AI assistant
Allegro.eu S.A. — Capital/Financing Update 2021
Dec 1, 2021
5494_rns_2021-12-01_44e3ec6b-7bcf-41d8-912b-eddb362dd31c.html
Capital/Financing Update
Open in viewerOpens in your device viewer
Date: 30 November 2021
Current report No. 17/2021
Title: Information on the Board of Directors' approval for certainfinancing of acquisition of Mall Group a.s. and WE|DO CZ s.r.o.
Legal basis: Article 17 of MAR - inside information
With reference to:
a. the current report No. 10/2020 of 14 October 2020, where Allegro.eu(the _quot;Company_quot;) informed about the refinancing of the existingindebtedness of the companies of the Allegro group, where Adinan MidcoS._#224; r.l. (_quot;Adinan Midco_quot;), a Company's subsidiary, had entered into,among others, an English law senior facilities agreement (the _quot;SeniorFacilities Agreement_quot;) comprising a (i) PLN 5,500 million term loanfacility and (ii) a PLN 500 million multi-currency revolving creditfacility (the _quot;RCF_quot;),
b. the current report No. 14/2021 of 4 November 2021, where the Companyinformed that the Company and Allegro.pl had concluded a share purchaseagreement with four institutional investors regarding the acquisition of100% stake in each of Mall Group a.s., and WE|DO CZ s.r.o., bothentities incorporated under the laws of the Czech Republic, in exchangefor consideration being a combination of cash (EUR 474,000,000) and newshares (the equivalent of EUR 407,000,000) in the Company (the _quot;PlannedTransaction_quot;);
The Board of Directors of the Company (the "Board") hereby informs aboutthe resolutions it has adopted on 30 November 2021 in order tofacilitate the financing of the Planned Transaction: the Board resolvedto approve the entry into, the signing as well as the execution andperformance by Adinan Midco of documents required for establishing acommitted PLN 1,000,000,000 bridge financing (the _quot;Additional Facility_quot;)with Santander Bank Polska S.A to be drawn on a need basis. TheAdditional Facility will be for a 12 months tenor and on a pari passuwith the existing Senior Facilities Agreement and with 6 monthsutilisation period.
Allegro.eu is a Luxembourg public limited liability company (soci_#233;t_#233;anonyme), registered office: 1, rue Hildegard von Bingen, L - 1282Luxembourg, Grand Duchy of Luxembourg, R.C.S. Luxembourg: B214830.