Rb_26_2014_EN


Current report no. 26/2014
Date: 06.11.2014
Subject: Polski Koncern Mięsny DUDA S.A. - establishment of contractual joint mortgages as collaterals for Agreements with Raiffeisen Bank Polska S.A.
Legal basis: Art. 56 Point 1.2 of the Public Offering Act - current and periodic information
Content of the report:
Pursuant to § 7 in reference to § 5 Point 1.1 of the RegulationoftheMinisterofFinanceof19
February2009onCurrentandPeriodicInformationtoBeSuppliedbyIssuersofSecuritiesandonConditionsofAcknowledgingInformationRequiredbytheLawsofaNon-MemberCountryasEquivalent,i.e.JournalofLaws2014.133("theRegulation"), the Management Board of Polski Koncern Mięsny DUDA S.A. of Warsaw ("the Company", "the Issuer"), in reference to Current Report No. 17/2014 of 26.08.2014 concerning the conclusion, on 22 August 2014, with Raiffeisen Bank Polska S.A. of Warsaw (00-549 Warszawa, ul. Piękna 20) of the Loan Agreement ("Loan Agreement ") and the Debt Limit Agreement ("Debt Limit Agreement") - hereinafter referred to jointly as "the Agreements", together with a package of accompanying agreements, announces that today it received information concerning an entry made by the District Court in Żyrardów, 5thDepartment of Land and Mortgage Registry, of the following mortgages established by the Company:
(1)contractual joint mortgage in the amount of PLN 75,000,000.00 for securing claims of the Bank under the Loan Agreement; the mortgage encumbers the following real estate of the Company: PL1Z/00036737/8, as well as: the real estate for which: District Court of Zambrów, 9thBranch Department of Land and Mortgage Registry of Wysokie Mazowieckie keeps Land and Mortgage Registers Nos. LM1W/00036217/4, LM1W/00023096/5, LM1W/00034273/0, LM1W/00034288/8, District Court of Ostrów Wielkopolski, 9thBranch Department of Land and Mortgage Registry of Krotoszyn keeps Land and Mortgage Register No. KZ1R/00031638/1, District Court of Leszno,
14thBranch Department of Land and Mortgage Registry of Rawicz keeps Land and
Mortgage Registers Nos. PO1R/00044363/7 and PO1R/00011149/1, District Court of
Ząbkowice Śląskie, 5thDepartment of Land and Mortgage Registry keeps Land and

Mortgage Register No. SW1Z/00061892/5; District Court of Wieliczka, 5thBranch Department of Land and Mortgage Registry of Skawina keeps Land and Mortgage Register No. KR3I/00008483/7; (hereinafter jointly "the Real Estates"),
(2)contractual joint mortgage in the amount of PLN 39.750.000,00 for securing claims of
the Bank under the Debt Limit Agreement; the mortgage encumbers the following real estate of the Company: PL1Z/00036737/8, as well as: the real estate for which: District Court of Zambrów, 9thBranch Department of Land and Mortgage Registry of Wysokie Mazowieckie keeps Land and Mortgage Registers Nos. LM1W/00036217/4, LM1W/00023096/5, LM1W/00034273/0, LM1W/00034288/8, District Court of Ostrów Wielkopolski, 9thBranch Department of Land and Mortgage Registry of Krotoszyn keeps Land and Mortgage Register No. KZ1R/00031638/1, District Court of Leszno,
14thBranch Department of Land and Mortgage Registry of Rawicz keeps Land and
Mortgage Registers Nos. PO1R/00044363/7 and PO1R/00011149/1, District Court of Ząbkowice Śląskie, 5thDepartment of Land and Mortgage Registry keeps Land and Mortgage Register No. SW1Z/00061892/5; District Court of Wieliczka, 5thBranch Department of Land and Mortgage Registry of Skawina keeps Land and Mortgage Register No. KR3I/00008483/7.
The statement on establishing the mortgages was made by the Company on 23 September
2014, before Barbara Wąsik, Civil Law Notary of Milicz, under Notary's Record no. A
4812/2014.
The established mortgages are collaterals of the claims of the Bank under the Loan Agreement and the Debt Limit Agreement, as described in detail in Current Report No. 17/2014. The total book value of the real estates encumbered with the abovementioned mortgages is PLN
64,690,000 (rounded to the nearest thousand of PLN and as at the balance sheet date of the
last periodic report, i.e. as at 30.06.2014).
Any connections of the Company and any governing or supervising persons with the Bank are of the pure business nature and result from the concluded Agreements.
In addition, the Company explains that the Real Estates meet the criterion of the substantial value assets, as defined in § 1 Point 1.45 Letter A) of the Regulation, as they account for at least 10% of the equity of the Company.

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