Subject: Closing of subscription for EUR 500,000,000.00 of covered bonds under the international Covered Bond Programme of PKO Bank Hipoteczny SA
Legal basis: § 16 Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by the issuers of securities and on conditions under which information required by legal regulations of a third country may be recognized (current report).
Content:
Due to the closing of subscription for covered bonds series 7 issued as part of the Covered Bond Programme for the European market based on the updated Base Prospectus published on 5 September 2018 and the intention to introduce covered bonds to trading on a regulated market in Luxembourg, the Management Board of PKO Bank Hipoteczny S.A. with its registered office in Gdynia ("the Bank") provides information about:
1) subscription opening and closing date: opening date: 21 January 2019, closing date: 21 January 2019.
2) securities allocation date: 21 January 2019.
3) the number of securities covered by the subscription: 5 000.
4) reduction rate in specific tranches, if at least in one of the tranches the number of allocated bonds was lower than the number of subscribed bonds: the covered bonds are to be issued in one tranche with the reduction rate of: 53.72%.
5) the number of securities for which subscriptions were made: 10 804.
6) the number of securities which were allocated within the subscription: 5 000.
7) the subscription price of the securities: 99.933% of the principal amount.
8) the number of persons who subscribed the securities in specific tranches: 66.
9) the number of persons to whom the securities were allocated within the subscription in specific tranches: 66.
10) the name of underwriters who acquired the securities under an underwriting agreement, the number acquires securities; the actual price of one security being the issue price less the underwriting commission: N/A.
11) the aggregate principal amount of subscription, i.e. the product of number of securities under the offering and the issue price: 499,665,000.00 EUR (in words: four hundred ninety nine million six hundred and sixty five thousand euros) which is equal to 2,144,961,912.00 PLN according to average NBP fixed rate as of 21 January 2019.
12) the total costs which were recognised as the issuance costs: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
13) the average cost of subscription per one security: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
14) the way of payment for securities to be acquired: the payment will be made by a wire transfer to the Bank’s account.
Date: 25-01-2019, 16:51
SIGNATURES OF COMPANY REPRESENTATIVES
25.01.2019 Paulina Strugała, President of the Management Board
25.01.2019 Jakub Niesłuchowski, Vice President of the Management Board