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SNK Sanok Rubber SA News Story

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Brief: Sanok Rubber Company Signs Eur 9 Mln Hedging Deal With Mbank

Aug 12 (Reuters) - Sanok Rubber Company SA  SNK.WA :
    * SIGNS WITH MBANK DEAL HEDGING EUR/PLN EXCHANGE RATE FOR
2020
    * SAYS TOTAL NOMINAL VALUE OF HEDGING TRANSACTIONS IS EUR 9
MILLION
    * SAYS SAID SUM IS PART OF FORECASTED CURRENCY EXPOSURE FOR
2020
    * UNDER DEAL BUYS PUT OPTION AND ISSUES CALL OPTION

Source text for Eikon:  ID:nEM98JM0La 
Further company coverage:  SNK.WA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48587720920;))

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