Current Report No. 12/2014
Date of the report: April 10th 2014
Subject: Expenditure incurred on debt portfolios purchased by the KRUK Group in Q1 2014
Legal basis: Art. 56.1.2 of the Public Offering Act – current and periodic information
Text of the report:
In connection with the disclosure policy launched and described in Current Report No. 39/2012 of October 10th 2012, the Management Board of KRUK S.A. (the “Company”) announces that on April 10th 2014 it adopted a resolution specifying the nominal value of debt portfolios purchased and expenditure incurred by KRUK Group companies in Q1 2014.The total expenditure incurred by the KRUK Group (the “Group”) to purchase debt portfolios in Poland and abroad in Q1 2014 amounted to PLN 269m,while the nominal value of the debt purchased by the Group in the period amounted to PLN 1.06bn.In comparison, the total expenditure on debt portfolios purchased by the Group in Poland and abroad in Q1 2013 was PLN 50m, with the nominal value of the debt amounting to PLN 372m.
The Company further announces that details concerning the financial results achieved by the Company and the Group in the first quarter 2014 will be given in the extended consolidated interim report for Q1 2014, scheduled for publication on May 15th 2014.
Detailed legal basis: Par. 5.1.25 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information to be published by issuers of securities […].