Concluding the significant agreement by a subsidiary
(Current Report No. 7/2016)
18.02.2016 /The Issuer/
Legal basis:
Art. 56 paragraph 1 point 2 of the Act on the offer - current and periodic information
The Management Board of CCC S.A. (hereinafter: The Issuer) announces that on 18th of February 2016 they received a notification from the CCC Shoes Bulgaria EOOD based in Sofia, Sedrika offices, office 1001 “Sitnyakovo” blvd. 48, Sofia 1505 (The Issuer’s subsidiary), on signing on 18th of February 2016 the lease agreement with Einkaufs-Center Sofia GmbH based in Sofia, "Sitniakovo"blvd. 48, Sofia 1505, subsidiary of ECE Projektmanagement G.m.b.H & Co. KG based in Hamburg, Heegbarg 30, 22391 Hamburg. The subject of the contract is leasing retail space located in the Serdika Center Sofia in Sofia. The contract was concluded for a period of 10 years. The value of the agreement for that period shall amount to 5.743.000,00 PLN.
Over the last 12 months CCC S.A. has concluded, with the subsidiaries, the lease agreements with a ECE Group of a total estimated value of 140.352.000,00 PLN. Agreement of the highest value is the agreement concluded on 29th of October 2015 which the Company informed in current report No. 60/2015 on 30th of October 2015.
Other provisions of the agreements described above do not differ from those commonly used for this type of agreements.
The amount of equity accounts for the contract to be recognized as significant.
Legal basis: § 5 section 1 point 3 of the Decree of the Minister of Finance of 19th February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of non-member states.
Signatures:
1 / Mariusz Gnych - Vice President
2 / Piotr Nowjalis - Vice President