Quotation
Stock Exchange reports
Legal basis: Article 17(1) of MAR - inside information
Develia S.A.’s Management Board In conjunction with the consolidated report for Q3 2020, the publication of which has been scheduled for 16 November 2020, the “the Issuer” informs that:
I.
The Develia S.A. Group have recognised in financial results for Q3 2020 amounts resulting from a substantial change in the EUR exchange rate and having a significant impact on the gross profit or loss within the period, i.e.:
- For three quarters of 2020 cumulatively (a period from 01/01/2020 to 30/09/2020):
- An increase in the fair value of investment property, the valuation of which is made in EUR and translated into PLN, in an amount of PLN 67,446,000. This amount will be disclosed in the consolidated statement of comprehensive income under “Profit/(Loss) on Investment Property”;
- An increase in the measurement of loan liabilities resulting from loans taken out in EUR for the construction of investment property in an amount of PLN 21,292,000. This amount will be disclosed in the...
Legal basis: Article 17(1) of MAR - inside information
The Management Board of Develia S.A. (“the Issuer” or “the Company”) hereby inform that on 28/10/2020 the Issuer’s subsidiary, i.e. LC Corp Invest XVII Sp. z o.o. Projekt 22 Sp. k., based in Wrocław, (hereinafter referred to as “the Borrower”), which is owned directly and indirectly (through the Issuer’s subsidiary: LC Corp Invest XVII Sp. z o.o.) by the Issuer, as the sole owner, entered into, with an entity not affiliated with the Issuer – mBank SA, based in Warsaw (“the Lender”), a loan agreement (“the Agreement”) up to the sum of EUR 34,187,000.00 (“the Loan”), designated, among other things, for the repayment of existing debt in mBank S.A. and mBank Hipoteczny S.A., arising from a loan agreement of 20/12/2017 (as amended, which was communicated by the Issuer by Current Report No. 128/2017 of 20/12/2017) and financing or refinancing of costs relating to the construction of an office building called “Wola Retro”, erected by the Borrower on a real...
read more...Legal basis: Article 17(1) of MAR - inside information
The Management Board of Develia S.A. (“the Issuer” or “the Company”) hereby inform that the Supervisory Board, acting pursuant to Section 6 of the Supervisory Board Rules, at the meeting held on 20/10/2020, elected the Chair and Deputy Chair of the Supervisory Board from among its members.
The duties of the Supervisory Board Chairman, after the vacancy in this office had been created due to a Board member’s resignation who acted in their capacity as Supervisory Board Chairman until 31/08/2020 (Current Report No. 38/2020 of 28/08/2020), were assigned to Mr Jacek Osowski, previously acting as Deputy Chair of the Board, whereas the duties of Board Deputy Chair were assigned to Mr Artur Osuchowski.
Legal basis: Article 17(1) of the Regulation No. 596/2014 of the European Parliament and of the Council (EU) of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC, 2003/124/EC, 2003/125/EC and 2004/72/EC.
rb_57_2020_20_10_eng.pdf Legal basis: Article 17(1) of MAR - inside information
With reference to the Current Report no 50/2020 of 28 September 2020, the Management Board of Develia S.A. inform that they received today, i.e. on 12 October 2020, from Krajowy Depozyt Papierów Wartościowych S.A. (the Central Securities Depository of Poland) information about giving a notice no. 1292/2020 of 8 October 2020 of the registration in the securities depository of 70,000 (seventy thousand) LCC1023OZ4 series bonds having par value of PLN 1,000 (one thousand Polish Zlotys) each, which were issued on 7 October 2020. The aforesaid bonds were marked with the following code: ISIN PLO112300010.
Legal basis: Article 17(1) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 on market abuse (Market Abuse Regulation) 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 in connection with Section 17 of the Regulation of the Minister of Finance of 29 March 2018 on...
read more...Legal basis: Article 70(3) of Act on Public Offering – AGM List with above 5 per cent
The Management Board of Develia S.A. (“the Issuer” or “the Company”), pursuant to Article 70(3) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading System and on Public Companies, hereby present a list of shareholders holding at least five per cent of vote at the Company’s Extraordinary General Meeting convened on 06 Spetember 2020.
- NATIONALE-NEDERLANDEN OFE:
Number of votes attaching to shares held at the General Meeting: 83,470,921 shares, which as at 06/10/2020 entitled to exercise 30.16 per cent of voting rights and constituted 18.65 per cent of total vote.
- OFE PZU “ZŁOTA JESIEŃ”:
Number of votes attaching to shares held at the General Meeting: 77,195,648 shares, which as at 06/10/2020 entitled to exercise 28.89 per cent of voting rights and constituted 17.25 per cent of total vote.
