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Kruk S.A. — M&A Activity 2018
Nov 19, 2018
5678_rns_2018-11-19_31e798e8-1d85-4403-b52d-91619076b4a2.html
M&A Activity
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Current Report No. 40/2018
Date: November 16th 2018
Subject: Signing a commitment letter in connection with the purchase ofreceivables on the Spanish market
Legal basis: Art. 17.1 of MAR - Inside information
Text of the report:
The Management Board of KRUK S.A. (the "Company") announces that onNovember 16th 2018 it was notified that its subsidiary, InvestCapitalLtd., Malta, signed today a commitment letter concerning the conclusionof the agreement (Agreement) for the purchase of receivables on theSpanish market. The receivables face value is approximately EUR 247m (orPLN 1,06bn at the mid-rate quoted by the National Bank of Poland forNovember 16th 2018). The Company, with a separate report, willimmediately inform about the conclusion of the Agreement.