Information about the number of flats/premises sold and transferred by the LC Corp Group companies in Q1 2017
Legal basis: Art. 17.1 of the Market Abuse Regulation - confidential information
The Management Board of LC Corp S.A. (the “Issuer”) presents the information about the sale and transfers of flats/premises by the LC Corp Group companies in Q1 2017:
I. The flats/premises sold in Q1 2017 totalled 741, including:
– 553 pursuant to notarial developer and preliminary agreements (in the case of residential premises after the occupancy permit has been obtained, and retail premises) reduced by withdrawals (in Q1 2016 – 461),
– 188 pursuant to reservation agreements, whose transformation into developer agreements is assumed in the next period.
II. Transfers (final sale agreements) that will be recognised in the performance in Q1 2017 – 503 (in Q1 2016 – 166).
This information will be used for publications in the press.
In the opinion of the Issuer's Management Board, this information represents confidential information within the meaning of Art. 17.1 of the regulation of the European Parliament and of the Council (UE) No. 596/2014 of 16.04.2014 regarding market abuse.