Current report No. 9/2021
Time: 5:05 pm
Subject: Conclude of a real estate sale agreement and a preliminary real estate purchase agreement for real estate located in Warsaw.
Legal basis: Art. 17 sec. 1 of MAR - confidential information
The Management Board of POLNORD SA with its registered office in Warsaw (the "Company"), with reference to the current report No. 6/2021 of January 28, 2021, informs that today the Company concluded an agreement under which it sold two properties with a total area of 13.329 m2 located in in Warsaw.
At the same time, the Company concluded a preliminary agreement for the purchase of real estate with an area of 2.0058 ha, located in Warsaw's Bemowo District ("Real Estate"). On the Real Estate, the Company plans to build a multi-family housing estate with the planned number of apartments: 250 with a usable floor space of apartments of 13.000, with an underground garage and service premises on the ground floor.
The conclude of the agreement for the transfer of ownership depends on the fulfillment of the conditions specified in the above-mentioned agreement.
Legal basis: Art. 17 (1) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market manipulation, and repealing Directive 2003/6/WE, 2003/124/WE, 2003/125/WE and 2004/72/WE.
SIGNATURES OF THE COMPANY’S REPRESENTATIVES
2021-02-19 Michał Melaniuk - President of the Management Board
2021-02-19 Péter Bódis - Member of the Management Board
2021-02-19 Marcin Gomoła - Member of the Management Board