GIGROUP: strona spółki
30.01.2020, 12:23
WSE Delayed public disclosure of the inside information relating to a declaration made by the international sector investor of the Company's support and consideration of potential transactions regarding the Issuer
Pursuant to Art. 17 par. 1 and 4 of the Regulation of the European Parliament and of the Council (EU) no. 596/2014 dated 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (the “MAR”), the Management Board of Work Service S.A. (the “Company”), discloses the following inside information whose public disclosure was delayed by the Company on 17 December 2019 pursuant to Art. 17 par. 4 of the MAR:
On December 13, 2019, an international sector investor ("Investor"), being one of several entities with whom the Company is in contact in connection with the process of reviewing strategic options (about which the Issuer informed in current reports No. 66/2019 and No. 31/2019), prepared a letter addressed to the Management Board of the Company, in which he confirmed that he is interested in the potential acquisition of assets or shares of the Company and/or its subsidiaries ("Potential Transaction"), under which, among others, securing places work and interests of the Company’s creditors would take place. The Investor also indicated that in the event of a Potential Transaction being settled, settlement of overdue tax and social security obligations would be a priority. In addition, the Investor announced that he was considering potential bridge and preliminary transactions, which could take place before the Potential Transaction is completed. The Investor's letter was submitted on December 16, 2019 in the Social Insurance Institution in connection with the activities carried out by the Company in relation to talks regarding maintaining the installment agreements terminated by ZUS. As part of further analyzes, the Issuer concluded that instead of possibly annexing the agreements it would be more reasonable to conclude new installment arrangements. 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. Legal basis: Article 17 par. 1 and 4 of the MAR (Regulation of the European Parliament and of the Council UE NO 596/2014 of 16 April 2014 on market abuse (Regulation on market abuse) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003/124 / EC , 2003/125 / EC and 2004/72 / EC). Signatures: Iwona Szmitkowska – President of the Management Board Jarosław Dymitruk – Vice-President of the Management Board
On December 13, 2019, an international sector investor ("Investor"), being one of several entities with whom the Company is in contact in connection with the process of reviewing strategic options (about which the Issuer informed in current reports No. 66/2019 and No. 31/2019), prepared a letter addressed to the Management Board of the Company, in which he confirmed that he is interested in the potential acquisition of assets or shares of the Company and/or its subsidiaries ("Potential Transaction"), under which, among others, securing places work and interests of the Company’s creditors would take place. The Investor also indicated that in the event of a Potential Transaction being settled, settlement of overdue tax and social security obligations would be a priority. In addition, the Investor announced that he was considering potential bridge and preliminary transactions, which could take place before the Potential Transaction is completed. The Investor's letter was submitted on December 16, 2019 in the Social Insurance Institution in connection with the activities carried out by the Company in relation to talks regarding maintaining the installment agreements terminated by ZUS. As part of further analyzes, the Issuer concluded that instead of possibly annexing the agreements it would be more reasonable to conclude new installment arrangements. 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. Legal basis: Article 17 par. 1 and 4 of the MAR (Regulation of the European Parliament and of the Council UE NO 596/2014 of 16 April 2014 on market abuse (Regulation on market abuse) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003/124 / EC , 2003/125 / EC and 2004/72 / EC). Signatures: Iwona Szmitkowska – President of the Management Board Jarosław Dymitruk – Vice-President of the Management Board