RB 46/2023
The Management Board of PragmaGO S.A. (the “Issuer” or the “Company”) announces that on August 4, 2023, an overdraft agreement in the amount of PLN 15,000,000.00 was concluded between SGB-Bank S.A. as the Bank and the Company as the Borrower to finance the Borrower’s current business activities (the “Loan Agreement”).
Under the terms of the Loan Agreement, the final date for repayment of the loan and interest is August 3, 2024. The interest rate on the loan will be calculated at a rate equal to the sum of the Bank’s fixed margin and WIBOR 1M.
Security for repayment of obligations under the Loan Agreement is: a blank promissory note, power of attorney to the account and a registered pledge on a separate set of current and future receivables constituting an economic whole.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
