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14/2017 “Concluding a credit agreement between CI Games S.A. and PKO BP S.A.”

By 24 February 2017July 27th, 2021No Comments

Current report no. 14/2017

22 February, 2017

Confidential information – art. 17 item 1 of MAR

Concluding a credit agreement between CI Games S.A. and PKO BP S.A.

The Management Board of the Company CI Games S.A. with its registered seat in Warsaw (“Company”) hereby informs, that today, that is on February 22, 2017, the Company concluded with Polska Kasa Oszczędności Bank Polski S.A. bank with its registered seat in Warsaw (“Bank”) a credit agreement on the terms and conditions defined below (“Credit agreement”).

In accordance with the Credit agreement, the Bank will advance a revolving working capital credit facility in the amount of USD 2,500,000.00 (in words: two million five hundred thousand and 00/100 American Dollars) for the purpose of financing the costs related to the pressing of the game titled “Sniper Ghost Warrior 3”. The credit was advanced for the period from February 23, 2017 to May 26, 2017 (period of crediting).

The Credit agreement was made on market terms and conditions. The remaining provisions of the Credit agreement are similar to the provisions usually used in these types of agreements.

This information is considered confidential due to the value of the Credit agreement and its importance for the Company.

Legal basis: art. 17 (1) as read with art. 7 (1) of the European Parliament and of the Council (EU) no. 596/2014 of April 16, 2014 concerning market abuse regulation (MAR).

Marek Tymiński – President of the Issuer’s Management Board