Capital/Financing Update • Sep 18, 2018
Capital/Financing Update
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Conclusion of a purpose agreement by a subsidiaryAforti Finance
The board of Aforti Holding S.A. ("the Company", "theIssuer") headquartered in Warsaw hereby announces publishes that on 18thSeptember 2018 it received information that the subsidiary of theIssuer: Aforti Finance S.Aheadquartered in Warsaw (hereinafter: "AfortiFinance", "Subsidiary") signed a purpose agreement (hereinafter:"Agreement") with a capital market institution based in London andsupervised by FCA (The Financial Conduct Authority) (hereinafter:"Financial Institution").
The object of the Agreement is the start by theFinancial Institution the activities head to obtaining externalfinancing with value of EUR 50 million for the Subsidiary. These fundswill be transferred to Aforti Finance in several tranches until the endof 2019.All raised funds will be used forthe further development of the loan action run by the Subsidiary. Thiswill allow for the dynamic growth of Aforti Finance, which in theopinion of the Management Board of the Subsidiary, what lead a gradualincrease in its market share and thereby for its financial results.
Currently, no detailed transaction structure isknown. In addition, in accordance with the knowledge of the Issuer'sManagement Board, the financial terms agreed by the parties to theAgreement are commonly applicable standards in this type of contracts.
Legal basis: Article 17 paragraph 1 of the MAR -confidential information
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