Information on the Pari Passu Redemption Offer relating to the Series 1/2018 Bonds
(Current Report No. 7/2023)
Article 17 sec. 1 MAR - confidential information
With reference to current report No. 5/2023 dated 22/02/2023 (Information on the occurrence of an event of reduction of credit financing specified in the terms of issue of the Series 1/2018 Bonds) CCC S.A. based in Polkowice (the "Issuer"), acting based on para. 13.3 of the "Terms and Conditions of Issuance of Bonds Recorded for Transfer to the Depository of the National Depository for Securities, drawn up in Polkowice on June 21, 2018" (the "Terms and Conditions of Issuance"), relating to the Series 1/2018 Bonds (the "Bonds"), announces a voluntary early redemption of the Bonds with a maximum aggregate par value of PLN 337,000.00 (the "Pari Passu Redemption").
The maximum number of Bonds subject to Pari Passu Redemption is 337 units. Bonds. The par value of the Bonds subject to Pari Passu Redemption was determined in accordance with the formula contained in par. 13.3 of the Terms of Issue. The parameters underlying the calculation of the nominal value of the Bonds subject to Pari Passu Redemption were specified in the aforementioned current report No. 5/2023.
In connection with the announcement of the Pari Passu Redemption, Bondholders who are interested in voluntarily redeeming their Bonds are invited to submit a request for redemption of the Bonds (the "Redemption Request (Pari Passu Redemption)") within the period from March 8, 2023 (the first day of acceptance of the Redemption Request (Pari Passu Redemption)) to April 6, 2023 (the last day of acceptance of the Redemption Request (Pari Passu Redemption)).
A Redemption Request (Pari Passu Redemption) should be submitted to the investment firm (direct participant of the National Securities Depository S.A.) that maintains the investment account in which the Bonds are recorded.
The Issuer shall redeem the Bonds presented for redemption by the Bondholders proportionally the number of Bonds covered by the Redemption Requests (Pari Passu Redemption), in accordance with the rules (including reduction) set forth in the regulations of K of the National Securities Depository. The Pari Passu Redemption will take place April 17, 2023. - within 6 business days from the end of the deadline for acceptance of the Redemption Request (Pari Passu). Along with the Pari Passu Redemption, the Issuer will repay the Interest accrued on the Bonds subject to Pari Passu Redemption up to (but excluding) the Pari Passu Redemption Date.