Execution of a right to usufruct transfer agreement
Current report no. 26/2018
Legal basic: Article 17(1) MAR
In reference to the current report No. 13/2018 of 19.03.2018, the Management Board of “Polimex-Mostostal” SA with its registered office in Warsaw (”the Company”) announces that, as a result of the fulfillment of the conditions precedent, today an agreement transferring the right of perpetual usufruct and ownership of buildings, structures and equipment in Łódź at ul. Puszkina 76 (the “Property”) was executed by the Company.
The agreement constitutes an implementation of a previously concluded conditional agreement. The sale of the Real Property is part of the agreement executed with financial creditors on the conditions for handling of the Company’s financial debt.
Report file