The management board of Globe Trade Centre SA (the "Company") hereby announces the purchase of the Pixel office building in Poznań by GTC Wilson Park Sp. z o.o., a 100% subsidiary of the Company ("Purchaser").

In execution of the preliminary purchase agreement entered into between the Purchaser and Pixel1 sp. z o.o. (the "Seller") on 22 December 2015, as reported in current report No. 50/2015 on 22 December 2015, on 28 January 2016, the Seller and the Purchaser signed a final purchase agreement regarding real estate where the Pixel office building in Poznań is located (the "Property") (the "Agreement").

The office building is entirely leased to renowned tenants. The Company intends to hold the office building as part of the income-producing portfolio of the GTC Group.

The net purchase price for the Property and other rights and movable assets under the Agreement amounted to EUR 32,217,491.41 (thirty-two million, two hundred and seventeen thousand, four hundred and ninety-one euros 41/100), which as at the date of this current report, based on the average EUR/PLN exchange rate announced by the National Bank of Poland, amounts to PLN 143,651,350.70 (one hundred and forty-three million, six hundred and fifty-one thousand, three hundred and fifty PLN 70/100).

The purchase of the Property was financed by the Company's own sources and a bank loan.

Legal basis: § 5.1.1 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognised as being equivalent to information required by the laws of a state which is not a member state.


28.01.2016  12:23