CR 48/2017 Annex to a significant agreement

Annex to a significant agreement                                                                                                                                                                                                                            

Current report no: 48/2017

Date: 30 October 2017, 12:43 pm

  

The Management Board of LPP SA informs that, today, i.e. 30 October 2017, LPP SA and Raiffeisen Bank Polska SA have signed an annex to the to the credit limit agreement (multi-option credit line) dated 12 July 2002.

Upon the Company’s application, the total limit for utilising specific products has been decreased from PLN 280 mln to PLN 180 mln, and the period for utilising specific products has been prolonged as follows:

1)   overdraft – the agreement has been prolonged by 30 November 2018,

2)   revolving credit facility – the agreement has been prolonged by 29 November 2018,

3)   the limit for mobilising the guarantees for LPP SA and its subsidiaries – the agreement has been prolonged by 30 November 2020,

4)  the limit for opening letters of credit – the agreement has been prolonged by 29 November 2019.

The lines have been secured with a power of attorney to access the bank account of LPP SA and a blank promissory note.

CR 48 2017 – Annex to a significant agreement

CR 47/2017 Shareholders representing at least 5% of votes at the EGM of LPP SA as at 20 October 2017

Shareholders representing at least 5% of votes at the EGM of LPP SA as at 20 October 2017

           

Current report no.: 47/2017

Date: 20.10.2017, 13:48


The Management Board of LPP SA announces the list of shareholders holding more than 5% of votes at the EGM as at 20 October 2017:

1) Marek Piechocki 874 995 votes representing 35.45% of votes at the EGM and 27.1% of the total number of votes,

2) Jerzy Lubianiec 874 995 votes representing 35.45% of votes at the EGM and 27.1% of the total number of votes,

3) FORUM 65 FIZ 143 711 votes representing 5.82% of the number of votes at the EGM and 4.6% in the total number of votes,

4) NATIONALE-NEDERLANDEN OTWARTY FUNDUSZ EMERYTALNY 129 000 votes representing 5.23% of the number of votes at the EGM and 3.99% in the total number of votes.

CR 47 2017 – Shareholders representing at least 5% of votes at the EGM of LPP SA as at 20 October 2017

CR 46/2017 The Resolutions of the Extraordinary General Meeting of Shareholders of LPP SA

The Resolutions of the Extraordinary General Meeting of Shareholders of LPP SA            

Current report no.: 46/2017

Date: 20.10.2017, 13:45


The Management Board of LPP SA publishes the content of resolutions passed on 20 October 2017 by the Extraordinary General Meeting of Shareholders of LPP SA as an attachment to this report.

At the same time, the Issuer announces that decided to withdraw from the appointment of the Ballot Counting Committee from the agenda due to the voting by means of the electronic voting system.

CR 46 2017 – The Resolutions of the Extraordinary General Meeting of Shareholders of LPP SA

CR 46 2017 – Attachment Resolutions of the EGM of Shareholders of LPP SA

CR 45/2017 Changes in the composition of the Supervisory Board of LPP SA

Changes in the composition of the Supervisory Board of LPP SA

                       

Current report no: 45/2017

Date: 20.10.2017

Time: 10:21


The Management Board of LPP SA (Company, Issuer) informs that, on 20 October 2017, the Extraordinary General Meeting of LPP SA (EGM) dismissed, as of the same date, all previous members of the Company’s Supervisory Board, i.e. Jerzy Lubianiec, Maciej Matusiak, Wojciech Olejniczak, Krzysztof Olszewski and Dariusz Pachla.

Next, the EGM appointed the following persons as members of the Company’s Supervisory Board as of 20 October 2017: Magdalena Sekuła, Jerzy Lubianiec, Antoni Tymiński, Miłosz Wiśniewski, Piotr Piechocki and Wojciech Olejniczak.

Changes in the Company’s Supervisory Board, made at the EGM, are aimed, in particular, at adjusting its composition to the requirements stemming from the Act on Statutory Auditors, Audit Companies and on Public Supervision, dated 11 May 2017, in respect of independence of members of the supervisory Board.  

The Issuer has enclosed to this report information on the education, qualifications and earlier positions as well as other information required by law and referring to the above-mentioned persons acting in a supervisory capacity.

CR 45 2017 – Changes in the composition of the Supervisory Board of LPP SA

CR 45 2017 – Attachment

CR 44/2017 Information on the transaction on the issuer’s shares

Information on the transaction on the issuer’s shares

                                                                                  
Current Report No.: 44/2017

Date: 19.10.2017; 14:08


The Management Board of LPP SA (hereinafter the Issuer, the Company) announces that on October 19, 2017, they received the notification of the transaction consisting in the disposal of shares of LPP SA by Mrs Alicja Milińska performing managerial responsibilities in the Company as The Chief Accountant.

The Company attaches the notification received to this report.

CR 44 2017 – Information on the transaction on the issuer’s shares

CR 44 2017 – Attachment Notification of transaction referred to in Article 19 Section 1 of MAR Regulation

 

CR 43/2017 Revenues from sales generated by LPP SA Capital Group in September 2017

Revenues from sales generated by LPP SA Capital Group in September 2017                                                                                           
Current report no.: 43/2017

Date: 02.10.2017, 11:09

 

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in September 2017 totalled about PLN 611 million and were higher about 34% in comparison with the revenues generated in September 2016.

In the period between January and September 2017 consolidated revenues from sales totalled PLN 4 887 million and were higher about 17% as compared with the revenues generated in the corresponding period in the previous year.

Estimated gross margin on sales would be 62% and was higher to gross margin on sales achieved in September in the previous year about 3 percentage point.

The E-commerce revenues from sales in September 2017 totaled about PLN 26,2 mln and were higher about 126% in comparison to September 2016. In the period January – September 2017 the E-Commerce revenues from sales totaled about 212,4 mln PLN and were higher by 113% year over year.

The commercial space of stores was about 939 thousand square meters at the end of September 2017, and was about 6% higher as compared with the commercial space of stores at the end of September 2016.

 

CR 43 2017 – Revenues from sales generated by LPP SA Capital Group in September 2017