Investor Relations

Legal basis: 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, MetLife Otwarty Fundusz Emerytalny, based in Warsaw, represented by MetLife Powszechne Towarzystwo Emerytalne S.A., in relation to the Annual General Meeting of Develia S.A. convened on 30 June 2021, a letter putting Mr Artur Osuchowski, as a candidate for an independent Member of the Issuer’s Supervisory Board. According to information received and declarations submitted, the aforesaid person has consented to stand as a candidate and declared that he satisfied the criteria set for independent Supervisory Board Members.

In addition to information on the name of the 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 have been attached hereto.

Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing...

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” or ”the Company“) inform that they received from a shareholder, Aviva Otwarty Fundusz Emerytalny, based in Warsaw, represented by Aviva Powszechne Towarzystwo Emerytalne Aviva Santander Spółka Akcyjna, in relation to the Annual General Meeting of Develia S.A. convened on 30 June 2021, a letter putting Mr Paweł Małyska, as a candidate for an independent Member of the Issuer’s Supervisory Board. According to information received and declarations submitted, the aforesaid person has consented to stand as a candidate and declared that he satisfied the criteria set for independent Supervisory Board Members.

In addition to information on the name of the candidate, the Issuer has also received his résumé, declarations and  consent to stand as a candidate for the Supervisory Board of the Company, which have been attached hereto.

Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing...

Legal basis: Article 56(1)(2) of the Act on Public Offering- current and periodic information

The Management Board Develia S.A. (“the Issuer” or ”the Company“) inform that they received from a shareholder, Nationale-Nederlanden Otwarty Fundusz Emerytalny, based in Warsaw, represented by Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A., in relation to the Annual General Meeting of Develia S.A. convened on 30 June 2021, a letter putting Mr Jacek Osowski, Mr Piotr Kaczmarek and Mr Rober Pietryszyn forward as candidates for independent Members of the Issuer’s Supervisory Board. According to information received and declarations submitted, all the aforesaid persons have consented to stand as candidates and declared that they satisfy the criteria set for independent Supervisory Board Members.

In addition to information on the names of candidates, the Issuer has also received their résumés, declarations and consents to stand as candidates for the Supervisory Board of the Company. Brief CVs of the candidates have been attached hereto.

Legal basis: Article...

Legal basis: Art. 56.1.2 of the Act on Public Offering - current and periodic information

The Management Board of Develia SA, (the “Issuer”) acting pursuant to Art. 19.1.2 of the Directive of the Minister of Finance dated March 29th 2018 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws of - Dz.U. 2018, Item 757 as amended) hereby releases to public information the text of resolutions drafts which he intends to present to the Ordinary General Meeting convened at 10:00 on June 30, 2021 in the Sky Tower building (Conference Room in Sky Tower on the 2 nd floor above the shopping arcade, elevator directly from the parking lot) in Wrocław at ul. Powstanców Śląskich 95.

Legal basis: Art. 56.1.2 of the Act on Public Offering - current and periodic information

The Management Board of Develia SA, with its registered office in Wrocław, entered into the National Court Register kept by the District Court for Wrocław - Fabryczna 6th Commercial Division of the National Court Register under number KRS 0000253077 ("Issuer" or "Company"), acting pursuant to Art. 395, Art. 399.1, Art. 4021 and 4022 of the Polish Code of Commercial Partnerships and Companies convenes an Ordinary General Meeting of Develia SA, to be held in the Sky Tower building (Conference Room in Sky Tower on the 2 nd floor above the shopping arcade, elevator directly from the parking lot) in Wrocław at ul. Powstanców Śląskich 95, at 10:00 on June 30, 2021.

Legal basis: Article 17(1) of MAR - inside information

The Management Board of Develia S.A. (“the Issuer”) inform that today, i.e. on 28 May 2021, they have carried a resolution in line with the adopted dividend policy, about which the Issuer informed in the Current Report no. 127/2017 of 7 December 2017. Pursuant to the said resolution, the Management Board recommend to the Ordinary General Meeting of the Issuer that profit of PLN 140,257,385.18 (say: one hundred forty million two hundred fifty-seven thousand three hundred eighty-five and 18/100)made by Develia S.A. for the financial year ending on 31 December 2020 be allocated as follows:
a)    The sum of PLN 76,084,912.87 (say: seventy-six million eighty-four thousand nine hundred twelve and 87/100) to be distributed among shareholders by the payment of dividend;
b)    The sum of 64,172,472.31 (say: sixty-four million one hundred seventy-two thousand four hundred seventy-two and 31/100) to be allocated to supplementary capital.

The Management Board further propose that the...

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” or “the Company”) inform that today Mr Tomasz Wróbel, Member of Management Board, notified the Issuer and the Supervisory Board of his decision to withdraw from candidacy for the Company’s Management Board for another term of office commencing on the day following the date of the Annual General Meeting of the Issuer, at which the 2020 financial statements will be approved, due to different career plans.

The Issuer’s Management Board inform at the same time that Mr Tomasz Wróbel’s decision not to stand for the Management Board of the Company for another term of office has no bearing whatsoever on the Management Board’s operations, which will continue to pursue the strategy of the Company’s growth designed before.

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 (consolidated text of Dziennik Ustaw...

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 the Issuer’s Supervisory Board have appointed at a meeting held today, i.e. on 20 May 2021, the following members to the Issuer’s Management Board: Mr Andrzej Oślizło as the Management Board President and Mr Paweł Ruszczak and Mr Mariusz Poławski as the Management Board Vice Presidents, for a new three-year term of office, which will be joint for all the Management Board members, commencing on the day following the date of the Annual General Meeting of the Issuer, at which the 2020 financial statements will be approved.

Information pertaining to the newly appointed President of Management Board, Andrzej Oślizło:
Andrzej Oślizło graduated from the Academy of Economics in Katowice (where he studied Economics) and the Silesian University of Technology in Gliwice (where he studied Information Technology). He completed the MBA programme at the European University in Montreux, Switzerland. For more than twenty...

Legal basis: Article 17(1) of MAR - inside information

The Management Board of DEVELIA S.A. (“the Issuer”), inform that on 14/05/2021 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 Buforowa street (“the Real Estate”) was purchased from an entity which was not related to the Issuer. The area of the land disposed of as part of the transaction is 1.1457 ha. The price for the Real Estate amounted to PLN 5,000,000.00.

The Company intends to use the Real Estate for an investment project with approx. 37 residential premises to be built as single family development. It is envisaged that sales for this investment project will commence in Q3 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 of Article 7 of the MAR.

Legal basis: Article 17(1) in...

Legal basis: Article 17(1) of MAR - inside information

In conjunction with the consolidated quarterly report for Q1 2021, the publication of which has been scheduled for 14 May 2021, the Management Board of Develia S.A. (“the Issuer”) inform that:
I.
The Develia S.A. Group have recognised in financial results for Q1 2021 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.:
-    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 8,814,000. 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 3,774,000. This amount will be disclosed in the consolidated statement of comprehensive income under “Financial...