KANCELARIA MEDIUS SA (68/2017) Purchase of a debt portfolio worth 18 million euros

Legal attitude: Art. 17 para. 1 MAR - confidential information. With reference to ESPI report no. 63/2017 dated December 15, 2017, the Management Board of Kancelaria Medius S.A. with its registered office in Kraków ("Issuer", "Company") hereby informs that on December 22, 2017 it concluded an agreement under which the Issuer purchased from Kreditech Spain S.L. a portfolio of documented, non-negotiable and matured receivables with a total nominal value of PLN 18,792,000 in relation to 21,177 debtors. Conclusion of this agreement is part of the Issuer's strategy in the area of ​​increasing the market share in the B2C sector. The purchase of the debt portfolio was made from the funds from the issue of the Company's bonds, which is the implementation of the Issuer's issue of debt securities. The contract was concluded on market terms. The terms of debt purchase transactions are standard within the Issuer's business. Debt recovery from the B2C sector is one of the Issuer's core business fields, hence the Company, knowing the specificity of servicing such liabilities, applies the most effective contracts for the tool recovery process in the contracts concluded and records.

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

Company information
Company name:Kancelaria Medius SA
Adress: ul. Babińskiego 69 30-393 Kraków
Phone:+48 12 2651276

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