Granting of a guarantee by a subsidiary of Netia (45/2012)
The guarantee was granted in favour of the Lenders in order to secure of all the claims or rights, whether present or future, actual or contingent, including interests resulting from the credit facility and revolving loan granted on the basis of the Agreement dated 29 September 2011 in the aggregate amount of PLN 700,000,000 which was guaranteed by Dialog up to the maximum secured amount of PLN 1,108,500,000. The guarantee was granted for the entire term of the Facility Agreement no longer than until 31 December 2017. Netia is the sole shareholder of Dialog. The abovementioned guarantee was considered as material due to the fact that its value its greater than 10% of the Netia’s own capital.
§5, section 1.7 and §13 of the Regulation dated 19 February 2009 regarding current and interim reports published by issuers of securities and on conditions of considering as equivalent the information required by law of a non-member state (Journal of Laws 2009, No. 33, item 259, as amended) and Art. 56, section 1.2 of the Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organized Trading, and on Public Companies (Journal of Laws 2005, No. 184, item 1539, as amended).