POLISH FINANCIAL SUPERVISION AUTHORITY

Current Report No 92/2016

Made on 2016-09-28

The issuer's name Magellan S.A.

Subject Raising the value of agreements concluded with an associated entity

Legal grounds Art. 17 title 1 of MAR - confidential information

Report content:

Magellan S.A. Management Board hereby informs that on 28 September 2016 the Company was informed by Banca Farmafactoring S.p.A. located in Milan, Italy (who is a parent undertaking to Mediona sp. z o.o. - the Shareholder of Magellan S.A.) about raising the value of framework loan agreements granted to the Company for financing of the current operations. From 27 September 2016:

  • the value of the agreement dated 17 June 2016 was raised from EUR 50,000 thousand to EUR 75,000 thousand (this value is equal to PLN 322,290 thousand after converting EUR into PLN at the average NBP rate calculated on 27 September 2016),

  • the value of the agreement dated 8 August 2016 was raised from PLN 500,000 thousand to PLN 600,000 thousand.

In both agreements the financing period was extended to 15 January 2017. Other significant conditions of the agreement were not changed.

Vice-President, Management Board Member, Management Board

Grzegorz Grabowicz Rafał Karnowski

Magellan SA published this content on 28 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 September 2016 13:00:06 UTC.

Original documenthttp://www.magellansa.pl/Portals/1/Files/Raporty/Raporty biezace/EN/2016/092_Zwiekszenie_wartosci_umow_z_BFF_ENG.pdf

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