VANTAGE DEVELOPMENT SA (5/2019) Conclusion of an annex to the preliminary purchase agreement for real estate in Iwiny

The Management Board of Vantage Development S.A. ("Issuer") informs that on January 30, 2019, a subsidiary of the Issuer - VD limited liability company Flats XXI sp. K. With its registered office in Wrocław (the "Buyer") concluded with a natural person ("Seller") an annex to a preliminary conditional agreement for the acquisition of ownership of a plot of land with an area of ​​1 ha, located in Iwiny at ulica Dróżnicza ("Agreement"), the conclusion of which the Issuer announced in Current Report No. 52/2018 of 19 October 2018. The annex postpones the date on which the Buyer has the right to withdraw from the preliminary contract without the right to seek any claims by the Seller by March 31, 2019, and the date of concluding the promised real estate sale agreement by 30 September 2019. Other significant conditions of the Agreement remain unchanged.

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

Company information
Company name:Vantage Development SA
Adress: ul. Dąbrowskiego 44 50-457 Wrocław
Phone:+48 71 7983577

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