Current report: CR 48/2018 - Information on the opening of negotiations regarding the settlement before the date of SALAMANKA's bonds. Company z o.o. in Warsaw of considerable value.

Date of preparation: 2018-08-00 / Legal basis: Art. 17 sec. 1 MAR - confidential information and Art. 56 sec. 1 point 2 of the Act on the offer - current and periodic information Current Report: CR 48/2018 Subject: CR 48/2018 - Information on the opening of negotiations regarding the settlement before the date of SALAMANKA's bonds Spółka z o.o. in Warsaw of considerable value.

Current Report: CR 48/2018

Subject:CR 48/2018 - Information on the opening of negotiations regarding the settlement before the date of SALAMANKA's bonds Spółka z o.o. in Warsaw of considerable value.

Date of preparation:2018-08-09
Legal basis:Article 17 para. 1 MAR - confidential information and Art. 56 sec. 1 point 2 of the Act on the offer - current and periodic information

Contents of the report: The Board of Chemoservis-Dwory S.A. ('Company', 'Issuer') acting pursuant to art. 17 sec. 1, 4 and 7 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse 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 / WE ('MAR'), provides the following confidential information regarding the commencement by the Company on 08 August 2018 of negotiations with Salamanca's representatives and companies potentially interested in purchasing bonds issued by SALAMANKA with the maturity date of 2019, held by Issuer, as part of mutual settlements, with a value of PLN 9,825,000. The negotiation time was set to August 28, 2018 ('Confidential Information').

Publication of the Confidential Information to the public was delayed on August 8, 2018 on the basis of art. 17 sec. 4 MAR. At the same time, in the opinion of the Issuer's management, false media reports appearing around the Company that could affect the decision of the Court regarding recognition of the Company's restructuring request, and due to the board's preparation to the Court regarding negotiations on the offsetting settlement of the Salamanca Bonds, for not less than 75% of their face value, while the Temporary court supervisor assessed, in the report for the Kraków-Śródmieście District Court, those Bonds in the amount of PLN 0.00, justify the obligation to immediately disclose the Confidential Information referred to in Art. 17 sec. 7 MAR, ie the situation when confidential information after 08 August 2018 can be made available in the files of restructuring proceedings. Therefore, the Management Board decided to disclose on August 09, 2018 the Confidential Information about negotiations with the interested buyer started on 08 August 2018. The success in the negotiations should allow the Issuer's Company to lengthen itself by an amount of no less than PLN 7.4 million.

The basis for the secrecy of further information is Art. 17 par. 1 MAR indicating that the publication should enable 'quick access and full, correct and timely evaluation of information by the public'. Detailed information on the concluded contract will be published within the time limit resulting from the MAR directive and will be available on the Issuer's website for a period of at least 5 years.

Signed:The Management Board of the Company