Warsaw, July 27, 2007
80/2007
Under the § 5, art. 1, item 11) of the Regulation of the Minister of Finance
of October 19, 2005 concerning current and periodic information conveyed
by securities issuers (Journal of Laws from 2005, No. 209, item 1744)
the Management Board of Sygnity Spółka Akcyjna based in Warsaw
informs about the issue of the Company’s bonds
The Management Bard of the Sygnity Spółka Akcyjna („Company”) informs, in connection with
the current report no. 69/2006, that on July 27, 2007 the Company issued two-year bonds of
Sygnity S.A. (“Bonds”) within the framework of the five-year Program of Issuing Short and
Middle-Term Bonds (“Program”).
Issuing Bonds is rolling over the bonds bearing the series number 270707CPL001, issued by the
Company on 27.07.2006 (current report no. 80/2006), with the redemption date of 27.07.2007.
Bonds bearing the series number 270707CPL001 have undergone redemption by Sygnity S.A. on
27.07.2007.
Bonds were offered to investors under proper provisions of law and regulations effective on the
territory of the Republic of Poland.
The total nominal value of the issued Bonds amounts to PLN 50.000.000, and the nominal value
of one Bond is: PLN 100.000.
The Bonds were issued as interest bonds, whose rate of return is based on the amount of WIBOR
3M rate and investors’ margin.
The denominated Bonds are in PLN, they were issued in the procedure of non public offer to
purchase under art. 9 item 3 of the Act on Bonds of June 29, 1995. The Bonds were issued as nonsecured bonds, bearer bonds. The Bonds are not in the form of a document (dematerialized Bonds)
and they will be entered in the entries register within the meaning of the art. 5a of the Act on
Bonds of June 29, 1995.
The redemption of the Bonds shall be done according to the Bond’s nominal value. Sygnity S.A.
does not stipulate admitting Bonds to trading on the regulated market.
The Bonds were issued on the following conditions:
1.
2.
3.
4.
5.
Issuing date:
27.07.2007
Redemption date:
27.07.2009
Issuing price:
based on market conditions
Series number:
SYG005270709
Dates of payments of the interest coupons: according to the following Table:
No. of
the
Interest
Period
The date of the
Beginning of the
Interest Period
presented in the
column I
The date of the
Ending of the
Interest Period
presented in the
column I
The date of the
Interests Payment
for the Interest
Period presented in
the column I
I
1
The date of
establishing the
interest rate
(WIBOR 3M) for
the Interest Period
presented in the
column I
II
25.07.2007
III
27.07.2007
IV
27.10.2007
V
29.10.2007
2
25.10.2007
27.10.2007
27.01.2008
28.01.2008
3
24.01.2008
27.01.2008
27.04.2008
28.04.2008
4
24.04.2008
27.04.2008
27.07.2008
28.07.2008
5
24.07.2008
27.07.2008
27.10.2008
27.10.2008
6
23.10.2008
27.10.2008
27.01.2009
27.01.2009
7
23.01.2009
27.01.2009
27.04.2009
27.04.2009
8
23.04.2009
27.04.2009
27.07.2009
27.07.2009
The value of the incurred by Sygnity S.A. liabilities as of 30.06.2007, according to the books’
balance as of 25.07.2007 was PLN 321.064 thousand. The final amount of liabilities shall be
presented in the periodic report (financial statement for the II quarter) of 09.08.2007.
Within the above-mentioned amount of liabilities, financial liabilities due to issued by Sygnity
S.A. Bonds as of 30.06.2007 amounted to PLN 84.706 thousand.
Within the expected value of liabilities, by the date of final redemption of the Bonds in the
framework of the presented above series, no significant changes are predicted (apart from
increasing the liabilities resulting from joining with the subsidiary companies)
After the issuing of the above-mentioned series, the total nominal value of the Bonds issued within
the Program framework, amounts to PLN 85.000 thousand as of 27.07.2007 (the present current
report and current report no. 57/2007)
The issuing of the Bonds, as additional source of financing, allows the Company for
diversification of the sources of financing and for increasing the optimalization of the financing
costs.