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WYNIKI FINANSOWE GRUPY AGORA  W 3. KWARTALE 2023 R.

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WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

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Kurs akcji [PLN]

11,60 zł

Zmiana[PLN]

-1,69%

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Company data

AGORA S.A.
Czerska 8/10 Street
00-732 Warszawa

AGO -1,69%
mWIG40 0,13%
WIG-MEDIA 1,02%

Regon: 11559486
Numer KRS: 59944
NIP: 526-030-56-44

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May 24, 2016 / 13:12

08/2016 Execution of the Annex no. 2 to the Agreement granting Agora multi-purpose credit line

Regulatory filing

The Management Board of Agora S.A. with its registered seat in Warsaw ("the Company") hereby informs that on May 24th, 2016 the Company signed an Annex no.2 to a multi-purpose credit line agreement ("Agreement") with Bank Polska Kasa Opieki S.A. ("Bank). The original Agreement was signed on May 28th, 2014; the Company informed about this fact in a current report no. 10/2014 dated May 28th, 2014 as well as in a current report no. 10/2015 dated May 26th, 2015. The Annex shall become effective on May 25th, 2016.

According to the hitherto provisions of the Agreement, the Company could use the credit facility in the current account (up to PLN 35,000,000) till May 28th, 2016 and time credit (up to PLN 100,000,000) till May 31st, 2016. In 2016, according to Annex no. 1 of the Agreement, the Company used time credit of PLN 25,000,000 within the credit limit for financing of the fiscal expenditure realized in the normal course of business of the Company. It will paid up in 13 equal installments from June 30th, 2017 to June 30th, 2020.

Due to the above and on the basis of Annex the Company shall be provided by the credit line in the amount of up to PLN 135.000.000 divided into:

- credit facility in the current account of up to PLN 35.000.000, which can be used by the Company till May 28th, 2016,

- time credit of up to PLN 100.000.000, which can be used by the Company till May 31st, 2016. The amount of time credit is reduced by the used and unpaid amounts of the credit. The possible time credit will be paid in 13 equal quarterly installments, from June 30th, 2018 until June 30 th, 2021. Interest rate of the credit is defined on the basis of the WIBOR rate for the assumed interest period plus the Bank's margin.

The maximum amount of the credit limit exceeds 10% of the Company's share capital, therefore, both the Agreement and the Annex amending it, have been recognized as a significant agreement.

Other significant conditions of the Agreement remain unchanged.

Legal basis: § 5, section 1, point 3 of the Ordinance of the Ministry of Finance, dated 19th of February, 2009. (with later amendments) on current and periodic information submitted by issuers of securities and conditions for recognizing as equivalent information required by laws of a non-member state.

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