Sharenet Sites 
Sharenet Sites
Information about the judgment of the Supreme Administrative Court
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: 4/2017
Date: 4 April 2017
Subject: Information about the judgment of the Supreme Administrative Court cancelling the
decisions regarding the environmental terms for the construction of the Wilanów Shopping
Centre
Globe Trade Centre S.A. (the “Company”) announces that on 4 April 2017 it obtained information that
the Supreme Administrative Court cancelled both the judgment of the Voivodeship Administrative Court
in Warsaw and the decisions of the Local-Government Appeals Board (Samorzadowe Kolegium
Odwolawcze) in Warsaw and the Mayor of the Capital City of Warsaw determining the environmental
terms for the construction of the Wilanów Shopping Centre. The judgment and decisions were cancelled
on the grounds that the environmental impact report regarding the project contains insufficient
information regarding the impact the liquidation of the project will have on the environment. A new
decision determining the environmental terms of the project must be obtained for the building permit for
the Wilanów Shopping Centre to be issued.
The Company is currently analysing in detail the consequences of the above-referenced judgment of
the Supreme Administrative Court on the completion of the Wilanów Shopping Centre.
Legal basis: Article 17 section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of
the Council of 16 April 2014 on market abuse (the market abuse directive) 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: 04/04/2017 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
