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Kruk S.A. Capital/Financing Update 2021

Jun 17, 2021

5678_rns_2021-06-17_048a1da4-945d-4ce5-a26a-7d9d3964eebe.html

Capital/Financing Update

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Current Report No. 28/2021

Date: June 17th 2021

Subject: Bond issue under First Bond Issue Programme without Prospectus

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

Text of the report:

Further to Current Report No. 19/2020 of July 21st 2020 announcing theFirst Bond Issue Programme without a Prospectus (the "Programme"), theManagement Board of KRUK S.A. (the "Company") announces that on June17th 2021 it passed a resolution to issue series AL1 bonds (the "Bonds")and define their final terms and conditions. The Bonds will offered atan issue price equal to their nominal value of PLN 1,000 per Bond, withthe aggregate nominal value of the Bonds not to exceed PLN 330m. Up to330.000 unsecured Bonds will be offered as part of the Bond issue. Theissue will be conducted by September 30th 2021. The Bonds will be have abook-entry form and the Company will seek to introduce them to tradingin the alternative trading system on the Catalyst market, operated bythe Warsaw Stock Exchange ("Catalyst Alternative Trading System").