Getin Noble Bank (GNB)

1.83PLN
+ 2.81% 14:57

Current report 67/2014

08.05.2014

ESTABILSHING OF PUBLIC SUBORDINATED BONDS ISSUE PROGRAM OF GETIN NOBLE BANK S.A.

The Management Board of Getin Noble Bank S.A. (the „Issuer”) hereby announces that today, i.e. on 28 April 2014 it took knowledge of the fact that the Supervisory Board of the Issuer approved the Public Subordinated Bonds Issue Program adopted by the Issuer’s Management Board (“Program”).

Bonds issued within the Program shall be issued in many series up to the maximum amount of 750,000,000.00 PLN (in words: seven hundred fifty million zloty) of the nominal value of 1,000.00 PLN (in words: one thousand zloty) per each bond. The Issuer shall issue within the Program at least two series of bonds at intervals not exceeding 12 months from the adoption of the aforementioned resolution of the Management Board of the Issuer. Bonds issued within the Program shall be dematerialized bearer securities.

Bonds shall be interest bearing bonds. Bonds shall bear fixed or variable interest rate. Type of interest rate shall be determined by the Management Board of the Issuer in the form of a resolution. In case of bonds bearing variable interest rate, the interest shall be determined on the basis of WIBOR for zloty deposits for the period fixed by the Management Board of the Issuer in the form of a resolution plus margin.

The terms of the issue within the Program within the meaning of Article 5b of the Polish Bonds Act shall constitute (i) Basic Issue Terms, (ii) information on rules of bonds allotment covered by the Prospectus drawn up for the bonds offer and (iii) for each bonds series Final Issue Terms of Each Series adopted by the Management Board in the form of a resolution on issue of each bonds series.

Bonds shall be introduced to Catalyst Alternative Trading System organized by the Warsaw Stock Exchange.

The Issuer informs at the same time that within the next few days the Issuer shall file at the Polish Financial Supervision Authority the Prospectus drawn up for the purpose of the public offering of bonds within the Program in order to approve.

Legal basis : Article 56(1)(1) of the Polish Act of 25 July 2005 on public offerings and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws No. 184 item 1539 of 2005 later amended).