REDWOOD HOLDING SA IN RESTRUCTURING (40/2017) Opening of the offer for the sale of shares in Jotes Business Park sp. O.o.

REDWOOD HOLDING S.A. in restructuring (hereinafter: the Issuer) informs that on December 14, 2017, offers were opened and recognized for the sale of 100% shares in the company under the business name Jotes Business Park sp. o.o. based in Łódź (hereinafter: JBP), which is a subsidiary of the Issuer. The Issuer informs that the offer to buy 100% of shares in JBP has been made and paid by a bond under the name SUNCO NIERUCHOMOŚCI spółka z ograniczoną odpowiedzialnością spółka komandytowa with a registered office in Łódź (hereinafter: SUNCO). The purchase price of 100% of shares indicated in the offer is PLN 1,005,000. The offer is in line with the JBP Shares Regulations. The SUNCO offer was the only offer that was made. The offer to sell 100% of shares in JBP was announced by the Issuer's Manager based on the decision of the District Court for Łódź-Śródmieście in Łódź, 14th Commercial Division for Bankruptcy and Restructuring of November 8, 2017. The court in the decision, at the request of the parent company's manager, agreed to sell 100% of JBP's shares for a price not lower than PLN 1,000,000.

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

Company information
Company name:Redwood Holding SA w restrukturyzacji
Adress: ul. Papiernicza 7 92-312 Łódź
Phone:+48 42 6777777

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