The Management Board of INVESTMENT FRIENDS CAPITAL SE in Płock hereby informs that on 06.08.2018. The Issuer as the Lender entered into a Money Loan Agreement with Patro Invest Sp. z o.o. in Płock (KRS 0000657016, NIP: 7743232326, Regon: 366271379) as Borrower.
Under the Agreement of 06.08.2018 The Issuer granted the Borrower a loan in the amount of PLN 4,000,000.00 (four million zlotys) for the period to 31/03/2019. The loan is interest-bearing in the amount of a variable interest rate equal to WIBOR, increased by 3.0% per annum. The parties agreed that interest on the granted loan will be payable monthly to the tenth day of each month for the preceding month, while the last interest installment will be paid together with the Issuer returning the capital of the loan granted by 31/03/2019. The parties to the loan agreement agreed that the Borrower is entitled to an early return of all or part of the capital of the loan granted.
Pursuant to the terms of the Loan Agreement, the loan will be disbursed on the day the Agreement is concluded. The Borrower secured the repayment of the loan along with interest and any other claims of the Issuer that may arise under the Agreement by issuing the Issuer's blank promissory note together with a promissory note declaration.
The Issuer also informs that between Investment Friends Capital SE and Patro Invest Sp. z o.o. in Płock, there are personal connections.
The President of the Issuer's Management Board is the sole shareholder of Patro Invest Sp. z o.o., and the President of the Borrower's Board is the Member of the Issuer's Supervisory Board.
Source: company website, investor relations, current and periodic reports.