Current Reports

4/2016 - Information on conclusion of an amendment to a material agreement

The Management Board of Trakcja PRKiI S.A. (the "Company", "Issuer") announces that today the Company was informed about mutual signing with HSBC Bank Polska S.A. of an amendment to the Agreement of guarantee line up to PLN 70,000,000.00 ("the Agreement") of which the Issuer informed in its Current Report No. 40/2015 of 2 October 2015.

 

Under the amendment, the bank guarantee availability period was extended until 30 September 2016.

 

Other terms of the Agreement remained unaffected.

 

The criterion for deeming the Agreement a material agreement was the fact that the value of the Agreement exceeded 10% of Company's equity capital.

 

 

Legal basis:

Section 5 paragraph 1 subparagraph 3 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing information required by laws of non-member states as equivalent. 

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