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GLOBE TRADE CENTRE S.A. - Fulfillment of conditions precedent of the conditional share purchase agreement

Release Date: 27/05/2020 13:21
Code(s): GTC     PDF:  
Wrap Text
Fulfillment of conditions precedent of the conditional share purchase agreement

GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)


Current report number: 9/2020

Date: 27 May 2020


Subject: Fulfillment of conditions precedent of the conditional share purchase agreement
between LSREF III GTC INVESTMENTS B.V. and OPTIMUM VENTURES MAGÁNTOKEALAP


In reference to the current report no. 4/2020 dated 6 April 2020, the Management Board of Globe Trade
Centre S.A. (“Company”) hereby reports that the Company received confirmation that all condition
precedents of the conditional share purchase agreement relating to the acquisition of 100% of the shares
in the share capital of GTC Dutch Holdings B.V., the majority shareholder of Globe Trade Centre S.A.
were fulfilled i.e., decision of (i) the President of the Office of Competition of the Republic of Poland
(Prezes Urzedu Ochrony Konkurencji i Konsumentów), (ii) the Hungarian Competition Authority
(Gazdasági Versenyhivatal), and (iii) the Commission for the Protection of Competition in the Republic
of Serbia (Komisija za Zastitu Konkurencije) granting consent for the transaction between LSREF III
GTC INVESTMENTS B.V. with its registered office in Amsterdam, address: Claude Debussylaan 10,
Vinoly Building, 1082 MD Amsterdam, the Netherlands and OPTIMUM VENTURES
MAGÁNTOKEALAP with its registered office in Budapest, address: 2 Döbrentei utca, 1061 Budapest,
Hungary.

Legal grounds: Art. 17(1) of 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 – inside information.



Signed by:


/s/ Thomas Kurzmann                        /s/ Erez Boniel
President of the Management Board         Member of the Management Board


Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 27-05-2020 01:21:00
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