MILKILAND N.V. - Signing the debt restructuring agreements with Pekao Bank S.A. and Pekao Leasing

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 6 / 2018

Data sporządzenia: 2018-09-11

Skrócona nazwa emitenta

MILKILAND N.V.

Temat

Signing the debt restructuring agreements with Pekao Bank S.A. and Pekao Leasing

Podstawa prawna

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieї№ce i okresowe

Treść raportu:

The Board of Directors of Milkiland N.V. (“the Company") informs that the Amendment agreement to Revolving Credit Facility agreement and Overdraft Credit Facility agreement (“the Agreement”) between Pekao Bank S.A. (“the Bank”), from one side, and Ostrowia sp. z.o.o. (“the Borrower”), Milkiland EU and UA Trade, all together are the Group’s Polish subsidiaries, and the Company, on another side, on restructuring of the indebtedness in the total amount of PLN 4.87 million (EUR 1.1 million), was signed on 29 August 2018. The Parties agreed that the final repayment of the indebtedness shall be made on 31 July 2019. In order to secure the repayment of the principal sum of the indebtedness, the monthly repayment schedule was applied. The Borrower also took the obligation to sell the non core assets in the sum of not less than PLN 0.509 million (EUR 0.12 million) until 31 March 2019 and allocate the obtained proceedings for the repayment to the Bank. The Parties also agreed to postpone the payment of the interest due and penalty interest accrued to the overdue debt liabilities in the total amount at PLN 0.609 million (EUR 0.143 million) until 31 July 2019. During of the term of the Amendment agreement, the Bank took the obligation to refrain from debt enforcement procedures. Also, the Amendment agreement to Agreement between Pekao Leasing, from one side, and Ostrowia sp. z.o.o., Milkiland EU, the Group’s Polish subsidiaries, on another side, on restructuring of the indebtedness in the total amount of PLN 6.4 million (EUR 1.5 million), was signed on 28 August 2018. The Parties agreed that the final repayment of the indebtedness shall be made on 31 December 2019. The monthly repayment schedule was applied.

MESSAGE (ENGLISH VERSION)

MILKILAND N.V.

(pełna nazwa emitenta)

MILKILAND N.V. Spożywczy (spo)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

1081 CN Amsterdam

(kod pocztowy) (miejscowość)

Amsterdamse Bos, Cuserstraat 93 93

(ulica) (numer)

+ 31 20 894 9651

(telefon) (fax)

[email protected] www.milkiland.nl

(e-mail) (www)

1234 1234

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2018-09-11 Sergey Trifonov IR Officer Sergey Trifonov