GLOBE TRADE CENTRE S.A. - Signing of the conditional share purchase agreement

Signing 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: 4/2020

Date: 7 April 2020

Subject: Signing of the conditional share purchase agreement relating to the acquisition of
100% of the shares in the share capital of the majority shareholder of Globe Trade Centre S.A.

The Management Board of Globe Trade Centre S.A. (“Company”) hereby reports that today the
Company received notification from LSREF III GTC INVESTMENTS B.V. with its registered office in
Amsterdam, address: Claude Debussylaan 10, Vinoly Building, 1082 MD Amsterdam, the Netherlands
(“Seller”) and OPTIMUM VENTURES MAGÁNTOKEALAP with its registered office in Budapest,
address: 2 Döbrentei utca, 1061 Budapest, Hungary (“Buyer”), that the Seller and the Buyer entered
into a conditional share purchase agreement relating to the acquisition of 100% of the shares in GTC
Dutch Holdings B.V., which, according to the notification, holds 298,575,091 shares in the Company
representing 61.49% of the share capital of the Company and carrying the right to 61.49% of the total
number of votes in the Company (“Transaction”).

Pursuant to the notification, completion of the Transaction is conditional on the obtainment of decisions
issued by, respectively: (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 to the carrying out of the concentration consisting
of the Transaction.

Pursuant to the notification, upon the completion of the Transaction, the parties will submit the relevant
notifications pursuant to Article 69 et seq. of the Act of 29 July 2005 on Public Offerings and the
Conditions for the Introduction of Financial Instruments to the Organised Trading System and Public
Companies and meet other information obligations as may be required by the relevant provisions of law.

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: 07-04-2020 07:05:00
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