Warsaw, 17 March 2011 18/2011 Pursuant to § 56 clause 1
Transkrypt
Warsaw, 17 March 2011 18/2011 Pursuant to § 56 clause 1
Warsaw, 17 March 2011 18/2011 Pursuant to § 56 clause 1 point 1) of the Act of 29 July 2005 on public offerings and conditions governing the introduction of financial instruments into organized trading and on public companies (Journal of Laws of 2005, No. 184, item 1539) the Management Board of Sygnity Spółka Akcyjna with its registered office in Warsaw, hereby informs about conclusion of a credit agreement with Deutsche Bank PBC Spółka Akcyjna with its registered office in Warsaw The Management Board of Sygnity Spółka Akcyjna with its registered office in Warsaw ("Sygnity", "the Company") hereby informs that on 17 March 2011 it concluded with Deutsche Bank PBC Spółka Akcyjna with its registered office in Warsaw ("Bank") a Credit Agreement on a Multi-purpose Credit Line ("the Agreement"), pursuant to which the Bank has granted Sygnity a credit line in the amount of PLN 30,000,000 (thirty million zloty). The line will be dedicated to co-funding of the Company's current operations in the form of a credit facility and a bank guarantee limit. The credit line will expire after 36 months, i.e. it will be valid until 31 March 2014. Granting a new credit line by the Bank will facilitate execution of the Company's current projects and participation in tender procedures which will involve being in possession of significant own funds, including bank guarantee limits. Utilization of financial resources released pursuant to the concluded Agreement will not have any significant influence on the Group's indebtedness ratios.