ESPI Current Report, No. 15/2023, Conclusion of MYCODERN S.A. loan agreement. (PLMDNPL00013)

03-10-2023 15:39:28 | Current | ESPI | 15/2023

Legal basis
Article 17 (1) MAR – confidential information.

Contents of the report:

The Management Board of Mycodern S.A. with its seat in Gdańsk _”Company”, “Issuer”_ informs that the Company on October 2, 2023 entered into a loan agreement with an equity company _”Partner”_ in the amount of PLN 1,000,000 _”Agreement”_. The loan amount was paid on October 2, 2023 into the Company’s bank account. The loan repayment date is January 5, 2024.The Agreement was secured by personal guarantees of the main shareholders, i.e. Piotr Zawadzki, Bartosz Groth and Michał Przyłęcki.

The conclusion of the Agreement is a result of the Issuer’s Management Board’s decision to invest in a second production line. The Issuer’s Management Board plans to increase the production of its products to enable the Issuer’s operational development in the country and on international markets.

  • Bartosz Groth- President of the Management Board

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