RB 25:Warranty Granted by the Issuer
Firma: WORK SERVICE SPÓŁKA AKCYJNASpis treści:
1. RAPORT BIEŻĄCY
2. MESSAGE (ENGLISH VERSION)
3. INFORMACJE O PODMIOCIE
4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
| KOMISJA NADZORU FINANSOWEGO | ||||||||||||
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| Raport bieżący nr | 25 | / | 2018 | ||||||||
| Data sporządzenia: | 2018-05-29 | |||||||||||
| Skrócona nazwa emitenta | ||||||||||||
| WORK SERVICE S.A. | ||||||||||||
| Temat | ||||||||||||
| Warranty Granted by the Issuer | ||||||||||||
| Podstawa prawna | ||||||||||||
| Art. 17 ust. 1 MAR - informacje poufne. | ||||||||||||
| Treść raportu: | ||||||||||||
| Work Service S.A. Management Board (The “Issuer”, the “Company”) hereby informs that on 29 May 2018 has granted a guarantee in order to secure a claim due to the Bondholder from the Issuer’s subsidiary - Exact Systems S.A. with its registered office in Częstochowa pursuant to the issue of Bonds, which the Issuer announced in the current report no. 24/2018 dated 29 May 2018 , together with a voluntary submission to enforcement. The guarantee up to PLN 22,500,000.00 (twenty-two million five hundred thousand) has been granted in favour of the Guarantee Controller - GESSEL TRUST SERVICES spółka z ograniczoną odpowiedzialnością w organizacji sited in Sienna 39 Street, 00-121 Warsaw, where: 1.the guarantee are granted under a guarantee agreement concluded between the Guarantor and the Guarantee Controller who shall act as a Creditor due to the guarantee; 2.the guarantee shall be granted to May 29, 2023; 3.the satisfaction due to the guarantee shall take place against all assets of the Guarantor, who in the event of the Issuer’s delay in performance of liability under the Terms and Conditions of Bonds shall be held jointly liable for the Issuer’s debt; 4.in order to secure claims under the guarantee, the Guarantor shall submit to enforcement for an amount of up to PLN 22,500,000.00 (twenty-two million five hundred thousand) within the meaning of Art. 777 § (1)(5) of the Civil Procedure Code by making a declaration in the form of a notarial deed on voluntary submission to enforcement in favour of the Guarantee Controller (the “Guarantor’s Declaration”) as to the Issuer’s financial liabilities that will result from the Bonds owned by the Bondholder, in particular receivables due to the redemption of the Bonds and other costs and expenses incurred by the Bondholder in connection with enforcing the performance of financial obligations by the Issuer, including statutory interest for the Issuer’s delay in the implementation of the obligations arising from the bonds; 5.the Guarantee Controller shall be entitled to request for the notarial deed, containing the Guarantor’s Declaration, to be made enforceable by May 29,2024. As a result of the analysis, the Issuer has considered that it is justified to qualify the above information subject to publication in the form of this report as confidential within the meaning of Art. 17 (1) of the Market Abuse Regulation. Legal basis: Art. 17(1) of Regulation no. 596/2014 of the European Parliament and of the Council of 16 April 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. Signatures: Maciej Witucki - President of the Management Board Piotr Ambrozowicz – Vice President of the Management Board | ||||||||||||
| MESSAGE (ENGLISH VERSION) | |||
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| PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ | |||||
| Data | Imię i Nazwisko | Stanowisko/Funkcja | Podpis | ||
| 2018-05-29 | Maciej Witucki | President of the Management Board | |||
| 2018-05-29 | Piotr Ambrozowicz | Vice President of the Management Board | |||
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