WSE Completion of negotiations with the Company’s key shareholders regarding business conditions of sale of shares of the Company to the international strategic investor.

Management Board of Work Service S.A. (hereinafter referred to as the "Issuer" or "Company") - with reference to current report No. 1/2020 on the beginning of advanced negotiations with i.a. the Issuer's shareholders regarding the terms of the potential sale of their shares of the Company - informs that today it has received information about reaching a preliminary business agreement between the Company's key shareholders ("Shareholders") holding a total of 36.658.780 shares of the Company representing 55.89% of the total number of votes ("Shares") and an international strategic investor ("Investor") regarding the possible sale of Shares to the Investor at a price of PLN 0.30 (thirty groszy) per share. The Shareholders and Investor will conduct further negotiations regarding the settlement of the final transaction documentation regarding the sale of the Shares on the agreed terms ("Further Negotiations").
The Management Board also informs that a potential transaction with the Company's shareholders under the conditions described above may occur in connection with the investment considered by the Investor, and the completion of Further Negotiations is one of several conditions for the transaction with the Investor. The Company will provide information on meeting further conditions in separate current reports. As a result of the analysis, the Issuer has determined that it is justified to classify the above information as confidential information within the meaning of art. 17 sec. 1 MAR, subject to publication in the form of this report.