With reference to Current Report No. 28/2023 of 7 September 2023 concerning the decision of Cyfrowy Polsat S.A. (the “Company”) to issue no more than 820,000 unsecured series E bearer bonds with the nominal value of PLN 1,000 each and the aggregate nominal value not exceeding PLN 820,000,000, issued under the bond issuance program („Series E Bonds”), Current Report No. 30/2023 of 13 September 2023 concerning the allotment of Series E Bonds and Current Report No. 33/2023 of 28 September 2023 concerning the issue of Series E Bonds and designation of the first day of trading of Series E Bonds in the Alternative Trading System operated by the Warsaw Stock Exchange S.A. ("WSE") on the Catalyst market, the Company announces that on 28 September 2023 it purchased (repurchased) for redemption (i) 84,250 series B bonds with the total nominal value of PLN 84,250,000, issued by the Company on 26 April 2019 with the redemption date scheduled in the terms of series B bonds issue for 24 April 2026, designated with the ISIN code PLCFRPT00047 and listed in the Alternative Trading System operated by the WSE on the Catalyst market under the abbreviated name CPS0426 (“Series B Bonds”), and (ii) 75,956 series C bearer bonds with the total nominal value of PLN 75,956,000, issued by the Company on 14 February 2020 with the redemption date set in the terms of series C bonds issue for 12 February 2027, designated with the ISIN code PLCFRPT00054 and listed in the Alternative Trading System operated by the WSE on the Catalyst market under the abbreviated name CPS0227 (“Series C Bonds”), (collectively "Bonds Repurchased for Redemption") from investors eligible for the Bonds Repurchased for Redemption who have paid the issue price of the Series E Bonds, registered on 28 September 2023 in the depository kept by the National Depository of Securities (Krajowy Depozyt Papierów Wartościowych S. A.) (“NDS”) pursuant to settlement orders, as defined in §5 of the Detailed Rules of Operation of the NDS, by setting off the Company's receivables related to the issued Series E Bonds against the investors’ receivables related to the sale of the Bonds Repurchased for Redemption to the Company.
The Company announces that in connection with the above, on 28 September 2023 the Management Board of the Company adopted a resolution to redeem the Bonds Repurchased for Redemption.
After the redemption of the Bonds Repurchased for Redemption, 223,798 Series B Bonds and 88,053 Series C Bonds will be listed in the Alternative Trading System operated by the WSE on the Catalyst market. The Management Board did not decide on an early redemption of the remaining Series B Bonds and Series C Bonds.
Disclaimer:
This current report was prepared in accordance with Article 17 Section 1 of Regulation No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.
This current report is for information only and is published by the Company solely to provide information regarding repurchase and decision to redeem the Bonds Repurchased for Redemption. This current report is by no means intended, whether directly or indirectly, to promote the offer or the issuance of Series E Bonds and does not constitute advertising material prepared or published by the Company for the purpose of promoting the offer or the issuance of the Series E Bonds or soliciting, whether directly or indirectly, prospective investors. No prospectus, information memorandum or other offering documents were or are required to be provided in connection with the offer or with the issuance of Series E Bonds under the Prospectus Regulation or under the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.
This current report or any part hereof are not intended for distribution, whether directly or indirectly, within the territory of or into the United States of America or other jurisdictions where such distribution, publication or use may be subject to restrictions or may be prohibited by law. The securities referred to in this material have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and they cannot be offered or sold in the United States of America. The Company does not intend to register the Series E Bonds or conduct any offering of the Series E Bonds in the United States of America. The Series E Bonds were only offered and sold outside the United States of America in offshore transactions in reliance on Regulation S under the U.S. Securities Act.
