Current report No. 15/2020
Date of preparation: 2020-02-28
Short name of the issuer: i2 Development S.A.
Subject: Conclusion of the contract for the purchase of real estate by a company from the i2 Development S.A. capital group

Legal basis: Article 17 para. 1 MAR – confidential information

Management Board of i2 Development S.A. ("The Issuer"), with reference to the current reports no. 27/2018 of May 16, 2018 and no. 57/2019 of October 31, 2019, informs that on February 28, 2019 an indirect subsidiary of the Issuer, i.e. i2 sp. z o. o Stalowa sp.k. seated in Wrocław concluded a contract for the purchase of the ownsership of built-up real estate consisting of a plot no. 4/2 with an area of 0,5816 ha, located in Wrocław at Grabiszyńska Street ("Real Estate"). The purchase price of the Real Estate was PLN 9,428,701,22 gross and has already been paid.

At the same time, the Issuer indicates, that the Property borders with the property on which the Issuer concluded a contract for the purchase of the right of perpetual usufruct, about which he reported in current reports no. 60/2019 of December 20, 2019. On both properties, an investment project is being prepared, involving the construction of a residential and service building with approximately 280 units.

Signatures of persons representing the Company:
2020-02-28   Marcin Misztal   President of the Management Board