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| October 18, 2021 |
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IMPACT DEVELOPER & CONTRACTOR S.A. - IMP

Loan Agreement

Release Date: 7/27/2021 6:14:16 PM

IRIS Code: 9AD33

 

To:       Financial Supervisory Authority - Financial Instruments and Investments Sector

             Bucharest Stock Exchange

             Regulated Market

 

From: IMPACT DEVELOPER&CONTRACTOR S.A.

CURRENT REPORT           

According to the provisions of Law No. 24/2017 on issuers of financial instruments and market operations and Regulation No. 5/2018 of FSA on Issuers of Financial Instruments and Market Operations

 

Date of the report

27.07.2021

Name of the issuing entity:

IMPACT DEVELOPER&CONTRACTOR S.A.  (the “Company” or “IMPACT DEVELOPER”)

Registered headquarters:

Willbrook Platinum Business & Convention Center, 172-176 Bucharest – Ploiesti Road, Building A, 1st Fl, Bucharest, 1st District

Telephone/fax number:

021-230.75.81/82/83, 230.75.70/71/72

Registration number with the Office of the Register of Commerce attached to the Bucharest Tribunal:

J40/7228/2018

Fiscal Code:

1553483

Subscribed and paid-in share capital:

RON 393,750,000

Regulated Market on which the issued securities are traded:

Bucharest Stock Exchange

COD LEI

315700KVJ0DVH5IBI827

 

IMPORTANT EVENTS TO BE REPORTED:

 

The Company informs the shareholders and investors with regard to:

BERGAMOT DEVELOPMENTS S.R.L., with its registered headquarters in Bucharest, 1st District, 172-176 Bucuresti-Ploiesti Road, Office No. 1, Willbrook Platinium & Convention Center, Building A, 1st Floor, registered with the Register of Commerce under No. J40/6057/2017, holding Unique Code No. RO 37471856 (“Bergamot Developments”), a company within which IMPACT DEVELOPER is a majority associate holding 99.99% of the social capital, concluded on 26.07.2021 an additional act to the loan agreement with Libra Internet Bank SA regarding the increase of the facility.

The total value of the facility becomes EUR 12,562,405, an investment refinancing type facility, having as its object the refinancing of the loans granted by IMPACT DEVELOPER to Bergamot Developments, by the increase of the initial facility of EUR 5,768,727, contracted on 9 March 2021, by EUR 6,793,678 contracted by the additional act to the loan agreement executed on 26 July 2021.

Bergamot Developments guarantees the fulfillment of the obligations undertaken by the loan agreement by concluding the guarantees specific to this type of financing, among which: (i) a real estate mortgage agreement having as its object sixty-eight (68) apartments with the related property shares and the related yards, located at 54B  Aviator Popisteanu Street, 1st District, Bucharest; (ii) a movable mortgage agreement having as its object the receivables resulting from insurance and sale undertakings/sale agreements having as their object the previously mentioned properties; and (iii) a movable mortgage agreement having as its object the accounts of Bergamot Developments opened with Libra Internet Bank SA.

The borrowed amount shall be reimbursed on a quarterly basis for a period of 36 months calculated from the execution date of the additional act to the loan agreement, i.e. 26.07.2021.

 

IMPACT DEVELOPER & CONTRACTOR S.A.

General Manager

Constantin Sebesanu

 



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