Alma – delicatessen

Applying for approval of the terms of sale of an organized part of an enterprise

Report number: RB 61/2017   Report created: 2017-07-17  

Alma Market Management S.A. (hereinafter referred to as the "Company") informs that on July 17, 2017, in addition to the bankruptcy filing requested by the Company in the current report No. RB 34/2017, filed with the District Court for Kraków-Śródmieście in Kraków, Commercial for bankruptcy and restructuring, application for approval of the terms of sale of the organized part of the debtor company Alma Market Spółka Akcyjna with its registered office in Krakow, to IMMOMOK of a limited liability company in Warsaw, for a total net amount of 94,000,000.00 (ninety four million PLN, payable in full at the conclusion of the sale contract. The sale of an organized part of an enterprise will allow you to obtain the most favorable price in bankruptcy and, moreover, will secure the debtor company from any possible fall in its value and further reduce the costs of bankruptcy. It will also enable faster and more complete satisfaction of creditors and a significant reduction in the duration of insolvency proceedings. The proposed transaction is intended to preserve the Debtor's business and thus maintain a few hundred jobs.