12/2018 Conclusion of Final Sale Agreement Rights to perpetual usufruct of a real estate owned by a subsidiary of the Issuer IMES Poland sp. z o.o.

The Management Board of CPD SA (“Issuer”) informs that the subsidiary company of the Issuer IMES Poland sp. z o.o., with its registered office in Warsaw (“Company”) 29 March 2018 concluded final agreement for sale of the right of perpetual usufruct of the real property consisting of plot No. 98/1, 2-09-09 with an area of ​​4,244 m2, located in Warsaw, Ursus District, near Gierdziejewski Street (“Agreement”) to Ronson Development – City 3 sp. z o.o. sp. k. (“Purchaser”).

The condition for the conclusion of final sale agreement was the failure of the President of Capital City of Warsaw to the right of first refusal to this property and land plot no. 148/2 till 23^rd of March of 2018. In connection with the fact that the President of Capital City of Warsaw did not use the above right, the condition is considered fulfilled.

The sale price of right of perpetual usufruct of the property has been determined for amount of PLN 4 million net + VAT tax due (“Price”).

The remaining provisions of the Agreements concluded by the Seller do not differ from the standards commonly applicable to this type of contracts.

 

Legal basis:

Article 17 para. 1 in zw. from art. 7 par. 1 a), para. 2 and 4 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003 / 124 / WE, 2003/125 / EC and 2004/72 / EC (“MAR Regulation”) in connection with art. 2 and 3 of Commission Implementing Regulation (EU) 2016/1055 of 29 June 2016 laying down implementing technical standards with regard to technical conditions for the proper public disclosure of confidential information and delaying the disclosure of confidential information in accordance with Regulation of the European Parliament and of the Council (EU) No. 596/2014 in conj. from art. 70 point 1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies. This current report contains confidential information within the meaning of art. 7 of the MAR Regulation.

Signatures of persons representing the Company:

Elżbieta Wiczkowska, President of the Board, 29 March 2018