CR 53/2017 Significant agreement

Significant agreement       

                                                                                                                                       
Current report no: 53/2017

Date: 21 December 2017

Time: 1:52 p.m.

  

The Management Board of LPP SA informs that, today, i.e. on 21 December 2017, LPP SA and Bank Pekao SA concluded an investment credit facility agreement for the amount of PLN 138.5 mln, allocated for the refinancing of the construction of the Company’s two office buildings in Gdańsk, at Łakowa street.

The utilisation period has been set until 31 March 2020, with a repayment date being 31 March 2025.

The said credit facility has been secured with the following:

– contractual mortgage,

– power of attorney covering bank accounts kept in the Bank,

– statement on submission to enforcement in the form of a notarial deed,

– assignment of rights under a real estate insurance policy in the project construction and operation period.

CR 53 2017 – Significant agreement

CR 52/2017 Information on the transaction on the issuer’s shares

Information on the transaction on the issuer’s shares

                                                                                  
Current Report No.: 52/2017

Date: 01.12.2017; 19:29


The Management Board of LPP SA (hereinafter the Issuer, the Company) announces that on December 01, 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 52 2017 – Information on the transaction on the issuer’s shares

CR 52 2017 – Attachment Notification of transaction referred to in Article 19 Section 1 of MAR Regulation

CR 51/2017 Revenues from sales generated by LPP SA Capital Group in November 2017

Revenues from sales generated by LPP SA Capital Group in November 2017             

                                                                               
Current report no.: 51/2017

Date: 01.12.2017, 13:20


The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in November 2017 totalled about PLN 602 million and were higher about 24% in comparison with the revenues generated in November 2016.

In the period between January and November 2017 consolidated revenues from sales totalled PLN 6 139 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 59% and was lower to gross margin on sales achieved in November in the previous year about 1 percentage point.

The E-commerce revenues from sales in November 2017 totaled about PLN 54.8 mln and were higher about 112% in comparison November 2016. In the period January – November 2017 the E-Commerce revenues from sales totaled about 304 mln PLN and were higher by 107% year over year.

The commercial space of stores was about 968 thousand square meters at the end of November 2017, and was about 6% higher as compared with the commercial space of stores at the end of November 2016.

CR 51 2017 – Revenues from sales generated by LPP SA Capital Group in November 2017

LPP ON THE WORLD STAGE

LPP expands its activities in Poland and abroad. The chain of over 1700 stores in 20 countries and investments in Western Europe, the Balkans and the Middle East are the best proof of LPP’s global reach.

A POLISH CLOTHING COMPANY

Although today we operate on 20 markets, we will always remain a company with Polish roots. In Poland, the concepts of our brands were born and here all the strategic decisions are made.