IMPACT DEVELOPER & CONTRACTOR S.A. - IMP

Sale Agreement

Published: 2/22/2019 6:30:10 PM

IRIS Code: 4991A


Body

To: Financial Supervisory Authority, Bucharest Stock Exchange

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

Date of the report

22 February 2019

Name of the issuing entity:

IMPACT DEVELOPER&CONTRACTOR S.A.

Registered headquarters:

Willbrook Platinum Business & Convention Center, 172-176 Bucharest – Ploiesti Road, Building A, 1st Floor, Bucharest, District 1

Telephone/fax number:

Tel.: 021–230.75.70/71/72, fax: 021–230.75.81/82/83

Unique Code No.:

1553483

Registration number with the Register of Commerce:

J40/7228/2018

Subscribed and paid-in share capital:

RON 277,866,574

Regulated Market:

Bucharest Stock Exchange

LEI CODE

315700KVJ0DVH5IBI827

Important events to be reported: Information regarding an agreement concluded by the company whose value exceeds 10% of its net turnover or total income, as the case may be, related to the latest annual financial statement.

The company informs the shareholders and investors with regard to the following:

IMPACT DEVELOPER & CONTRACTOR SA concluded the sale agreement authenticated under No. 188 of 21 February 2019 by notary public Octavian-Viorel Rogojanu, with its headquarters in Bucharest, whereby it sold to the Bucharest Municipality, through the General Mayor, 70 apartments, located in District 1, the Greenfield Residential Complex, offered at the auction organized by the Bucharest City Hall, for the acquisition of apartments for medical staff from the institutions subordinated to the Bucharest Administration of Hospitals and Medical Services.

The price of the agreement is RON 37,355,603.02 plus VAT.

The Bucharest City Hall, through the General Mayor, shall pay the full price until 30.06.2019. In order to guarantee the payment of the price, a legal mortgage is established.

IMPACT DEVELOPER & CONTRACTOR S.A.

President of the Board of Directors

Iuliana Mihaela Urda

General Manager

Bogdan-Ionut Oslobeanu