26/2017 Notice of the premature redemption of bonds series B of CPD S.A.

Management Board of CPD S.A. with its registered office in Warsaw (the “Issuer”, “Company”) would like to inform that on 28 June 2017 the Management Board adopted the resolution on the premature full redemption of bonds series B at the request of the Issuer (the “Resolution”).

In accordance with the Resolution, the Company shall complete the premature redemption (the “Premature Redemption”) of all bearer bonds series B i.e. 30 000 (thirty thousand) bonds with the nominal value of 1000 (one thousand) zlotys each (the  “Bonds”). Premature Redemption shall be completed in the mode and under the terms and conditions as prescribed in par. 11 of the Terms of Issue of Ordinary Bearer Bonds series B (the “Terms of Issue”).

The date of Premature Redemption was fixed in accordance with par. 11.5 of the Terms of Issue i.e. at 13 July 2017.

In connection with the Premature Redemption, the Bond holders shall be entitled to the following benefits per each Bond:

a)    monetary benefit consisting in the payment of the Amount of the Premature Redemption in accordance with the Terms of Issue i.e. the amount constituting the product of the number of Bonds subject of the Premature Redemption and their nominal value, increased by the due and unpaid interest on the Bonds;

b)    monetary benefit consisting in the payment of the premium in the amount of the product of 0.5% of the nominal value of the Bonds and each complete 6 months (calculated as 182 days) left for the initial redemption date, i.e. 13 January 2019.

Bonds are recorded in the register maintained by the Brokerage House Dom Maklerski Banku Ochrony Środowiska Spółka Akcyjna with its registered office in Warsaw (”DM BOŚ”). Premature redemption of the Bonds shall be effected through DM BOŚ.

The Premature Redemption shall be effected by the transfer of funds to the securities’ account of the Bond holder through DM BOŚ and the entity maintaining the said account.

 

Legal basis:

Article 17.1 MAR – Inside information

 

Signatures of the persons entitled to representation:

Elżbieta Donata Wiczkowska, President of the Board, 29 June, 2017