Getin Noble Bank (GNB)

1.22PLN
-0.81% 17:00

Current report 50/2014

13.03.2014

ESTABLISHING PLEDGE ON ASSETS OF SIGNIFICANT VALUE

The Management Board of Getin Noble Bank S.A. (the „Issuer”) hereby announces that today, i.e. on 13 March 2014 it took knowledge of the fact that due to the planned opening of a tranche of a credit
in the amount of 20 million Euro and PLN 333,264,000.00 (equivalent of 80 million Euro) resulting from the credit agreement concluded on 23 January 2014, on which the Issuer informed in Current report 19/2014 dated 24 January 2014 (“Agreement”) a pledge was established on the Issuer’s assets in favour of the European Investment Bank with its registered office in Luxemburg (“EIB”) in connection with the Agreement.

The Issuer (pledger) concluded with EIB (pledgee) finance pledge agreement on debt securities deposited on the Issuer’s account run by the National Depository for Securities in order to secure the repayment of funds transferred within the Agreement plus interest, commission and other cost stipulated in the Agreement.

Limited proprietary right was established on 11-year-Polish treasury bonds of the Issuer (with maturity date falling in January 2018) of the unitary nominal value of PLN 1000 and accounting value of PLN 558,728,800.00.

There are no relations between the Issuer as the pledger and its managing and supervising persons and EIB as the pledgee.

The legal basis of this report is connected with the value of collateral as the pledge is established on the assets of significant value.

Legal basis: Article 56(1)(2a) of the Polish Act of 25 July 2005 on public offering and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539 later amended) in connection with § 5(1)(1,3) 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).