The Article 17 item 1 of the MAR – confidential information.
The Board of Directors of the Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) with its registered office in Chojnice (“The Issuer”), with reference to the current report No. 1/2017 as of January 13, 2017, No. 3/2017 as of January 17, 2017, No. 5/2018 as of February 6, 2018, No. 22/2018 as of July 10, 2018 as well as the No. 1/2019 as of January 14, 2019, informs that today, i.e. on December 13, 2019, to the registered office of the Issuer a duly signed annex to the agreement as of December 21, 2017 is delivered, concluded with Bank Handlowy w Warszawie S.A. with its registered office in Warsaw (“The Bank”) regarding the method for repayment of the liabilities for the mortgage established on the property belonging to the Issuer as a security for the credit granted to Navimor-Invest S.A. by the Bank based on a credit agreement in current account as of July 11, 2014, as amended (“Credit Agreement”).
By this annex the method and dates to make repayments due to claims held by the Bank towards the Issuer are changed. In accordance with the provisions of this annex concluded, the Issuer is committed to make repayment of its debts to the Bank until December 18, 2020, in the following instalments:
• 5 instalments of PLN 30,000.00 to be paid monthly on the dates indicated in detail in the annex signed, from December 2019 to April 2020,
• 7 instalments of PLN 50,000.00 to be paid monthly on the dates indicated in detail in the annex signed, from May 2020 to November 2020,
• the last instalment of PLN 250,000 to be paid on December 18, 2020.
The repayments will be counted on the principal receivable of the Credit Agreement.
The other relevant provisions of the Agreement as of December 21, 2017 shall remain unchanged.
At the same time, with reference to the current report No. 43/2013 as of December 17, 2013, current report No. 37/2015 as of December 15, 2015, current report No. 1/2018 as of January 3, 2018 as well as current report No. 38/2018 as of December 28, 2018, the Board of Directors of the Issuer informs that also today, i.e. on December 13, 2019, to the registered office of the Issuer a duly signed annex to the credit agreement in current account No. BDK/KR-RB/000091698/0220/13 is delivered as of December 17, 2013 (“Annex”) concluded with Bank Handlowy w Warszawie S.A. with its registered office in Warsaw. In accordance with the provisions of the Annex, the Bank has agreed to extend the date for repayment of the credit by December 18, 2020.
Other relevant provisions of the credit agreement annexed shall remain unchanged.
SIGNATURES OF THE COMPANY REPRESENTING PERSONS
Date First name and Surname Position/Function Signature
2019-12-13 Krzysztof Kosiorek-Sobolewski Chairman of the Board of Directors
2019-12-13 Marcin Garus Deputy Chairman of the Board of Directors