Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GTC - Globe Trade Centre S.A. Share Issue/Capital Change 2020

Apr 6, 2020

5627_rns_2020-04-06_8cc98783-e9bb-466d-b609-d791391f2d0a.html

Share Issue/Capital Change

Open in viewer

Opens in your device viewer

Subject: Signing of the conditional share purchase agreement relating tothe acquisition of 100% of the shares in the share capital of themajority shareholder of Globe Trade Centre S.A.

The Management Board of Globe Trade Centre S.A. ("Company") herebyreports that today the Company received notification from LSREF III GTCINVESTMENTS B.V. with its registered office in Amsterdam, address:Claude Debussylaan 10, Vinoly Building, 1082 MD Amsterdam, theNetherlands ("Seller") and OPTIMUM VENTURES MAGÁNTŐKEALAP with itsregistered office in Budapest, address: 2 Döbrentei utca, 1061 Budapest,Hungary ("Buyer"), that the Seller and the Buyer entered into aconditional share purchase agreement relating to the acquisition of 100%of the shares in GTC Dutch Holdings B.V., which, according to thenotification, holds 298,575,091 shares in the Company representing61.49% of the share capital of the Company and carrying the right to61.49% of the total number of votes in the Company ("Transaction").

Pursuant to the notification, completion of the Transaction isconditional on the obtainment of decisions issued by, respectively: (i)the President of the Office of Competition of the Republic of Poland(Prezes Urzędu Ochrony Konkurencji i Konsumentów), (ii) the HungarianCompetition Authority (Gazdasági Versenyhivatal), and (iii) theCommission for the Protection of Competition in the Republic of Serbia(Komisija za Zastitu Konkurencije) granting consent to the carrying outof the concentration consisting of the Transaction.

Pursuant to the notification, upon the completion of the Transaction,the parties will submit the relevant notifications pursuant to Article69 et seq. of the Act of 29 July 2005 on Public Offerings and theConditions for the Introduction of Financial Instruments to theOrganised Trading System and Public Companies and meet other informationobligations as may be required by the relevant provisions of law.