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Sustainable Rawlplug

25/2018 – Letter of intent to form joint venture in China

The Management Board of Rawlplug S.A. announces that today, 5 November 2018, a letter of intent was signed with business partner Shanghai Yafo Capital Asset Management Co. Ltd, based in Shanghai (China), regarding the formation of a production and sales joint venture company. The company’s business activities will include the production of RAWLPLUG-branded specialised fixings and their distribution in China. According to the letter of intent, Rawlplug S.A. will have a 40% stake in the newly-formed company. Rawlplug S.A. will contribute production machines and know-how, while the business partner will pay for its stake with a cash contribution. The signing of a joint-venture agreement and company registration are expected to take place in the first quarter of 2019. The formation of a new company is in line with RAWLPLUG Group’s key strategic objectives concerning foreign expansion, with particular emphasis on Asian markets, where the Chinese market plays a leading role. This will be the second entity operating in this market after Rawlplug Shanghai Trading Co. Ltd., which focuses on the centralisation of RAWLPLUG Group’s import purchases in China and the distribution of commercial goods in Asia. RAWLPLUG Group is currently also expanding its activities in Europe, Asia, the Middle East, Australia and Africa.   

3/2018 - Increase of available limit in credit agreement with Bank Handlowy w Warszawie S.A.

The Management Board of Rawlplug S.A. ("Company") announces that today, i.e. 23 February 2018, the Company received back a signed annex to a four-party credit agreement between Bank Handlowy w Warszawie S.A. ("Bank") and the following companies ("Borrowers"): Rawlplug S.A. Koelner Polska sp. z o.o. (a subsidiary of the Company) Koelner Łańcucka Fabryka Śrub sp. z o.o. (a subsidiary of the Company). The Company communicated about the agreement via current report 2/2018 of 9 February 2018. The annex increases the subsidiary’s financing limit from PLN 45.000.000 zł to PLN 60.000.000 for all the Borrowers. The limit is made available by the Bank in the following sub-limits: Rawlplug S.A. - PLN 60 000 000, including in EUR and USD up to the EUR and USD equivalent of PLN 10 000 000. Koelner Polska sp. z o.o. - PLN 60 000 000. Koelner Łańcucka Fabryka Śrub sp. z o.o. - PLN 60 000 000, including in EUR and USD up to the EUR and USD equivalent of PLN 10 000 000. The credit facility will be repaid by 26 February 2021. Interest on the credit facility is based on a variable interest rate the basis of which is WIBOR/EURIBOR/LIBOR (depending on the currency of choice) for one-month deposits.

2/2018 - Extension of financing and change in cooperation with Bank Handlowy w Warszawie S.A.

The Management Board of Rawlplug S.A. ("Company") announces that today, i.e. 9 February 2018, the Company received back a signed four-party credit agreement between Bank Handlowy w Warszawie S.A. ("Bank") and the following companies ("Borrowers"): Rawlplug S.A. Koelner Polska sp. z o.o. (a subsidiary of the Company) Koelner Łańcucka Fabryka Śrub sp. z o.o. (a subsidiary of the Company). The amount of the credit facility is PLN 45 000 000 for all of the Borrowers. The limit is made available by the Bank in the following sub-limits: Rawlplug S.A. - PLN 45 000 000, including in EUR and USD up to the EUR and USD equivalent of PLN 10 000 000. Koelner Polska sp. z o.o. - PLN 45 000 000. Koelner Łańcucka Fabryka Śrub sp. z o.o. - PLN 45 000 000, including in EUR and USD up to the EUR and USD equivalent of PLN 10 000 000. The credit facility will be repaid by 26 February 2021. Interest on the credit facility is based on a variable interest rate the basis of which is WIBOR/EURIBOR/LIBOR (depending on the currency of choice) for one-month deposits. This credit agreement is the first step in a process to change the way Rawlplug Group works with the Bank. The change consists of excluding subsidiary Koelner Polska sp. z o.o. from the trade credit structures that the Company communicated via current reports 15/2015 and 6/2016. Koelner Polska sp. z o.o.'s debt under the trade credit currently amounts to approx. PLN 13 000 000 and will be replaced by the three-year financing described above. This also means that the PLN 57 000 000 debt limit currently available to the company, partially used, will be replaced with a three-year current account overdraft facility. In the next step, after converting Koelner Polska sp. z o.o.'s trade credit to a current account overdraft, the PLN 45 000 000 limit available to the Borrowers will be increased to PLN 60 000 000. The above changes are expected to be completed by 28 February 2018, which will be communicated by the Company in subsequent current reports.


RAWLPLUG OFFER

PROFESSIONAL PRODUCTS FROM FASTENING TECHNIQUES, POWER TOOLS ACCESORIESS AND POWER TOOLS

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TRUST & INNOVATION

INNOVATION SOLUTIONS AND SUSTAINABLE DEVELOPMENT POLICY

Aprobaty

We understand Trust & Innovation

as the search for better technical solutions, supported by the knowledge and long-term experience of our constructors.

