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9/2022 “Conclusion of a loan agreement with PKO BP S.A.”

By 1 May 2022May 11th, 2022No Comments

Current report number: 9/2022

Date: 29th April 2022

Legal basis: Art. 17 section 1 of MAR – inside information

Subject: Conclusion of a loan agreement with PKO BP S.A.

The Management Board of Cl Games S.A. with its registered office in Warsaw (the “Company“) hereby informs that today, i.e. on 29th April 2022, the Company concluded with Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna with its registered office in Warsaw (hereinafter: “PKO BP“) a multi-purpose credit limit agreement in the amount up to PLN 29 mln (hereinafter: the “Agreement“, “Loan“).

The Loan was granted for the period from 29th April 2022 to 31st December 2023 in PLN or EUR, according to the Loan disbursement instruction submitted by the Company.

David Broderick, CFO, commented:

“We are delighted to have secured this new facility with PKO BP, one of the largest banks in Central and Eastern Europe, a clear endorsement of our business. The new facility allows us further flexibility as we continue to execute our four-pillar strategy to develop and market our pipeline of products.”

The Management Board of the Company decided to publish the above-mentioned information due to the significant value of the Agreement.

Legal basis: Article 17 Section 1 in connection with article 7 Section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse (MAR).

Disclaimer: This English language translation may contain certain discrepancies. In case of any differences between the Polish and the English versions, the Polish version shall prevail.