The Management Board of LC Corp S.A. (the “Issuer”) communicates the information about the sale and transfers of flats/premises by the LC Corp Group companies in H1 2018:
I. The flats/premises sold in H1 2018 totalled 990 – pursuant to notarial developer and preliminary agreements (in the case of residential premises after the occupancy permit has been obtained, and retail premises; in H1 2017 – 952) reduced by withdrawals.
In addition, 194 reservation agreements, whose transformation into developer agreements is planned in the subsequent period, have been concluded.
II. Transfers (final sale agreements) which will be recognised in the results for H1 2018 – 1,312 (in H1 2017 – 847).
This information will be used for publications in the press.
In the opinion of the Management Board of the Issuer, this information represents confidential information within the meaning of Article 17(1) of the Regulation of the European Parliament and of the Council (UE) No. 596/2014 of 16 April 2014 regarding market abuse.