Agora S.A. - Polish media company
CLOSE
Tool-1

Breaking news


Financial results of the Agora Group in 4Q2022

AGORA, HOME PAGE, NAJNOWSZA AKTUALNOść (TOOLBAR)

Financial results of the Agora Group in 4Q2022

więcej
Tool-3
0

Info box

(
0
)
Notowania

Quotations

Spółka

AGO

Kurs akcji [PLN]

5,90 zł

Zmiana[PLN]

-1,67%

Download

Tool-7

Company data

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

AGO -1,67%
mWIG40 -2,45%
WIG-MEDIA -4,04%

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

Tool-4

January 27, 2023 / 17:49

3/2023 Conclusion of the Annex no. 2 to the revolving loan agreement with Santander Bank Polska S.A. by the subsidiary Helios S.A.

Regulatory filing

The Management Board of Agora S.A. with its registered office in Warsaw ("Agora", "Company") in reference to regulatory filings Nos. 35/2020 of September 24, 2020, 32/2022 of August 26, 2022 and 44/2022 of December 23, 2022, informs that it obtained information on the conclusion by the subsidiary Helios S.A. of Annex no. 2 (“Annex”) to the revolving loan agreement with Santander Bank Polska S.A. based in Warsaw ("Santander"), which was communicated by the Company in regulatory filing No. 35/2020 of September 24, 2020 (“Agreement”). The Company, as the guarantor, has expressed its consent for conclusion of the Annex on January 27, 2023.

Pursuant to the Annex, collaterals defined by the Agreement have been changed in such a way that within the additional collateral of debt repayment under the Agreement, the Company has secured repayment of debt under the Agreement by means of a surety in the amount of up to PLN 9 mio granted in connection with the revolving loan agreement with Santander with a guarantee of repayment of 80.0% of the loan by Bank Gospodarstwa Krajowego, the conclusion of which was communicated by the Company in the regulatory filing No. 44/2020 of December 23, 2020. The surety is additionally secured by means of a declaration of submission to execution made in the form of a notarial deed.

Other provisions on the collaterals remain unaltered.

The Annex also provides for adjustment of the financial indicators (i.a. DSCR (debt-service coverage ratio) and Net Debt / EBITDA ratio) that the company Helios S.A. is required to maintain, parallel to those indicated in regulatory filing No. 44/2022 of December 23, 2022.

 

Legal basis: art. 17 sec. 1 of the Regulation of the European Parliament and of the Council (EC) No 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directive 2003/124/EC, 2003/125/EC and 2004/72/EC (Journal of Laws EC L 173 of June 12, 2014).

Go back

NEWSLETTER

Every day something new happens to us.
We will be happy to tell you about it.

Choose :

Providing an e-mail address means you agree to receive a newsletter containing information about Agora S.A. and companies from the Agora capital group in the selected area. The administrator of your personal data is Agora S.A with its registered seat in Warsaw (00-732), 8/10 Czerska street. Your personal data will be processed in order to deliver the ordered newsletter, as well as for statistical and analytical purposes of the administrator. The consent may be withdrawn at any time by contacting iod@agora.pl, however its withdrawal does not affect the legality of the processing carried out prior to the withdrawal. By withdrawing the consent to receive the newsletter, you resign from receiving all corporate newsletters regarding the activities of Agora SA and companies from the Agora capital group. For more information on the processing of personal data, in particular your rights, see the Agora.pl privacy policy and our transparency policy.