(TRANSLATION ONLY)

Current report No:

1/2021

Prepared on:

2021-01-15

Issuer's abbreviated name:

TORPOL S.A.

Subject: Information update on the cooperation with Generali Towarzystwo Ubezpieczeń S.A.

Legal Grounds:

Article 17(1) of MAR - Confidential Information

Contents of the Report:

In reference to Current Report No. 3/2020 of 5 February 2020 on the cooperation with Generali Towarzystwo Ubezpieczeń S.A. [Generali], the Management Board of TORPOL S.A. [Company] hereby informs that on 15 January 2021 the Company signed a subsequent annex to the framework Agreement for granting contract guarantees within a revolving credit facility [Annex].

Under the Annex, the availability period of the limit for contractual guarantees has been extended until 31 December 2021, and at the same time the amount of the granted limit has been increased to PLN 55 million.

Other terms and conditions of cooperation with Generali under the aforementioned agreement have not changed significantly.

TORPOL S.A.

NIP: 972-09-59-445

ul. Mogileńska 10 G

T: +48 61 87 82 700

Sąd Rejonowy Poznań - Nowe Miasto i Wilda w Poznaniu

61-052 Poznań

F: +48 61 87 82 790

REGON: 639691564

VIII Wydział Gospodarczy Krajowego Rejestru Sądowego

www.torpol.pl

E: torpol@torpol.pl

KRS: 0000407013

Kapitał zakładowy: 4 594 000 zł opłacony w całości

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

TORPOL SA published this content on 15 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2021 13:19:00 UTC