GRUPA DUON SA CURRENT REPORT NO 29/2016 DATED 11.05.2016
Attestation of conformity leverage ratio for series A bond holdersLegal basis: Other regulations Content of the report:
In accordance with paragraph. 19 of Terms of Issue of the Series A Bonds of the Grupa DUON S.A. (the "Company") dated 1 June 2015, the Management Board hereby provides attestation of conformity leverage ratio. Financial leverage ratio referred to in the Terms of Issue of the Series A Bonds, as of 31.03.2016 is 1.06.
The leverage ratio was calculated as defined in the Terms of Issue of the Series A Bonds, based on the ratio of net debt as at 31.03.2016 to EBITDA calculated for the last 12 months i.e. from 01.04.2015 to 31.03.2016. The ratio was calculated based on the quarterly consolidated financial statement of Grupa DUON S.A. for the first quarter of 2016.
Net debt as at 31.03.2016 amounted to PLN 48,879 thousand.
EBITDA for the last twelve months amounted to PLN 45,994 thousand.
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date | First and last name | Title/Function Signature |
11.05.2016 | Mariusz Caliński | President of the Management Board |
11.05.2016 | Michał Swół | Vice-President of the Management Board |
Grupa Duon SA published this content on 12 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2016 10:32:07 UTC.
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