The agreement made by and between TIM SA, 3LP SA and mLeasing Sp. z o.o.
Current report no.
|The Management Board of TIM SA with its registered office in Wrocław hereby announces that on 14-06-2017 TIM SA and 3LP with their registered offices in Siechnice in which TIM SA owns 100% shares were notified on signing by mLeasing sp. z o.o. with its registered office in Warsaw of agreements with the following parties: TIM SA, a subsidiary of TIM SA i.e.-3LP SA _hereinafter referred to as “3LP” SA _ and mLeasing Sp. z o.o., as of 14.06.2017, being a part of the transaction of financial leasing, the subject of which is the acquisition by mLeasing Sp. z o.o. from SSI SCHAFER sp. z o.o. and DistriSort Projects B.V. of the following assets: _ equipment of the Logistics Centre in Siechnice, including the conveyor system from SSI Schafer and the Sorting System from Distri Sort _ with a total value of PLN 22.942.710,00 net _ in words: twenty-two million nine hundred and forty-two thousand seven hundred and ten PLN_ and providing it to 3LP SA for use, where the leasing agreements have been concluded for a period of 72 months. The security of the proper performance of the obligations arising out of the said lease shall be as follows:
At the same time, the Management Board of TIM SA announces that on 14.06.2017 it was notified on signing by mLeasing sp. z o.o. of annexes to the existing Agreements on the conditional acquisition of rights and obligations under the lease agreements concluded by and between TIM SA, 3LP SA and premium SP. z o.o. Pursuant to the above annexes, the total value of guarantees by TIM SA for the above agreements has been reduced to the amount of PLN14,670,629.34 _ in words: fourteen million six hundred and seventy thousand six hundred and twenty-nine and 34/100 _. The reduction to the total amount of PLN14,670,629.34 _ in words: fourteen million six hundred and seventy thousand six hundred and twenty-nine and 34/100 _ shall also apply to the value of the guarantee by TIM S.A. of its own promissory notes filed as a security for the above effective agreements.
The agreements referred to above are successive agreements concluded in the said regard by 3LP SA and TIM SA with mLeasing sp. z o.o.. TIM SA informed about the previous agreements in current statement No. 37/2016 published on 18.07.2016, in current statement No. 51/2016 published on 25.11.2016 r and in current statement No. 6/2017 published on 28.02.2017.
The value of the assets _i.e. the equipment of the Logistics Centre in Siechnice_ under the previously concluded agreements by and between TIM SA, 3LP SA and mLeasing Sp. z o.o. on the purchase and lease of the equipment of the Logistics Centre in Siechnice amounts to PLN39,558,699.58 NET _ in words: thirty-nine million five hundred and fifty-eight thousand six hundred and ninety-nine and 58/100 PLN_.
The total value of TIM SA guarantee for the above agreements amounts to PLN 21 670 629.34 _ in words: twenty-one million six hundred and seventy thousand six hundred and twenty-nine and 34/100 PLN_.
The Management Board of TIM SA indicates that the above information has been considered confidential within the meaning of the definition set out in Article 7 MAR due to the fact that the total amount of the potential liability of TIM SA towards mLeasing sp. z.o.o. arising from the fact of the above guarantee for the agreements may have an impact on the future financial results of TIM SA.
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
|2017-06-14, Anna Słobodzian-Puła – Member of the Management Board
2017-06-14, Piotr Tokarczuk – Member of the Management Board