2015-12-15

Legal basis
Article 56 paragraph 1 item 2 of the Offer Law - current and periodic information

Current report no. 37 / 2015

The Management Board of ZBM 'ZREMB-CHOJNICE' S.A. established in Chojnice hereby informs that within the last twelve months the Company concluded a total of two contracts with Bank HANDLOWY S.A. established in Warszawa, the total vale whereof amounts to 5,000,000.00 PLN (five million zloty), which includes:
1. The Renewable Credit Contract no. BDK/KR-O/000091698/0040/15 in the amount of 1,500,000.00 PLN of the 28th October 2015
2. Annex no. 1 to the Current Account Credit Contract no. BDK/KR- RB/000091698/0220/13 of the 17th December 2013 in the amount of 3,500,000.00 PLN, concluded on the 15th December 2015.

The highest value contract is the annex no. 1 to the credit contract no. BDK/KR-RB/000091698/0220/13 fo the current account credit of the 15th December 2015, with the upper limit of 3,500,000.00 PLN (say: three million and five hundred thousand zloty). Pursuant to the annex the credit payments final date has been specified for not later than 21st December 2017. The security of the aforementioned credit is a mortgage up to the amount of 4,400,000.00 PLN on the real property perpetual usufruct land entered to the land and mortgage register KW no. SL1C/00019540/7 kept by the District Court in Chojnice, V (5th) Land and Mortgage Register Division, accompanied by insurance contract assignment.

The remaining provisions of the contract shall not differ from the provisions which are commonly applied in contracts of this type

This contract meets the criterion of a meaningful contract according to § 5 paragraph 1 item 3 - Ordinance of Finance Minister of 19th February 2009 on current and periodic information to be handed on by the issuers of securities and on terms and conditions for acknowledgment of information, required by legal regulations of the country not being a member country, as equivalent.

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2015-12-15 Danuta Maria Wruck Deputy Chairman of the Management Board
2015-12-15 Kazimierz Stanisław Cemka Deputy Chairman of the Management Board


Zaklad Budowy Maszyn ZREMB-Chojnice SA issued this content on 2015-12-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 09:27:01 UTC

Original Document: http://www.zremb-ch.com.pl/en/__372015___conclusion_of_a_credit_contract-95,1389,96