CFI HOLDING SA (29/2017) Conclusion of a significant agreement by a subsidiary of the Issuer

The Management Board of CFI Holding S.A. (hereinafter: the Issuer, the Company) with reference to the current report marked with the number 20/2017 from 30 April 2017, informs that the subsidiary of the Issuer, ie Central Fund of Immovables Sp. z o.o. with its registered office in Łódź (hereinafter referred to as CFI) on July 3, 2017, it concluded a notary public Mariusz Wróblewski in Łódź with Spółka Kartuska Łódź Sp. z o.o. with its registered office in Gdańsk, agreement for the acquisition / transfer of perpetual usufruct right regulated in land and mortgage register No. LD1M / 00181376/2 kept by the District Court for Łódź-Śródmieście in Łódź XVI Department of Land and Mortgage Registers located at 6 Wydawnicza Street (six) in Łódź constituting a plot land marked 17/27 (seventeen broken by twenty seven) with an area of ​​78 (seventy-eight) ares 90 (ninety) square meters, including the ownership of the non-residential one-story building located on this property, marked 88 in the register (eighty-eight ), with a building area of ​​299.03 (two hundred and ninety-nine and three-tenth) square meter, equipped with network installations - water supply, sewage, central heating, hot water, electricity and telephone, along with the right to archi documentation tectonic - building, including the rights to the construction project, which was the basis for issuing by the Mayor of Łódź the decision No. UA.II / 293/10 of 28 June 2010 on the approval of the construction design and granting a building permit for the real estate in question on the multi-family residential building services, underground garage and technical infrastructure at ul. Wydawnicza 4, for a total transaction price of 7,500,000.00 (seven million five hundred thousand) zlotys net, plus VAT, i.e. PLN 9.255.000,00 gross. Transaction price in the amount of 8,055,000.00 PLN was paid by CFI from the company's own funds, while the remaining part of the sales price in the amount of PLN 1,000,000.00 will be settled between the parties by December 31, 2020 at the latest with the mutual receivables of CFI to Kartuska Łódź Sp. z o.o. due to the sale of a service premises with an area of ​​about 200.00 (two hundred) square meters, which will be built and separated by CFI inwithin the framework of the investment project for the construction of a multi-family residential building with services, an underground garage and technical infrastructure at ul. Wydawnicza 4 in Łódź on the basis of the aforementioned building permit, the sale price of which will be determined taking into account the rate per square meter of 5,000.00 (five thousand) zlotys net, as discussed in Current Report No. 20/2017 of April 30, 2017. The property was issued on the day the contract was concluded. Other terms of the contract do not differ from the standard terms of such agreements concluded on the market.

Source: company website, investor relations, current and periodic reports.

Company information
Company name:CFI Holding SA
Adress: ul. Teatralna 10-12 50-055 Wrocław
Phone:+48 71 3488010

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