Legal attitude: Art. 17 para. 1 MAR - confidential information.
Board M FOOD S.A. with registered office in Łódź (Issuer) hereby notifies about receiving from a subsidiary company
Corpo Sp. z o.o. Sp. K. information on the conclusion on 9 August 2018 with Bank BGŻBNP Paribas S.A. (Bank) of the annex to the Multi-purpose credit line agreement, the purpose of which is to finance the current operations of the Company.
An Annex to the Multi-Purpose Line of Credit Agreement was concluded for an amount of EUR 3.5 million, which means an increase of EUR 0.5 million. Under the Agreement, the Bank provided the Company with a revolving loan up to EUR 3.5 million, a limit on its own letters of credit up to EUR 1 million and a limit on bank guarantees up to EUR 1 million. This annex extends the period of using the products until August 8, 2019. Available products under the aforementioned Agreement and made available to the full factoring provided by BGŻBNP Faktoring Sp. z o.o. they can not exceed EUR 4 million in total.
Other terms of the agreements do not differ from those generally applicable on the market.
Source: company website, investor relations, current and periodic reports.