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97/2006: Material agreement concluded with Hydrobudowa Włocławek S.A., a subsidiary

2006-11-25



The Board of Directors of PBG S.A. hereby informs to have been informed about the conclusion of a material agreement for the estimated total value of PLN 44,003,579.33, between PBG S.A. and Hydrobudowa Włocławek S.A.
Under the agreement of the highest value, concluded on 24th November 2006, PBG S.A. extended a loan to Hydrobudowa Włocławek S.A. of PLN 30,000,000 up to 31st March 2007. The interest rate has been determined at the level similar to market conditions. Loan repayment shall be secured by a blank promissory note and a promissory note declaration issued by the Borrower.

The said agreement is considered material based on the total shareholders' equity criterion.

Legal basis: § 5 item 1.3 of the Regulation of 19 October 2005 on current and interim information provided by issuers of securities.


Signature of the authorised person:
Michał Zboralski
 

Pliki:

Full version of report (.pdf - 56,32 kB)

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