{"id":57040,"date":"2018-01-09T09:56:00","date_gmt":"2018-01-09T08:56:00","guid":{"rendered":"http:\/\/www.cigames.com\/12018-concluding-credit-agreements-with-mbank-s-a\/"},"modified":"2021-07-27T13:02:25","modified_gmt":"2021-07-27T11:02:25","slug":"12018-concluding-credit-agreements-with-mbank-s-a","status":"publish","type":"post","link":"https:\/\/cigames.com\/en\/12018-concluding-credit-agreements-with-mbank-s-a\/","title":{"rendered":"1\/2018 \u201cConcluding credit agreements with mBank S.A.\u201d"},"content":{"rendered":"<p><strong>Current report no. 1\/2018<\/strong><\/p>\n<p>Tuesday, January 9, 2018<\/p>\n<p>Confidential information<\/p>\n<p><strong>\u201cConcluding credit agreements with mBank S.A.\u201d<\/strong><\/p>\n<p>The Management Board of CI Games S.A., with its registered office in Warsaw (\u201cCompany\u201d) hereby informs, that today the Company signed with mBank Sp\u00f3\u0142ka Akcyjna with its registered office in Warsaw, KRS number: 00000025237, NIP: 526-021-50-88, REGON: 0012545524-00291 (\u201cBank\u201d) two credit agreements: agreement for revolving credit facility in Polish zlotys and an overdraft agreement of the total value of PLN 35,000,000.00 (in words: thirty-five million zlotys). Revolving credit facility agreement has been concluded for a definite period till June 30, 2020. The overdraft agreement has been concluded for a definite period till January 29, 2020.<\/p>\n<p>The subject of the revolving credit facility agreement is granting the Company a revolving credit of the total value of PLN 30,000,000.00 (in words: thirty million zlotys) to be used to finance the production of new titles of computer games issued by the Company. The subject of the overdraft agreement is granting the Company a credit of total value of PLN 5,000,000.00 (in words: five million zlotys) to be used to finance current business activity of the Company. Both credits are based on WIBOR rate, increased by the Bank\u2019s margin and their interest rate amounts to 1.56 pp.<\/p>\n<p>Collateral for the revolving credit facility agreement consists of: 1) registered pledge on the Company\u2019s shares in the amount of 15,000,000, held by Marek Tymi\u0144ski, Company\u2019s shareholder; 2) blank promissory note issued by the Company together with promissory note declaration; 3) global transfer of liabilities to the Bank resulting from the agreements with selected Company\u2019s partners.<\/p>\n<p>Collateral for the overdraft agreement consists of: 1) loan repayment guarantee granted within the portfolio guarantee line de minimis; 2) blank promissory note issued by the Company together with promissory note declaration; 3) global transfer of liabilities to the Bank resulting from the agreements with selected Company\u2019s partners; 4) registered pledge on the Company\u2019s shares in the amount of 15,000,000, held by Marek Tymi\u0144ski, Company\u2019s shareholder.<\/p>\n<p>Other provisions of the agreements do not differ from those commonly applied to those kinds of agreements.<\/p>\n<p>Legal basis: art. 17 (1) as read with 7 (1) of the Regulation of the European Parliament and of the Council (EU) no. 596\/2014 of April 16, 2014, concerning market abuse regulation (MAR).<\/p>\n<p>Marek Tymi\u0144ski \u2013 President of the Issuer\u2019s Management Board<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Current report no. 1\/2018 Tuesday, January 9, 2018 Confidential information \u201cConcluding credit agreements with mBank S.A.\u201d The Management Board of CI Games S.A., with its registered office in Warsaw (\u201cCompany\u201d)&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,80,52],"tags":[],"class_list":{"0":"post-57040","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-current","7":"category-current-2018","8":"category-reports"},"_links":{"self":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/57040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/comments?post=57040"}],"version-history":[{"count":0,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/57040\/revisions"}],"wp:attachment":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/media?parent=57040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/categories?post=57040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/tags?post=57040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}