Current Report No. 90/2016: Allotment of bonds issued under the Third Public Bond Issue Programme

Further to Current Report No. 87/2016 of September 19th 2016 on the Third Public Bond Issue Programme (the “Programme”), the Management Board of KRUK S.A. (the “Company”) announces that on September 30th 2016 it passed a resolution (the “Resolution”) declaring the success of the issue of Series AB4 unsecured ordinary bearer coupon bonds (the “Bonds”), carried out as part of the Third Programme covered by the Base Prospectus approved by the Polish Financial Supervision Authority on February 4th 2016 (the “Prospectus”).
In the Resolution of the Company’s Management Board, the Bond issue was declared successful and 350,000 Bonds, each with a nominal value equal to the issue price of PLN 100 and with a total value of PLN 35 000 000 were allotted.
The period of subscription for the 350 000 Bonds was September 23rd 2016 (inclusive) − September 29th 2016 (inclusive). The Bonds were allotted on September 30th 2016. The issue was not divided into tranches.
During the subscription period 687 Investors effectively placed subscription orders for 906 526  Bonds. As a result of proportional reduction of 61%, the Company allotted 350 000 Bonds in response to subscription orders from 673 Investors.
A detailed summary of the issue will be presented in a separate current report.