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GLOBE TRADE CENTRE S.A. - Inside information

Release Date: 03/04/2018 08:00
Code(s): GTC     PDF:  
Wrap Text
Inside information

 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”)




GLOBE TRADE CENTRE S.A.
Current report number: 5/2018

Date: 3 April 2018

Subject: Inside information




The Management Board of Globe Trade Centre S.A. informs about receiving on 2 April 2018 from the
majority shareholder in the Company, LSREF 111 GTC Investments B.V. ("Lone Star”), with its
registered head office in Amsterdam, the Netherlands, a notification that Lone Star decided to review
its options in relation to its investment in Globe Trade Center S.A. and appointed J.P.Morgan and UBS
to assist them in this strategic review.

Pursuant to the notification, amongst the options under review, Lone Star is considering a sale of its
entire stake to a strategic or financial investor and is not contemplating a placing of any of its shares in
the public equity markets by way of an accelerated book building.

Lone Star also confirmed in the notification its continued support for the management team, who, over
last few years, has been successfully re-aligned the strategy with value creation


Legal grounds: Article 17 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".


Signed by:




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




 Warsaw, Poland
 Sponsor: Investec Bank Limited

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