SELENA FM SA (36/2017) Granting of the guarantee by the Issuer

With reference to Current reports 26/2017 and 29/2017, the Management Board of Selena FM S.A. ("Issuer") announces that today the Issuer received information that SBERBANK of Russia PAO ("Bank") signed a guarantee agreement with the Issuer, as a result of which the guarantee became effective ("Guarantee"). On the basis of the Guarantee, the Issuer is responsible, including Selena Vostok OOO, for meeting the obligations of the Bank under the framework agreement for a revolving credit facility, which the Issuer reported in the Current Report 29/2017, including performance from the obligation to repay the loan, interest for the use of credit, preparatory commission, early repayment commission, contractual penalties, reimbursement of legal expenses related to debt repayment and other justified expenses resulting from non-performance or improper performance of its duties by Selena Vostok. The guarantee remains in effect until 25 January 2022. At the moment of signing the agreement with the Bank, the remuneration for the Issuer in connection with the Guarantee was not determined.

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

Company information
Company name:Selena FM SA
Adress: ul. Strzegomska 2-4 53-611 Wrocław
Phone:+48 71 7838290

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