The Management Board of LC Corp S.A. (“the Issuer”) informs about premises sold and delivered by companies of the LC Corp Group in 1Q 2018:
I. Total number of premises sold in 1Q 2018 was 873, of which:
– 649 sold under development and preliminary agreements in the form of notarial acts (residential premises, upon having obtained certificates of occupancy, and retail premises; in 1Q 2017 it was – 553) excluding agreements terminated;
– 224 under reservation agreements that are expected to convert into development agreements in the subsequent period.
II. Delivered premises (final sales agreements) which will be recognised in the results for 1Q 2018 – 702 (in 1Q 2017 – 503).
This information will be used for publications in the press.
This information, according to the Issuer’s Management Board, constitutes inside information within the meaning of Article 17(1) of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse.