KDM SHIPPING - MANAGEMENT OPINION ABOUT NO IMPACT OF THE SITUATION IN CYPRUS ON GROUP?S OPERATION...

KDM SHIPPING - MANAGEMENT OPINION ABOUT NO IMPACT OF THE SITUATION IN CYPRUS ON GROUP?S OPERATIONS AND ITS FINANCIAL STANDING (6/2013)

20.03.2013 14:26

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 6 / 2013
Date of issue: 2013-03-20
Short name of the issuer
KDM SHIPPING
Subject
MANAGEMENT OPINION ABOUT NO IMPACT OF THE SITUATION IN CYPRUS ON GROUP?S OPERATIONS AND ITS FINANCIAL STANDING
Official market - legal basis
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bie??ce i okresowe
Unofficial market - legal basis
Contents of the report:
In regards to possible exposure of the company to the Cypriot crisis, KDM Shipping Public limited informs that none of the Group's entities holds any deposits in any of Cypriot Banks. As of the date of the announcement the balance of the accounts the Group in Cypriot banks is zero. Consequently the Management is of the opinion that the situation in Cyprus should not have any negative impact on Group's operations and its financial standing.
Annexes
File Description
KDMManagementopinion abouttheimpactofthesituationin_Cyprus.pdf PDF Format file

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INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

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| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
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| | | (NIP)
| | | (REGON) | | |

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INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2013-03-20 Denys Molodkovets CFO

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