Subject: Change in the nominal value of JW10522 series bonds (ISIN PLJWC0000126)
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 18 December 2020, the Company redeemed 5% of the original nominal value of series JW10522 bonds (formerly: JWC1120), marked with ISIN code PLJWC000000126, issued pursuant to the Resolution of the Management Board of the Company of 2 November 2017 with the maturity date of 16 May 2022, in the total number of 94,000, in the initial nominal value of PLN 1,000 each bond ("Bonds"). Including the redemption conducted today, the Company has purchased 75 % of the nominal value of each of the Bonds.
Therefore, the nominal value of each of the Bonds has changed, which before the current redemption amounted to PLN 300 and currently amounts to PLN 250.
The redemption was performed in accordance with the terms and conditions of the Bonds issue. ( 1.1.11, 1.1.27 and 1.1.48) due to the conducted disinvestment.