- AVIVA OTWARTY FUNDUSZ EMERYTALNY AVIVA SANTANDER:
Number of votes attaching to shares held at the General Meeting: 59,612,000...
read more...Legal basis: Art. 56(1)(2) of the Act on Public Offering – current and periodic information
The Management Board of Develia S.A. (“the Issuer” or “the Company”) inform that the Extraordinary General Meeting of the Company, held on 06 September 2020, appointed as of 06 September 2020 Mr Marcin Eckert to the Supervisory Board:
Based on information and declarations submitted, the new Supervisory Board Member consented to stand as the candidate as dependent the Supervisory Board Member and declared that he was not engaged in any activity which competed with Develia S.A., did not participate in any business which was a Company’s competitor as partner in a private or other partnership, or as member of a governing body of a company, or in another competitive legal person as member of its governing body.
The Issuer’s Management Board have attached hereto résumé of the Member appointment to the Issuer’s Supervisory Board.
Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on...
read more...Legal basis: Art. 56(1)(2) of the Act on Public Offering – current and periodic information
The Management Board of Develia S.A. (“the Issuer”) disclose the content of resolutions (enclosed herewith) adopted by the Extraordinary General Meeting of Develia S.A. on 06 October 2020.
The Extraordinary General Meeting of the Company refrain from considering point 6 of the items on the agenda proposed, due to the fact that as a result of supplementing the composition of the Supervisory Board under item 5 of the agenda, consideration of item 6 becomes objectless, moreover all draft resolutions which were put to the vote were adopted, no objections against any of the resolutions were recorded in the minutes.
Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on Public Companies in connection with Section 19(1)(6–9) of the Regulation of the Minister of Finance of 29 March 2018 on Current and Periodic Information Published by Issuers of Securities and on Conditions for Regarding...
read more...Legal basis: Article 17(1) of MAR - inside information
The Management Board of Develia S.A. (“the Issuer”) inform about premises sold and delivered by companies of the Develia Group for 3 quarters of 2020:
I. The three quarters of 2020 saw the sale of 781 premises - under development and preliminary agreements in the form of notarial deeds (residential premises, upon having obtained certificates of occupancy, and retail premises; for three quarters of 2019, it was 928 units) excluding agreements terminated.
Furthermore, Develia Group Companies entered into 308 reservation agreements that are expected to convert into development agreements in the subsequent period.
II. Delivered premises (final sales agreements) which will be disclosed in the result for the three quarters of 2020 – 746 (three quarters of 2019 – 1,778).
This information will be used for publications in the press.
This information, according to the Issuer’s Management Board, constitutes inside information within the meaning of Article 17(1) of the European...
read more...Legal basis: Art. 56(1)(2) of the Act on Public Offering- current and periodic information
The Management Board of Develia S.A. (“the Issuer” or “the Company”) inform that they received from a shareholder, Otwarty Fundusz Emerytalny PZU “Złota Jesień”, based in Warsaw, represented by Powszechne Towarzystwo Emerytalne PZU S.A., based in Warsaw, in relation to the Ordinary General Meeting of Develia S.A. convened on 6 October 2020, a letter putting Mr Marcin Eckert forward as a candidate for Member of the Issuer’s Supervisory Board. According to information received and declaration submitted, Mr Marcin Eckert has consented to stand as a candidate for dependent Supervisory Board Member.
In addition to information on the name of the aforesaid candidate, the Issuer has also received his résumé, declarations and consent to stand as a candidate for the Supervisory Board of the Company. A brief CV of the candidate has been attached hereto.
Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing Financial Instruments into...
read more...Legal basis: Article 17(1) of MAR - inside information
With reference to the Current Report No. 45/2020 of 2 September 2020, the Management Board of Develia S.A. (“the Issuer”) inform of the issue of up to 70,000 LCC1023OZ4 series unsecured ordinary bearer bonds, having a par value of PLN 1,000 each and the maximum total par value of PLN 70,000,000 (“the Bonds”), issued under the Issuer’s bond issue scheme up to the aggregate amount (nominal value) of issued and outstanding bonds amounting to PLN 400,000,000.
The issue price of the Bonds will be equal to their par value. The Bonds will be tendered for purchase pursuant to Article 33(1) of the Act on Bonds of 15 January 2015, in such a manner that the Issuer will not be required to make a prospectus or information memorandum. The Bonds will bear floating interest rate equal to WIBOR 3M plus a margin of 3.3% per annum.
The Bonds will be issued on 7 October 2020 and recorded in records kept by mBank S.A., as the issuing agent, and then registered in the securities depository...
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