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54/2015 The threshold of a significant contract exceeded.


 

 


The Management Board of Gremi Media S.A. announces that on December 21, 2015 the total value of contracts concluded by the Company together with its subsidiaries, the subsidiaries of Mr. Grzegorz Hajdarowicz reached PLN 8,377,580, i.e. a value exceeding 10% of the equity of the Issuer.

The agreement with the highest value is the loan agreement in the amount of PLN 5,000,000 concluded on December 21, 2015 between Gremi Media S.A. as Lender, and KCI S.A. with its registered office in Cracow as the Borrower with a due date on December 10, 2016.

The interest rate on the loan was set at arm?s length. The agreement contains no contractual penalties, has not been concluded subject to the condition.

 

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