Legal basis: Art. 56.1.1 of the Act on Public Offering – confidential information
The Management Board of LC Corp S.A. (the “Issuer”) presents the preliminary information about the sale and transfer of title to flats/premises by the LC Corp Group companies in 2015 as compared to 2014, in the form of a table enclosed to this report.
The data show:
- the number of developer and preliminary agreements (in the case of residential premises after the occupancy permit has been obtained, and retail premises) reduced by withdrawals, without taking account of reservation agreements;
- the number of agreements on the transfer of title to residential and retail premises;
Considering the current housing market situation and assuming a stable situation in financial markets in the area of mortgage loans (maintaining the adequate level of lending by banks, low credit rates), the Management Board believes that on the basis of the land bank held LC Corp Group is able to maintain the current level of sales (with regard to sales volume and margin) in the next years.
This information will be used for presentations and publications in the press.
In the opinion of the Issuer’s Management Board this information represents confidential information within the meaning of Art. 154 of the Act on Trading in Financial Instruments of 29 July 2005.
Legal basis: Art. 56.1.1 of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on Public Companies of 29 July 2005