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To:
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Financial Supervisory Authority - Financial Instruments and Investments Sector
Bucharest Stock Exchange
Regulated Market
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From:
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IMPACT DEVELOPER&CONTRACTOR S.A.
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CURRENT REPORT
According to the provisions of Law No.24/2017 on issuers of financial instruments and market operations and Regulation No. 5/2018 of FSA on Issuers of Financial Instruments and Market Operations, and also the provisions the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments
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Date of the report
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16.10.2018
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Name of the issuing entity:
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IMPACT DEVELOPER&CONTRACTOR S.A. (the “Company” or “Impact”)
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Registered headquarters:
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Willbrook Platinum Business & Convention Center, 172-176 Bucharest – Ploiesti Road, Building A, 1st Fl, Bucharest, 1st District
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Telephone/fax number:
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+40-21-230.75.81/82/83, +40-230.75.70/71/72
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Registration number with the Office of the Register of Commerce attached to the Bucharest Tribunal:
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J40/7228/2018
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Fiscal Code:
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1553483
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Subscribed and paid-in share capital:
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RON 277,866,574
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Regulated Market on which the issued securities are traded:
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Bucharest Stock Exchange
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Important events to be reported:
Transactions of the type of those mentioned under Art. 82 Para (1) of Law No. 24/2017, respectively loan agreement.
1. Contracting parties
- IMPACT DEVELOPER & CONTRACTOR SA, as Lender;
- BERGAMOT DEVELOPMENTS SRL (“Bergamot”), an affiliated party to Impact, as Borrower. Impact holds 99% of the social capital of Bergamot.
2. Date of conclusion and the nature of the document
Additional act of 16.10.2018 to the Loan Agreement dated 14.07.2017 (the “Loan Agreement”).
3. Description of the subject of the agreement
Increasing the Borrowed Amount through the Loan Agreement.
Borrower Bergamot shall use the Borrowed Amount in order to carry out the current activity.
4. Total value of the agreement
Lender increases the Amount Borrowerd through the Loan Agreement with RON 2,350,000. Consequently, the entire value of the Loan Agreement is RON 19.060.000.
The Borrowed Amount shall bear, for each Interest Period, an interest rate equal to 6.5%/year.
5. Mutual claims
Impact’ accounts receivables to be collected from Bergamot of RON 685.840.
6. Established guarantees, penalties stipulated
There are no guarantees and penalties established.
7. Terms and payment methods
Borrower, Bergamot, unconditionally undertakes to repay the Borrowed Amount to Lender, Impact, in full, no later than 16.10.2019 (the “Maturity Date”).
IMPACT DEVELOPER & CONTRACTOR SA
Chairman of the Board of Administration,
Iuliana Mihaela Urda,
Chief Executive Officer,
Bogdan-Ionut Oslobeanu