Current Reports
The Management Board of Trakcja S.A. in Warsaw (”Company”) based on Article. 16 of the Act of August 30, 2019 amending the Act - Commercial Companies Code and Certain Other Acts (Journal of Laws of 2019, item 1798) calls on all shareholders to submit registered share documents to the Company in order to dematerialize them. Share documents should be submitted to the registered office of the Company, at al. Jerozolimskie 100, II floor, 00-807 Warsaw, on working days from 9.00-15.00.
The Management Board of Trakcja S.A. (”Company”) hereby informs that on 23 October 2020 the Company completed the process of cyclical reviews of long-term contracts and collection of financial data for the purpose of preparation of the Company’s individual financial statements for the 9 months ended on 30 September 2020.
The Management Board of Trakcja S.A. (”Company”) hereby informs that on 30 September 2020 the Company received consent of the Majority Financing Entities (as defined in the Common Terms Agreement of 27 September 2019) and Insurers to withdraw from testing financial indicators: the consolidated financial leverage, the individual financial leverage, and the individual and consolidated debt coverage indicators as at 30 September 2020. Initially, the Common Terms Agreements imposed an obligation on the Company to achieve and maintain defined financial indicators starting from 30 September 2020 and in subsequent periods defined in the Common Terms Agreements.