Quotation
Stock Exchange reports
Legal basis: Article 17(1) of MAR - inside information
The Management Board of Develia S.A. (“the Issuer” or “the Company”) inform that today, i.e. on 18 February 2021, the Supervisory Board have approved the Develia Group’s Strategy for the years 2021-2025, devised by the Company’s Management Board (“the Strategy”).
The said Strategy aims to present potential for Develia’s growth based on the analysis of the company, market and competitors. It has been envisaged under the Strategy that the Company’s value will be increased by expanding the scale of operations and, at the same time, providing foundations for the Group’s further growth in selected real property market segments. The Group plans to focus on the housing segment and substantially lower capital commitment in the office and retail segments, and reinvest funds recovered in the market areas which offer best prospects, including flats and PRS. If there are insufficient prospects for the expected growth, the Group will consider expanding its operations by...
Legal basis: Art. 56(1)(2) of the Act on Public Offering- current and periodic information
The Management Board of Develia S.A. (“the Company” or “the Issuer”) inform that today, i.e. on 18 February 2021, the Supervisory Board of the Company have adopted a resolution under which Management Board Vice President’s duties will be entrusted, once the said resolution has been passed, to Mr Paweł Ruszczak, previously serving as Member of Management Board and CFO.
A résumé detailing Mr Paweł Ruszczak’s professional career was published by the Company in Current Report no. 40/2019 and it is also available on the Company’s website.
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 (Dziennik Ustaw [Journal of Laws] of 2005, No. 184, item 1539 as amended) in connection with Section 5(5) 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...
Legal basis: Legal basis: Article 17(1) of MAR - inside information
In relation to the publication of the 2020 consolidated annual report, which has been scheduled for 23 March 2021, the Management Board of Develia S.A., “the Issuer”, inform that the Develia Group’s projected consolidated net result in 2020 will be minus PLN 133-143m.
The figures and data mentioned above reflect the Management Board’s knowledge as at the date of the publication of the report and constitute estimates.
This information, according to the Issuer’s Management Board, constitutes inside information within the meaning of Article 17(1) of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse.
Legal basis: Article 17(1) of MAR - inside information
Develia S.A.’s Management Board In connection with the 2020 consolidated annual report, the publication of which has been scheduled for 23 March 2021, the “the Issuer” informs that:
I.
The Develia Group have recognised in the 2020 financial results 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.:
1) For 2020 cumulatively (a period from 01/01/2020 to 31/12/2020):
- An increase in the fair value of investment property, the valuation of which is made in EUR and translated into PLN, in the amount of PLN 88,103,000. 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 the amount of PLN 23,563,000. This amount will be disclosed in the consolidated...
Legal basis: Article 17(1) of MAR - inside information
The Management Board of DEVELIA S.A. (“the Issuer” or ”the Company“) inform that on 05/02/2021 the Company, acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of ownership to real estate located in Wrocław at Krzemieniecka street was purchased from an entity which was not related to the Issuer. The area of the land property disposed of as part of the transaction is 0.7075 ha. The price for the Real Estate purchased amounted to PLN 3,000,000.00.
Further, the Management Board of DEVELIA S.A. inform that on 05/02/2021 an Issuer’s subsidiary, namely, LC Corp Invest XV spółka z ograniczoną odpowiedzialnością Investments S.K.A., acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of ownership to real estate located in Wrocław at Krzemieniecka street was purchased from an entity which was not related to the Issuer. The area of the land property disposed of as...
read more...Legal basis: Article 17(1) of MAR - inside information
The Management Board DEVELIA S.A. (“the Issuer” or ”the Company“) inform that on 27/01/2021 the Company, acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of ownership to real estate located in Wrocław at Chorwacka street (“the Real Estate”) together with other benefits set out in the agreement was purchased from an entity which was not related to the Issuer. The area of the land property disposed of as part of the transaction is 0.5021 ha. The price for the Real Estate amounted to PLN 14,964,634.15 net, plus VAT at a rate of 23 per cent, i.e. an amount of PLN 18,406,500.00 gross.
The Company intends to use the Real Estate for an investment project with approx. 128 residential premises. It is envisaged that sales for this investment project will commence in Q3 2021.
This report has been published due to the fact that the event in question is of relevance to the Company's business.
According to the Issuer, this...
read more...Legal basis: Article 56(1)(2) of the Act on Public Offering – current and periodic information
The Management Board of Develia S.A. (“the Issuer”) inform that today, i.e. on 25 January 2021 , the Issuer’s Supervisory Board have appointed Mr Mariusz Poławski to the Management Board of the Company, who has assumed the position of the Vice President of the Issuer’s Management Board.
Information pertaining to the newly appointed Vice President of Management Board:
Mariusz Poławski graduated from the University of Warsaw, where he completed the MA degree programme at the Faculty of Management. He also finished courses in project economics, management, psychology of leadership and corporate governance.
Mariusz Poławski has almost 20-years’ experience of working in managerial positions. From 2003, he had been engaged in the Marvipol Group, acting in the capacity of the Managing Director, Operations Director, Member and Vice President of the Management Board. Throughout the past seven years, he had been responsible mainly for the housing and warehousing sector, including, in...
read more...Legal basis: Art. 56(1)(2) of the Act on Public Offering- current and periodic information
The Management Board DEVELIA S.A. (“the Issuer”), inform that today, i.e. on 25 January 2021 Mr Mirosław Kujawski has handed in his resignation as Member of Management Board of DEVELIA S.A., based in Wrocław, with such resignation being effective immediately. Mr Mirosław Kujawski has not given any reason for his resignation.
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 (Dziennik Ustaw [Journal of Laws] of 2005, No. 184, item 1539 as amended) in connection with Section 5(4) 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 Information Required by Law of Non-Member State as Equivalent (Dziennik Ustaw [Journal of Laws] of 2018, item 757).
Legal basis: Article 17(1) of MAR - inside information
The Management Board DEVELIA S.A. (“the Issuer”), inform that on 18/01/2021 the Company, acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of perpetual usufruct to real estate located in Gdańsk at Zamojska street (“the Real Estate”) was purchased from an entity which was not related to the Issuer (“the Seller”). The area of the land disposed of as part of the transaction is 0.7093 ha. The price for the Real Estate amounted to PLN 5,500,000.00 net, plus VAT at a rate of 23 per cent, i.e. an amount of PLN 6,765,000 gross.
The Company intends to use the Real Estate for an investment project with approx. 86 residential premises. It is envisaged that sales for this investment project will commence in Q1 2022.
This report has been published due to the fact that the event in question is of relevance to the Company's business.
According to the Issuer, this Current Report constitutes inside information within the meaning...
read more...Legal basis: Article 17(1) of MAR - inside information
The Management Board DEVELIA S.A. (“the Issuer”), inform that on 18/01/2021 the Company, acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of perpetual usufruct to real estate located in Gdańsk at Przemyska street (“the Real Estate”) was purchased from an entity which was not related to the Issuer (“the Seller”). The area of the land disposed of as part of the transaction is 3.5336 ha. The price for the Real Estate amounted to PLN 24,800,000.00 net, plus VAT at a rate of 23 per cent, i.e. an amount of PLN 30,504,000.00 gross.
The Company intends to use the Real Estate for an investment project with approx. 380 residential premises. It is envisaged that sales for this investment project will commence in Q1 2022.
This report has been published due to the fact that the event in question is of relevance to the Company's business.
According to the Issuer, this Current Report constitutes inside information within the...
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