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2017

Number Date Subject
108/2017 2017-12-29 Early bond redemption and acquisition of bonds of Boryszew S.A. by subsidiaries

Boryszew S.A. with a registered office in Warsaw (Company) hereby informs that on December 29, 2017 the Company redeemed early:


1) 15 series A5 registered bonds with a nominal value of PLN 1,000,000.00 each and a total nominal value of PLN 15,000,000.00, bought by Hutmen S.A. with a registered office in Wrocław. The said bonds were issued on January 2, 2017 and were to be redeemed on December 31, 2017.
2) 1 series A6 bond with a nominal value of PLN 1,000,000.00 and a total nominal value of PLN 1,000,000.00, bought by S and I S.A. with a registered office in St. Sulpice, Switzerland. The said bonds were issued on January 2, 2017 and were to be redeemed on December 31, 2017.


The Company also informs that on December 29, 2017, under the Boryszew S.A. registered bond issue program adopted by way of resolution no. 153/2016 of the Board of Directors of Boryszew S.A. of July 28, 2016 (further amended):
1) Hutmen S.A. with a registered office in Wrocław – an indirect subsidiary of Boryszew S.A., acquired 14 (say: fourteen) series A13 registered bonds with a nominal value of PLN 1,000,000.00 (say: one million) each. The total nominal value of the bonds of the said series amounts to PLN 14,000,000.00 (say: fourteen million zlotys).
The interest on the bonds was determined at market conditions. The bond redemption date was set at December 31, 2018.
2) S and I S.A. with a registered office in St. Sulpice, Switzerland - an indirect subsidiary of Boryszew S.A., acquired 1 (say: one) series A14 registered bond with a nominal value of PLN 1,000,000.00 (say: one million). The total nominal value of the bonds of the said series amounts to PLN 1,000,000.00 (say: one million zlotys).
The interest on the bonds was determined at market conditions. The bond redemption date was set at December 31, 2018.
3) WM Dziedzice S.A. with a registered office in Czechowice-Dziedzice – an indirect subsidiary of Boryszew S.A., acquired 1 (say: one) series A15 registered bond with a nominal value of PLN 1,000,000.00 (say: one million). The total nominal value of the bonds of the said series amounts to PLN 1,000,000.00 (say: one million zlotys).


The interest on the bonds was determined at market conditions. The bond redemption date was set at December 31, 2018.


The purpose of the acquisition of the above-mentioned bonds was to allocate available funds of subsidiaries as part of liquidity management at the level of the Boryszew Capital Group.


Detailed legal basis: sec. 5 par. 1 item 6 of the Ordinance of the Minister of Finance of February 19, 2009 regarding current and periodic information to be submitted by issuers of securities and the equivalency conditions of the information required by the law of a non-member (Journal of Laws of 2014, item 133, further amended).


Signatures:
Aleksander Baryś – Member of the Management Board
Paweł Tokłowicz – Proxy

 

Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.
 

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