1/2020 Conclusion of Sale Agreements by the subsidiaries of the Company

The Management Board of CPD S.A. (hereinafter the “Issuer”) informs that the Issuer’s subsidiaries on 28 January 2020 concluded agreements for the sale of the right of perpetual usufruct of real estate, ie:

1. 6/150 Gaston Investments Limited liability limited partnership with its registered office in Warsaw, plots no. 161/2 and 150/3, no. 2-09-09, located in Warsaw, Ursus district, for Aurec Capital Development Poland sp. z o. o based in Warsaw. The sale price was set at 19.3 million zł.
2. 7/120 Gaston Investments limited liability company with headquarters in Warsaw, plots No. 120/6, 120/13, 120/7, 120/8 and 120/12, District No. 2-09-09 , located in Warsaw, Ursus district, for Aurec Capital Development Poland sp. z o. o based in Warsaw. The sale price was set at approx. 19 million zł net.
3. 18 Gaston Investments Sp. Z o.o. limited liability company with headquarters in Warsaw, plots No. 160 and 120/9 District No. 2-09-09, located in Warsaw, Ursus district, to Agra Development limited liability company with based in Warsaw. The sale price was set at 151 thousand zł net.
4. 19/97 Gaston Investments limited liability company with headquarters in Warsaw, plot no. 97, district number 2-09-09, located in Warsaw, Ursus district, to Agra Development limited liability company with its registered office in Warsaw. The sale price was set at approximately 8.3 million zł net.
5. 20/140 Gaston Investments Limited company limited partnership with its registered office in Warsaw, plot No. 140, District No. 2-09-09, located in Warsaw, Ursus district, to Agra Development limited liability company with its registered office in Warsaw. The sale price was set at approx. 3.8 million zł.

Other provisions of Agreements concluded by the Selling Companies do not diverge from the standards commonly used for this type of agreements.

 

Legal basis:

Article 17.1 MAR – Inside information

 

Signatures of persons representing the Issuer:

Elżbieta Wiczkowska, Member of the Board, 28 January2020

Iwona Makarewicz, Member of the Board, 28 January 2020