Market announcement
Investment Friends Capital SE
LEI code
259400IJV1V3TF45QC25
Size of the entity
Micro undertaking
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
8388
Submission date and time
18.11.2020 15:53:44
Content of announcement in English
Title
Conclusion of the Annex to the Loan Agreement of 1/10/2020.
Message
The Management Board of INVESTMENT FRIENDS CAPITAL SE in Tallinn hereby informs that on November 18, 2020, the Issuer, as the Lender, concluded an Annex to the Cash Loan Agreement with Patro Invest OU based in Tallinn, Estonia (Ariregister Estonia number: 14381342) as the Borrower, about which loan the Company informed in the current report No. 9/2020 of 1 October 2020. Under the concluded Annex of November 18, 2020 to the Loan Agreement of October 1, 2020 the parties changed the period for which the loan was granted, indicating the new date of its return as at December 31, 2023 and increased the amount of the loan from PLN 11 800 000,00 to PLN 12 000 000,00. The other terms of the Loan Agreement remained unchanged. Moreover, the Issuer informs that there are personal ties between INVESTMENT FRIENDS CAPITAL SE and PATRO INVEST OU in Tallinn, Estonia. A member of the Issuer's Management Board is a Member of the Borrower's Management Board. Moreover, the Issuer informs that the Borrower is a significant shareholder of the Issuer (69,66%), and the Member of the Issuer's Management Board is the only Shareholder of the Borrower.