Acquisition and redemption of part of bonds by the Issuer
Legal basis: Acquisition and redemption of part of bonds by the Issuer
The Management Board of LC Corp S.A. (“Issuer”) reports that today (i.e. 26 November 2013) the Issuer acquired, for the purpose of redemption, 110 Series LCC001150414 unsecured dematerialised coupon bonds, marked with code ISIN PLLCCRP00033, having a par value of PLN 100,000.00 each and the total par value of PLN 11,000,000.00 (“Bonds”) issued on 15 April 2011, of which the Issuer informed in Current Report No. 16/2011 of 15 April 2011.
The bonds were acquired by the Issuer for the purpose of redeeming them, pursuant to Art. 25.1 of the Act on Bonds of 29 June 1995 (Dz. U. /Journal of Laws/ of 2001, No. 120, item 1300 as amended).
Concurrently, the Issuer’s Management Board reports that also on 26 November 2013 the resolution of the Issuer’s Management Board was adopted on the redemption of all 110 (one hundred and ten) Bonds acquired by the Issuer.
In connection with the said redemption, the Issuer will immediately file its application with Krajowy Depozyt Papierów Wartościowych S.A. (Central Securities Depository of Poland) for a relevant reduction in the number of the Bonds marked with code ISIN: PLLCCRP00033.
In the Issuer’s opinion the above information represents the confidential information in the meaning of Art. 154 of the Act on Trading in Financial Instruments of 29 July 2005.