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Home > News > Current reports > 14-2019 Orange Polska sells Nowogrodzka/Barbary real estate property complex for around PLN 350 million. The transaction creates significant value for the Company and confirms the success of its strategy.

142019 Orange Polska sells NowogrodzkaBarbary real estate property complex for around PLN 350 million The transaction creates significant value for the Company and confirms the success of its strategy

Current Report (14/2019)

Orange Polska S.A., Warsaw, Poland

29 August, 2019

Orange Polska sells Nowogrodzka/Barbary real estate property complex for around PLN 350 million. The transaction creates significant value for the Company and confirms the success of its strategy.

Pursuant to Art. 17 clause 1 of the Regulations (eu) no 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (hereinafter “MAR Regulations”), The Management Board of Orange Polska S.A. (“Orange Polska” or “the Company”) hereby announces that on 29 August 2019, Orange Polska concluded an agreement to sell a real estate property in a premium location in Warsaw on Nowogrodzka and Św. Barbary Street (“the Complex”) to Hockley sp. z o.o. with registered seat in Warsaw for EUR 81 million (an equivalent of around PLN 350 million).

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