Subject: Potential bond issue by Construction Holding S.A.
Legal basis: Art. 17 section 1 of the MAR - confidential information
Report's content:
The Management Board of J.W. Construction Holding S.A. with its business seat in Ząbki, Poland, hereinafter referred to as the "Issuer", hereby informs that it considers the issue of unsecured bonds with the total nominal value of PLN 100.000.000 (one hundred million) with the maturity date of up to 4 years since the day of issuing thereof. The intention of the Issuer's Management Board is to conduct the issue of bonds in accordance with the procedure specified in article 33 section 2 of the Polish Act on Bonds, i.e. in accordance with the non-public offer procedure through presenting the acquisition proposal to selected individuals whose number does not exceed 149. Further, more detailed parameters of the issue, including the issue day, currency, and interest rates on bonds shall be determined by the Issuer in the conditions for the bond issue.
The company considers the acquisition of financial means earmarked for the purchase of plots for planned real estate development projects.
The Issuer shall inform in a separate current report about the realization of its intentions.