LARQ S.A. CURRENT REPORT 19/2017 Subject:

Creation of Security for the Loan Facility Agreement Executed by the Issuer's Subsidiary

General Legal Basis:

Article 17 (1) of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council 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 Directives 2003/124/EC, 2003/125/EC and 2004/72/EC

Text of Report:

With reference to the Current Report 9/2017 of 15 March 2017, the Management Board of LARQ S.A. of Warsaw (hereinafter: the "Issuer") hereby informs that it received, today, a notification of registration of a blank contractual mortgage up to PLN 12,000,000 on the Issuer's right of separate ownership of the premises located in Tamka Street in Warsaw, that serves as security for the loan facility agreement made by the Issuer's subsidiary - NEXTBIKE POLSKA S.A. of Warsaw.

Report Date:

18 May 2017

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