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VRANCART SA - VNC24

The payment of the cupon no.3

Release Date: 10/18/2017 6:30:04 PM

IRIS Code: CC25E

To,

The Financial Supervisory Authority

The Bucharest Stock Exchange

 

Current report according to the CNVM Regulation no. 1/2006

 

Date of report:                                              October 18th, 2017

Name of the issuing entity:                        VRANCART S.A.

Registered office:                                         Adjud, 17 Ecaterina Teodoroiu Street, Vrancea County

Telephone/fax no.:                                       0237-640.800/0237-641.720

Tax Identification Number:                         RO 1454846

Trade Registry registration no.:                 J39/239/1991

Subscribed and paid-in share capital:       RON 103.168.354,70

The regulated trading market:                   The Bucharest Stock Exchange

 

Major events to report: 
Announcement on the payment of the interest coupon no. 3 related to the convertible bonds issued by VRANCART S.A.

 

Vrancart S.A. hereby announces that the payment of the interest coupon no. 3 related to the convertible bonds VNC24 will be made on October 25th, 2017, in accordance with the provisions of the Issuance prospectus approved through the Decision of the Financial Supervisory Authority no. 156/February 1st, 2017.

The payment of interest will be made by means of Depozitarul Central and BRD – Groupe Societe Generale – as the payment agent – to the bond holders registered in the Bond Holders’ Registry kept by Depozitarul Central as at the reference date October 18th, 2017.

The interest will be calculated in accordance with the provisions of paragraph 2.7 “The nominal interest rate and provisions on the interests to be paid” of the Issuance Prospectus. The payment of the interest related to the issued bonds will be made by bank transfer to the account of the participants to the RoClear system, to the accounts communicated by the bond holders through the Subscription form or to the accounts notified to the Payment Agent by the bond holders.

Details related to the calculation of interest:

Nominal bond value: RON 100

Interest according to the Issuance Prospectus: 2,87% (ROBOR3 Months + 2%), where ROBOR3 Months is 0,87% set on July 24th, 2017.

The formula for the calculation of interest according to the Issuance Prospectus:

(Nominal bond value*(ROBOR3 MONTHS + margin)/365)* no. of days of the interest period

The period for the calculation of interest: July 25th, 2017 – October 24th, 2017 (92 days)

 

 

Chairman of the Board of Administrators,

Ec. Ciucioi Ionel-Marian

 

 

 



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