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Information about a decision regarding the refusal to grant consent to the construction of Wilanów
Shopping Centre
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”)
Information about a decision regarding the refusal to grant consent to the construction of the Wilanów
Shopping Centre
Globe Trade Centre S.A. (the “Company”) obtained information that the President of the Capital City of
Warsaw issued a decision regarding the refusal to grant consent to the construction of the Wilanów Shopping
Centre, which was the subject of an application dated 19 August 2014, primarily due to a discrepancy in the
interpretation of the law by the Company and by the President of the Capital City of Warsaw in respect of the
provisions of the zoning plan.
The Company plans to file an appeal against such decision as soon as possible.
The above decision does not impact the book value of the relevant property as recorded in the Company’s
financial statements.
Legal basis: Article 17 section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the
Council of 16 April 2014 on market abuse (the 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.
Warsaw, Poland
Date: 13 October 2016
Sponsor: Investec Bank Limited
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