(GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE:GTCISIN: PLGTC0000037)
(“GTC” or “the Company”)
The Management Board of Globe Trade Centre S.A. (the “Company”) hereby informs that on 8 July 2026, Euro Structor d.o.o., a 70% subsidiary of the Company (the “Subsidiary”) incorporated in Croatia, signed an agreement on the sale and purchase of a real estate (the “Agreement”) with AD-16 MALL d.o.o. (the “Buyer”), concerning the sale of the Avenue Mall property, comprising the real estate, related equipment and lease agreements, located in Zagreb, Croatia (the “Transaction”). The Transaction is structured as a sale of the underlying real estate and equipment by the Subsidiary.
Avenue Mall is a shopping and office centre located in the Novi Zagreb district of Zagreb, comprising approximately 28,000 sqm of retail space and approximately 7,000 sqm of A-class office space.
Title to the Avenue Mall real estate will pass to the Buyer upon completion of the closing actions set out in the Agreement (“Closing”), which is scheduled to take place on 31 July 2026, or at a later date to be mutually agreed by the parties but not later than 31 August 2026 (“Long Stop Date”).
Closing of the Transaction remains subject to the satisfaction of customary conditions precedent, including the completion of acquisition debt financing by the Buyer and full repayment of the outstanding loan by the Subsidiary.
The purchase price under the Agreement is approximately EUR 98 million.
The Agreement does not contain any other specific terms and conditions, which may be different from those commonly used for agreements of such type.
There are no relations between the Company and the persons managing or supervising the Company and the Buyer and persons managing the Buyer and the Subsidiary, except for the relations resulting from the Agreement.
Legal basis: Art. 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC – inside information.
