RB 68/2018
Date: 27 July 2018
Subject: Loan agreement in Benefit Systems’ capital group
Legal basis: Art. 17 item 1 of MAR – confidential information


The Management Board of Benefit Systems S.A. with its registered office in Warsaw (the “Issuer”) informs about the receipt of the loan agreement ("Loan agreement") of 26 July 2018, concluded between the Issuer (“Lender") and ZDROFIT sp. z o.o. with its registered office in Warsaw ("Borrower"), in which the Issuer indirectly holds 100% stake, in the amount of PLN 18,0 million.  As a result of this agreement the total value of loans concluded between the Lender and the Borrower in the last 12 months (including repayments made) has reached PLN 34,0 million.

The loan amount will be distributed in tranches in accordance with the Borrower's needs. The interest rate on the loan is floating and was determined on market terms. The loan is to be repaid by 30 September 2023. The loan agreement does not include any conditions precedent, conditions subsequent and contractual penalties. Other terms of the Loan Agreement do not differ from those commonly used in this type of agreements.

The loan will enable the Borrower to finance its current operations.