Company: GIFLF
Filing Date: 2025-02-26
Form Type: 6-K
Source: 0001104659-25-017501
Chunk: 41

Company: Grifols SA
Filing Date: 2025-02-26
Form: 6-K
Chunk 41
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 will need to become a guarantor and grant security over its assets as collateral for the Loan            
 Agreement.                                                                                                                   
 In the event of a default under the Loan Agreement, the Selling Companies can, respectively and simultaneously,              
 exercise the repurchase option for both companies within 90 days after receiving notification of the default. If the         
 Selling Companies fail to exercise this option within that timeframe, they will lose their right to repurchase the shares of 
 Haema and BPC. As of 31 December 2024, no defaults have been reported under the Loan Agreement.                              
 In relation to the sale of the shares of BPC Plasma, Inc. and Haema, GmbH, a loan was signed by Scranton Enterprises         
 BV. with the Group on 28 December 2018 for an initial amount of US Dollars 95,000 thousand (Euros 86,969                     
 thousand). The remuneration is 2%+ EURIBOR and matures on 26 July 2027. In 2023 an additional amount of Euros                
 15 million was arranged under the same conditions as the initial loan. As of 31 December 2024, the recorded amount           
 stands at Euros 131,864 thousand, including accrued and capitalized interest to date (Euros 115,209 thousand as of 31        
 December 2023) (see note 11) .                                                                                               
 Purchase option from Plasmavita Healthcare GmbH                                                                              
 On November 22, 2017, the company Plasmavita Healthcare GmbH was incorporated in Germany. Currently, the                     
 Group is a shareholder of 50% of the shares and two individual partners, shareholders of the remaining 50% of the            
 Company's shares. Through a management services agreement, one of them (the "Managing Partner") provides certain             
 management services to the Company. The Company's incorporation agreement establishes a purchase option in favor             
 of the Group that grants the irrevocable right (not the obligation) to the Group to acquire the remaining 50% stake in the   
 Company from the two individual partners within a period of 6 months from the moment the Managing Partner ceases             
 to provide the Company's management services. The fair value of the purchase option is not material.                         
 National Service Projects Organization (Egipto)                                                                              
 On July 29, 2021, Grifols signed an agreement with the Egyptian company National Service Projects Organization               
 (“NSPO”) through which Grifols and NSPO has incorporated a new entity in Egypt for