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GLOBE TRADE CENTRE S.A. - Settlement of the call option for shares in the German residential portfolio

Release Date: 16/07/2025 07:05
Code(s): GTC     PDF:  
Wrap Text
Settlement of the call option for shares in the German residential portfolio

GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
("GTC" or "the Company" or the "Group")

Settlement of the call option for shares in the German residential portfolio

Date: 16 July 2025

Current report No.: 19/2025

In reference to the current report no. 1/2025 dated 2 January 2025, the current report no 14/2025
dated 1 June 2025, the current report no. 7/2025 dated 16 April 2025 and the current report no.
10/2025 dated 30 April 2025, the Management Board of Globe Trade Centre S.A. (the "Company"
or "GTC") hereby informs that on 15 July 2025, the Company fully settled the option to purchase
all of the shares held by LFH Portfolio Acquico S.À R.L. and ZNL Investment S.À R.L. in
Kaiserslautern I GmbH & Co. KG, Kaiserslautern II GmbH & Co. KG, Portfolio Kaiserslautern III
GmbH, Portfolio KL Betzenberg IV GmbH, Portfolio KL Betzenberg V GmbH, Portfolio
Kaiserslautern VI GmbH, Portfolio Heidenheim I GmbH, Portfolio Kaiserslautern VII GmbH and
Portfolio Helmstedt GmbH (the "Call Option"). The Call Option was financed partly with the
Company's own resources and partly with a loan granted to the Company by J&T BANKA a.s., as
announced in current report no. 15/2025 dated 18 June 2025.

Accordingly, pursuant to the terms and conditions of the bearer subordinated participating series
A notes, with a total nominal value of EUR 41,821,389.06 (the " Participating Notes"), as of 15
August 2025, the Company will regain its right to early redemption of the Participating Notes,
provided that the General Meeting adopts a resolution to increase the Company's share capital
(requiring the exclusion of pre-emptive rights of the Company's shareholders) and/or any other
resolution necessary to effectuate the Company's right to early redemption (the " Share Capital
Increase").

Upon early redemption, the Participating Notes will be redeemed by way of set -off against the
subscription price of the equity instruments to be subscribed for by the noteholder under the
Share Capital Increase, with no additional redemption amount due and no cash payable to the
noteholder.

Legal basis: Art. 17 (1) of the Regulation of the European Parliament and of the Council (EU) No.
596/2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the
European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC
and 2004/72/EC (inside information).

Signed:

/s/ Malgorzata Czaplicka                              /s/ Balázs Gosztonyi
President of the Management Board                     Management Board Member

Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 16-07-2025 07:05:00
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