Information on the conclusion of agreements between TIM SA, 3LP SA and mLeasing sp. z o.o.
Date |
2017-02-28 |
Current report no. |
6/2017 |
| Management Board of TIM SA with its registered office in Wrocław notifies that on 27 February 2017 the companies TIM SA and 3LP SA with its registered office in Siechnice, whose 100 % shares are held by TIM SA, received information about signing by mLeasing sp. z o.o. with its registered office in Warsaw of agreements the parties to which are the following: TIM SA, a subsidiary of TIM SA, i.e.– 3LP SA _hereinafter ” 3LP SA _ and mLeasing Sp. z o.o., dated as at 24.02.2017, comprising a leaseback transaction, the subject of which is the acquisition by mLeasing sp. z o.o. from 3LP SA of assets _ equipment of the Logistics Centre in Siechnice, including 3 Kabelmat winders, conveyor systems for the mentioned winders and Dell computers and industrial scales with the total value of PLN 3,424,580.57 gross _in words: three million four hundred twenty four thousand five hundred eighty zlotys 57/100 groszy_ and giving them for use to 3LP SA, whereas the lease agreements were concluded for the period of 72 months with the exception of Dell computers where the lease agreement was concluded for the period of 60 months.
Due performance of obligations under the aforementioned lease agreement is secured by: a_ agreements on conditional acquisition of rights and obligations under lease agreements concluded between TIM SA, 3LP SA and mLeasing sp. z o.o., dated 24.02.2017, whereby TIM SA agreed to acquire the rights and obligations under the above lease agreements in case the company 3LP SA is in default of payment of at least two of lease instalments and despite a written call for payment from mLeasing Sp. z o.o. _ hereinafter : “ Call” _ does not settle the amounts due within the period prescribed in such a Call, provided that TIM SA receives from mLeasing Sp. z o.o. a notification of entering into the rights and obligations and as of the date of its receipt – will automatically assume the rights and obligations of 3LP SA under the aforementioned lease agreements, provided that the aggregate liability of TIM SA under the above agreement is limited to the amount of PLN 3,141,176.40 _ in words: three million one hundred forty one thousand one hundred seventy six zlotys and 40/100 groszy_. The information on signing by mLeasing Sp. z o.o. of the above agreements was received by TIM SA on 27 February 2017. b_ blank promissory notes guaranteed by TIM SA, provided that the total amount of surety by TIM SA has been limited to PLN 3,141,176.40, in words: three million one hundred forty one thousand one hundred seventy six zlotys and 40/100 groszy. Agreements referred to above are successive agreements concluded in this scope by 3LP SA and TIM SA with mLeasing sp. z o.o. . TIM SA informed about previous agreements in current report no. 37/2016 made available to the public on 18.07.2016 and current report no. 51/2016 made available to the public on 25.11.2016. The value of assets _equipment of the Logistics Centre in Siechnice_ from all agreements previously concluded between TIM SA, 3LP SA and mLesing Sp. z o.o. regarding the purchase and leaseback of equipment of the Logistics Centre in Siechnice amounts to PLN 20,437 thousand zlotys gross _ in words: twenty million four hundred and thirty seven thousand_ gross. The total value of suretyship by TIM SA of the agreements mentioned above amounts to PLN 18,141 thousand – in words: eighteen million one hundred and forty one thousand_. Management Board of TIM SA notes that it has decided that the above information is confidential within the meaning of the definition contained in Art. 7 MAR due to the fact that the total amount of the potential liability of TIM SA towards mLeasing sp.z.o.o., being the result of the surety of the above agreements, may have an impact on future financial results of TIM SA. |
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
| 2017-02-28, Artur Piekarczyk – Member of the Board 2017-02-28, Anna Slobodzian-Pula – Member of the Board |