KRAKCHEMIA S.A. Board with a seat in Kraków (henceforth: "the Company") informs that on 30.06.2017 ann annex to the agrement on the multi-purpose credit limit of 15 January 2014, which was concluded with the Bank Polska Kasa Opieki S.A. with a seat in Warsaw (henceforth: "TheBank"), was signed.

The annex alters the Company obligation to sign the contract of co-operation with Basell Orlen Polyolefins until 31 July 2017 for the period longer than until 31 October 2017 and to fulfil until 31 July 2017 of the condition suspending the implementation of this contract, which compels the Company to supply a security in the form of bank guarantee of payment execution and in the wording acceptable to Basell Orlen Polyolefins. If the above-mentioned condition is not fulfilled, the period of limit availability to the Company will be shortened as until 31 July 2017, and the Company will be obliged to the complete paying-off the limit with the deadline of 1 August 2017.

The other conditions of the contract have not been changed.

The Company informed on the conclusion of the contract in the current report No. 2/2014 of 16.01.2014, and on the changes - in the current report No. 1/2016 of 14.01.2016, current report No. 28/2016 of 29.09.2016 as well as current report No. 15/2017 of 25.04.2017.

Legal basis:
Art. 17 para 1 - MAR

Krakchemia SA published this content on 30 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 July 2017 08:24:10 UTC.

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