8/2018 Conclusion of a Conditional Sale Agreement Rights to perpetual usufruct of a real estate owned by a subsidiary of the Issuer 18 Gaston Investments sp. z o.o. sp. k.

The Management Board of CPD SA (“Issuer“) informs that the subsidiary of Issuer 18 Gaston Investments sp. z o.o. sp. k., with its registered office in Warsaw (the “Company“) 22 February 2018 concluded a conditional agreement for the sale of the perpetual usufruct right to the real property comprising plot no. 148/2, no. 2-09-09 with an area of ​​837 m2, located in Warsaw, Ursus District, near ul. Traktorzystów (“Agreement“) for Ronson Development – City 3 Sp. z o.o. Sp. K. ( “Purchaser“).

According to the provisions of the Local Master Plan, the real estate is intended for the majority of services and multi-family housing.

A precondition for the conclusion of final sale agreement is the failure of the President of the Capital City of Warsaw to, the right of first refusal to this property and land plot no. 98/1.

The selling price of perpetual usufruct right has been set for PLN 3 million net + VAT 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, 22 February 2018

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