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SSIF BRK FINANCIAL GROUP SA - BRK

Addendums to the loan agreements with FireByte Games

Release Date: 2/8/2019 6:27:23 PM

IRIS Code: 66715

No. 605/08.02.2019

To:          

Financial Supervisory Authority

Financial Instruments and Investments Sector

 

Bucharest Stock Exchange

 

CURRENT REPORT

 In compliance with the provisions of Law no. 24/2017 on issuers of financial instruments and market operations and Regulation no. 5/2018 on issuers of financial instruments and market operations

 

Date of the report: February 8, 2019

Name of issuer: SSIF BRK Financial Group SA

Headquarters: Cluj-Napoca, 119 Motilor Street, Cluj County

Telephone/fax no: 0364-401.709/0364-401.710

Tax Identification Code: 6738423

Trade Register no/date: J12/3038/1994

Subscribed and paid share capital: RON 54,039,987.04

Regulated market where issued securities are traded: Bucharest Stock Exchange, - Premium Tier, market symbol: BRK

Important events to be reported:

In accordance with art. 82 of Law no. 24/2017, we inform you about the legal acts concluded by BRK Financial Group S.A. with involved entities, whose aggregate value is at least equivalent to EUR 50.000.

On February 8, 2019, SSIF BRK Financial Group S.A. has concluded two addendums related to two loan agreements made with S.C. Firebyte Games S.A., a company in which BRK Financial Group S.A. has important holdings.

 

The addendum to the loan agreement No. 950/05.03.2018 was registred at BRK Financial Group with No. 604/08.02.2019 and it  has the following characteristics:

-   Parties that have concluded the addendum: SSIF BRK Financial Group S.A. as a lender and S.C. Firebyte Games S.A. as a borrower;

-   Conclusion date of the legal act: 08.02.2019; nature of the act: loan agreement;

-   Subject of the addendum: loan for the purpose of carrying out the economic activity of the borrower;

-   Loan amount: 78,439.73 lei;

-   Annual interest rate: ROBOR 3M plus a margin of 7%;

-   Loan repayment term: 01.07.2019;

-   There are not indicated guarantees; penalities are not stipulated;

-   Refund method: bank transfer.

 

The addendum to the loan agreement No. 86/18.04.2018 was registred at BRK Financial Group with No. 602/08.02.2019 and it  has the following characteristics:

-   Parties that have concluded the addendum: SSIF BRK Financial Group S.A. as a lender and S.C. Firebyte Games S.A. as a borrower;

-   Conclusion date of the legal act: 08.02.2019; nature of the act: loan agreement;

-   Subject of the addendum: loan for the purpose of carrying out the economic activity of the borrower;

-   Loan amount: 87,409.59 lei;

-   Annual interest rate: ROBOR 3M plus a margin of 7%;

-   Loan repayment term: 01.07.2019;

-   There are not indicated guarantees; penalities are not stipulated;

-   Refund method: bank transfer.


At present, BRK Financial Group S.A. has 3 loan contracts with Fyrebyte Games, the aforementioned loan contracts and the loan agreement communicated on January 31, 2019, and the total value of all contracts is 265,849.32 lei. SSIF BRK Financial Group hasn’t liabilities to S.C. Firebyte Games SA.

                                                                               
 

Nicolae Ghergus

Chairman of the Board



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