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GLOBE TRADE CENTRE S.A. - Midroog ceased debt rating for Globe Trade Center S.A

Release Date: 27/01/2020 16:45
Code(s): GTC     PDF:  
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Midroog ceased debt rating for Globe Trade Center S.A

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: 1/2020

Date: 27 January 2020

Subject: Midroog ceased debt rating for Globe Trade Center S.A.

In reference to current report No. 2/2019 of 14 February 2019, the Management Board of Globe Trade
Centre S.A. ("Company"), hereby announces that on 27 January 2020, Midroog (Israel-based credit
rating agency accredited by the State of Israel) announced cessation of debt rating for Globe Trade
Center S.A. at the Company's request, in light of not raising debt in Israel. Prior to its cessation, the
rating stood at A2.il with a stable horizon.

Legal grounds: § 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.

Neither this current report nor the ratings issued by Midroog constitute a recommendation to buy, hold,
and/or sell securities and/or other financial instruments issued or relating to the Company and/or make
any other investment and/or forgo any of these actions.

Neither this current report nor the ratings issued by Midroog constitute investment advice and/or financial
advice, nor do they address the appropriateness of any given investment for any specific investor, in
particular retail investors. Each potential investor should seek and obtain professional advice in respect
of his/her investments.

This current report is neither an offer of securities for sale, nor a solicitation of an offer to
purchase/subscribe for securities, in any jurisdiction.




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: 27-01-2020 04:45:00
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