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Fulfillment of the condition regarding concluded conditional agreement

Report number: RB 14/2012   Report created: 2012-09-06  



The Board of Directors of ALMA MARKET S.A. ('Company') hereby announces that has received information that on September 5, 2012 the Company’s subsidiary - Flor Spółka z ograniczoną odpowiedzialnością Spółka Komandytowa (‘Flor’) had signed a definitive property sales agreement with Riviera UBM limited liability company ("UBM"), based in Warsaw. The subject of the agreement is a sale by Flor of the right of perpetual usufruct of land and structures located in Krakow at 6 Pilotów St. for a net price of  EUR 5 million (EUR 6.15 million VAT included). UBM is to build an office building on above mentioned property.

As a result, a condition precedent to the lease agreement concluded on June 22, 2012 between the Company and UBM has been fulfilled, i.e. the conclusion of the sales agreement of the above mentioned property. On other details of the lease agreement the Company informed in current report RB 07/2012 dated June 22, 2012.

Legal basis: § 5 section 1 point 4) Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by law of a non-member state (Journal of Laws 2009 No. 33, item. 259) as amended.

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