Current Report No.: 21/2023
The Management Board of Boryszew S.A. (Issuer) advises that on 29 May 2023 indirect subsidiary Eastside-Bis Sp. z o.o. based in Warsaw (Eastside) concluded a preliminary agreement with a natural person related to the Issuer (Buyer) on sale of an office property located in Warsaw, at Foksal street No. 6 (Property) under which the parties committed to enter into the final sale agreement (Final Agreement) by 15 June 2023 for the net price of PLN 72.1 million. The conclusion of the Final Agreement will be preceded by a number of formal and technical circumstances. The transaction price was determined on an arm’s length basis according to a valuation performed by an independent appraiser.
The Issuer will announce the conclusion of the Final Agreement in a subsequent current report.
Legal attitude: Article 17 section 1 MAR – Confidential information.
Signatures:
Wojciech Kowalczyk – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.