Getin Noble Bank (GNB)

1.93PLN
-0.52% 17:00

Current report 21/2016

11.03.2016

PURCHASE OF ITS OWN BONDS BY THE BANK FOR THE PURPOSE OF THEIR REDEMPTION

Getin Noble Bank S.A. (“Issuer”) hereby informs that on 11 March 2016 the Issuer purchased within package transaction at Alternative Trading System 1089 bonds GNB14001 series labeled with the ISIN code PLGETBK00285, issued by the Issuer on 30 June 2014 within the Debt Securities Issue Program up to the maximum amount of PLN 2,000,000,000 (“Issue Program”).

The Issue Program was established on the basis of the issue agreement and dealership agreement concluded on 20 October 2005 by the Issuer and BRE Bank S.A. (currently mBank S.A.) later replaced by the uniform text of the Issue Agreement changing the terms of the Issue Program. The Issuer informed on this fact in Current report 75/2015 dated 12 June 2014 and Current report 76/2014 dated 17 June 2014.

The legal basis for the bond purchase is Article 25(1) of the Polish Bond Act of 29 June 1995 (Journal of Laws of 2014, No. 730).

The transaction reflected the will of the parties. The bonds were purchased by the for the purpose of their redemption.

The average purchase price of one bond amounted PLN 9,568.45.

Legal basis: Art. 56 (1)(2a) of the Act on public offering and conditions of introducing financial instruments to organized trading system and on public companies (Journal of Laws of 2005 No. 184, item 1539, later amended) in connection with §5 (1)(6) and §12 of the Minister of Finance Regulation of 19 February 2009 on current and periodic reporting by issuers of securities and the rules of equal treatment of the information required by the laws of non-member states (Journal of Laws of 2009 No. 33, item 259, later amended).