Issue of Bonds under Bond Programme
Legal basis: Article 17(1) of MAR - inside information
With reference to the Current Report No. 45/2020 of 2 September 2020, the Management Board of Develia S.A. (“the Issuer”) inform of the issue of up to 70,000 LCC1023OZ4 series unsecured ordinary bearer bonds, having a par value of PLN 1,000 each and the maximum total par value of PLN 70,000,000 (“the Bonds”), issued under the Issuer’s bond issue scheme up to the aggregate amount (nominal value) of issued and outstanding bonds amounting to PLN 400,000,000.
The issue price of the Bonds will be equal to their par value. The Bonds will be tendered for purchase pursuant to Article 33(1) of the Act on Bonds of 15 January 2015, in such a manner that the Issuer will not be required to make a prospectus or information memorandum. The Bonds will bear floating interest rate equal to WIBOR 3M plus a margin of 3.3% per annum.
The Bonds will be issued on 7 October 2020 and recorded in records kept by mBank S.A., as the issuing agent, and then registered in the securities depository maintained by Krajowy Depozyt Papierów Wartościowych S.A. (the Central Securities Depository of Poland).
The bonds will be introduced to trading in an alternative trading system operated by Giełda Papierów Wartościowych w Warszawie S.A. (the Warsaw Stock Exchange).
The redemption date has been fixed for 6 October 2023.
Legal basis: Article 17 of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 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/EC.