Netia's subsidiary purchased securities issued by the Company (40/2013)
The key terms and conditions of the Bonds are as follows:
The nominal value of one bond is equal to the issue price and amounts to PLN 10.000.000,00 (ten million). The total nominal value of the Bonds is equal to the issue price of the Bonds and amounts to PLN 50.000.000,00 (fifty million).
The Issuer obliges to buy out the Bonds on 3rd December 2013 (hereinafter referred to as the “Buyout Day”). The buyout of the Bonds takes place by payment of the nominal value of the Bonds together with due and unpaid interests to the purchaser of the Bonds. The Bonds bear interest according to the Wibor 3M rate, determined on the day preceding the day of issuing the Bonds, increased by a margin of 0,9 % calculated per year, throughout the whole period of validity of the Bonds until the Buyout Day. The interest period is the whole period of validity of the Bonds i.e. period from the day of issuing the Bonds to the Buyout Day. The interests will be paid on the Buyout Day.
The Bonds are not secured.
The value of the assumed liabilities of the Issuer as of 30th June 2013 amounts to PLN 1.231.834.000,00 (one billion two hundred thirty one million eight hundred thirty four thousand).
The prospects of shaping the Issuer’s liabilities as of the Buyout Day are estimated at an amount of PLN 1.250.000.000,00 (one billion two hundred fifty million).
The Bonds were issued based on article 9 point 3 of the Polish Bond Law dated 29 June 1995 (Journal of Law dated 2001, No. 120 pos.1300, as amended). The legal basis of the purchase of the Bonds is the Issuer’s offer and the acceptance of the Issuer’s offer.
The purpose of the Bonds purchase is the optimization of the financial liquidity in the Netia Group.
§ 5 item 1 point 6 in connection with § 12 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognising as equivalent the information required by law of a non-member state (Journal of Law dated 2009 No. 33 pos. 259).