The company’s consistent emphasis on the quality and innovation of our products resulted in providing our customers with 30 European and 50 local technical approvals in 2013.

Kotwy

Rawlplug’s flagship products

in the area of fixings are chemical and mechanical anchors. Our most recent market releases are the R-HPTII mechanical throughbolt featuring the highest technical parameters, and the revolutionary R-HLX Self-tapping concrete screwbolt. Our offer of chemical anchors was also expanded with the resin based, R-KEM II universal anchor for fifteen different surfaces which has a European Approval, as well as the quick and easy to use CFS foil tube bonded anchor. The advantage of the foil tube is a significant reduction in waste.

ETA - zamocowania chemiczne

ETA for Resin Bonded anchors

In 2013 we received the ETA European technical approvals for the following chemical fixings:

ETA-13/0585 TR23 resin bonded anchors for Ø8 - Ø32 mm diameter post-installed reinforcement bars (R-KEX-II)

ETA-13/0454 Option 7 resin bonded anchors with internally threaded sockets in diameter M6-M16 and Ø8 - Ø32 diameter reinforcement bars installed as anchors in non-cracked concrete (R-KEX-II)

ETA-13/0455 Option 1 resin bonded anchors with threaded bars of diameter M8 to M30 for fixings in non-cracked concrete and M8-M24 for fixing in cracked or non-cracked concrete (R-KEX-II)

Volkswagen, AUDI, BMW

The Łańcut factory

specializes in the production of fixings and special order products for the automotive industry. The newly implemented ISO/TS 16949:2009 Technical Specification engages the Group to manufacture, improve and coat its products according to the standard. As a result of cooperation with our German business partners, Łańcut delivers products to renowned companies, such as Volkswagen, AUDI, BMW, Porsche, Opel, Ford and VOLVO.

RAWLPLUG GROUP BRANDS PORTFOLIO

RAWLPLUG, KOELNER, GLOBUS, MODECO

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RAWLPLUG WORLDWIDE

RAWLPLUG PRODUCTS PLAY AN IMPORTANT PART IN OF SOME OF THE WORLD'S MOST DISTINGUISHED INVESTMENTS.

HISTORY

HIGHLIGHTS IN THE HISTORY OF THE RAWLPLUG BRAND.

1887 - 1897: Rawlings brothers start a company providing plumbing services

1910: John Rawlings invents the world's first rawlplug

1911: First rawlplug is patented

1912: Rawlplug ® trademark is registered

1919: Rawlings Brothers change the company name to The Rawlplug Company Ltd.

1930: World's first mechanical anchors - RAWLBOLT® is invented

1969: The production of rawlplugs with dowels made of plastic is launched in Glasgow

1982: Tworzywa Sztuczne - Krystyna Koelner opens for business

1986: Production of rawlplugs begins

1993: First quick assembly plug in Central Europe

1998: Rawlplug® is the first UK company to receive a certificate of ETA  

1998: Using innovative methods of metal parts encapsulation

2000: Purchase of METALZBYT Company

2001: Purchase of MODECO Company

2005: Purchase of RAWLPLUG®

2004: Debut on the Warsaw Stock Exchange. Purchase of Wapienica Company

2006: Purchase of the major stake in ŚRUBEX S.A.

2008: Purchase of STAHL Company

2012: Creating the Shared Services Centre of Koelner SA Group and Koelner Rawlplug IP

2013: The transfer of commercial activities from KSA to a newly created company KPL

1887 - 1897

Rawlings brothers start a company providing plumbing services

1910

John Rawlings invents the world's first rawlplug

1911

First rawlplug is patented

1912

Rawlplug ® trademark is registered

1919

Rawlings Brothers change the company name to The Rawlplug Company Ltd.

1930

World's first mechanical anchors - RAWLBOLT® is invented

1969

The production of rawlplugs with dowels made of plastic is launched in Glasgow

1982

Tworzywa Sztuczne - Krystyna Koelner opens for business

1986

Production of rawlplugs begins

1993

First quick assembly plug in Central Europe


1998

Rawlplug® is the first UK company to receive a certificate of ETA

 

1998

Using innovative methods of metal parts encapsulation


2000

Purchase of METALZBYT Company


2001

Purchase of MODECO Company


2005

Purchase of RAWLPLUG®


2004

Debut on the Warsaw Stock Exchange. Purchase of Wapienica Company


2006

Purchase of the major stake in ŚRUBEX S.A.


2008

Purchase of STAHL Company


2012

Creating the Shared Services Centre of Koelner SA Group and Koelner Rawlplug IP


2013

The transfer of commercial activities from KSA to a newly created company KPL