial instruments to the organized system of trading and on public companies in connection

Contents of the Current Report:

The Management Board of ROBYG S.A. with its seat in Warsaw (the "Company"), hereby announces that on 5 May 2016 a subsidiary of the Company (the "Purchaser") has made an investment in the development project in Warsaw, Wola District, through the purchase Company of 15,153 of shares in the share capital of a project company Przedsiębiorstwo Zaplecza Technicznego "Transbud" S.A. ("Transbud") representing 99.74% of the capital Transbud for the total price of approximately PLN 46,000,000 and by this acquisition of the land located at Jana Kazimierza str. in the Warsaw, Wola District owned by Transbud.

The total area of the property is approx. 25,000 square meters and will be used for the purposes of future investment projects.

The Company estimates that the real property allows for the construction of above 800 residential units.

Simultaneously, on 5 May 2016, Transbud has established on the above-mentioned land for which the District Court for Warsaw-Mokotów, X Land and Mortgage Division maintains the land and mortgage book no. WA4M/00140730/4 a mortgage on the basis of a declaration in a form of a notarial deed regarding the establishment of the mortgage up to the maximum secured amount of PLN 57,000,000 in favour of the Company in order to secure repayment of a loan granted by the Company to the Purchaser for the purchase of above shares.

The estimated value of the land encumbered with the mortgage corresponds with the above- mentioned value of the transaction.

The value of the abovementioned transaction and of the above-mentioned land do not exceed 10% of the Company's equity.

Signatures of the Management Board:

Zbigniew Okoński -President of the Management Board of ROBYG S.A. Artur Ceglarz - Vice-President of the Management Board of ROBYG S.A.

Robyg SA published this content on 05 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 May 2016 07:22:05 UTC.

Original documenthttp://ri.robyg.pl/wp-content/uploads/sites/3/2016/02/ROBYG_RB_41_2016_Land_EN.pdf

Public permalinkhttp://www.publicnow.com/view/96B9D799F536215FBA6719350FFB588BFBD0AAF6