The management board of Globe Trade Centre SA (“GTC”), in relation to the current report no 5/2021 dated 22 May 2021, informs that the conditions precedent of the sale purchase agreement (the “Agreement”) concerning the sale of the entire share capital of

  1. Atlas Centar doo Beograd, Demo Invest doo Novi Beograd, GTC BBC doo, GTC Business Park doo Beograd and GTC Medjunarodni Razvoj Nekretnina doo Beograd, each a Serbian company, 30% owned by GTC and 70% owned by Office Planet Kft. (a Hungarian company 100% owned by GTC Hungary Real Estate Development Zrt), and
  2. Commercial and Residential Ventures d.o.o. Beograd (a Serbian company 100% owned by GTC) and Office Planet Kft.

(collectively: the “Sale Companies”), among GTC and GTC Hungary Real Estate Development Zrt. as sellers and a Hungarian limited liability company from the Indotek Group as buyer (the “Buyer”) were met and the sale was completed.

Legal grounds: Article 17 section 1 of the 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.

 12.01.2022  17:48