The Management Board of CPD S.A. (hereinafter the 'Issuer'), in reference to current report no. 31/2018 of 31 July, 2018, informs that 29 July 2020 the Issuer's subsidiary ie. 5/92 Gaston Investments spółka z ograniczoną odpowiedzialnością spółka komandytowa with its registered office in Warsaw, concluded agreement for the sale of the right of perpetual usufruct of real property, covering a plots no. 92/2, 92/4 and 92/5, geodetic district no. 2-09-09, located in Warsaw, Ursus district, for UDI Tau spółka z ograniczoną odpowiedzialnością based in Warsaw. The Agreement was concluded as the implementation of preliminary agreement, of which the Issuer informed in the current report No. 31/2018 of 31 July, 2018.

The sale price was set at PLN 50.3 million net.

The remaining provisions of Agreement concluded by the Selling Company Seller do not differ from the standards commonly applicable to this type of agreements.

Legal basis:

Article 17.1 MAR - Inside information

Signatures of persons representing the Issuer:

Elżbieta Wiczkowska, Member of the Board, 29 July 2020

Iwona Makarewicz, Member of the Board, 29 July 2020

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CPD SA published this content on 29 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2020 19:50:13 UTC