Subject: Change in the nominal value of JWC0520 series bonds
Legal basis: Article 56(1)(2) of the Act on Public Offering - current and periodic information
Content of the report:
Pursuant to §5(2) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws No. 2018, item 757), J.W. Construction Holding S.A. ("Company") informs that on 30 May 2019 the Company redeemed 40% of the original nominal value of series JWC0520 bonds, marked with ISIN code PLJWC000000118, issued pursuant to the Resolution of the Management Board of the Company of 15 May 2017 with the maturity date of 29 May 2020, in the total number of 70,000, in the initial nominal value of PLN 1,000 each bond ("Bonds"). Together with the redemption conducted today, the Company has redeemed 50% of the nominal value of each of the Bonds.
As a result, the nominal value of each Bond, which before the redemption was PLN 900, has been altered, and currently amounts to PLN 500.
The redemption was performed in accordance with the terms and conditions of the Bonds issue and within the time limit specified thereby.