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MONBAT AD

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Monbat : Announcement regarding a loan agreement of Monbat AD from November 29th 2021

11/29/2021 | 10:41am EDT

We hereby inform that pursuant to Art. 114, para 2 of POSAin connection with a decision of the Board of Directors of Monbat AD for the adoption of a decision to enter into a loan agreement between Monbat AD, in its capacity of Lender, and Prista Invest 2016 AD, in its capacity of Borrower, and in connection with a substantiated and reasoned request received from Prista Invest 2016 AD, Monbat AD entered into a loan agreement on 29 November 2021 with the following parameters:

Monbat AD in its capacity of Lender, provides to Prista Invest 2016 AD, in its capacity of Borrower a cash loan in an amount of EUR 1,081,000 (One million and eighty-one thousand euros);

The Borrower will owe the Lender a remunerative interest with applicable annual interest rate of 4%;

The borrower owes repayment of the loan, together with the accrued remunerative interest not later than 31.12.2022 (maturity).

The granting of a loan in the required amount to Prista Invest 2016 AD is below the threshold of Art. 114, para. 1, item 3 in connection with art. 114 para. 1, item 1, letter b) and respectively the provision of art. 114, para. 1 and para. 3 of POSA is not applicable.

Disclaimer

Monbat AD published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 15:40:01 UTC.


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Nbr of Employees 1 044
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