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Name | Symbol | Market | Type |
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Citibank Thai U | LSE:07LC | London | Equity Warrant |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS Number:8160R KGHM Polska Miedz S.A. 21 February 2002 Current report 12a/2002 (21 February 2002) The Management Board of KGHM Polska Miedz S.A. announces that in the report published today at 08:52 under RNS number 8083R there was a mistake in the date of the credit agreement. The date given for the credit agreement was 21 December 2001; the date should read 21 December 2000. Also, the date the changes came into force should read 1 February 2002 and not '1 February' as previously published. Below please find the correct version of the report: Current report 12/2002 The Management Board of KGHM Polska Miedz S.A. announces that on 20 February 2002 the Company received a signed and accepted Supplemental Agreement dated 31 January 2002 which introduces changes to the credit agreement of 21 December 2000 providing credit in the amount of USD 200 mln, organised for KGHM Polska Miedz S.A. by the banks ABN Amro Bank N.V. and Citibank N.A. (current report dated 21 December 2000). The changes came into force on 1 February 2002. The fee for altering the credit agreement is USD 300 000. The credit margin was changed from 0.75% (this level of margin was in force from December 2001) to 1.5%. In addition, the credit agreement of 21 December 2000 is also altered by the addition of new paragraphs having the following wording: - if the Company disposes of any of the shares held by it in Polkomtel S.A., it shall apply forthwith an amount equal to the Proceeds arising from any such disposal towards prepayment of all outstanding Loans pro rata, - the Company shall withhold from any dividend payments, nor make any other payments (either in cash or non-cash form) on behalf of its shareholders, with respect to the year 2001. The criteria for designating this as a significant agreement is the amount of equity capital of the Company. Legal basis: (para.5, section 1, point 3 Decree of the Council of Ministers dated October 16, 2001 - Dz. U. Nr 139, poz. 1569) This information is provided by RNS The company news service from the London Stock Exchange
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