Getin Noble Bank (GNB)

-0.86% 12:02

Current report 103/2013



In connection with the report 127/2012 dated 2 October 2012, the Management Board of Getin Noble Bank S.A. (the „Issuer”) hereby informs that today another two conditions of the purchase by the Issuer of an organized part of a banking business of DnB Nord Polska S.A. (“DnB Nord”) were fulfilled.

The above conditions regard obtaining consents of the landlords of DnB Nord branches premises to change the tenant in the number required by the preliminary conditional agreement on the purchase of an organized part of a banking business of DnB Nord concluded on 2 October 2012 (“Agreement”) and obtaining consent of the majority of the customers of DnB Nord to transfer to the Issuer: credit portfolio as being a part of an organized part of the banking business, deposits and active banking accounts. The number of the consents obtained significantly exceeded the minimum expected threshold.

Therefore, all suspensive conditions stipulated in the Agreement were fulfilled. As indicated in the Agreement, the Parties plan to conclude on 24 May 2013 disposing agreement transferring the ownership of an organized part of the banking business of DnB Nord. The Issuer shall inform on the conclusion of the agreement by way of a separate current report.

Legal basis: §5(1)(4) and §10 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 with later amendments).