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GIGROUP: strona spółki
25.02.2020, 18:48

WSE Fulfillment of the condition precedent under the Investment Agreement

Management Board of Work Service S.A. ("Issuer" or "Company"), with reference to current report No. 12/2020 and current report No. 4/2020, informs that it received information about the conclusion by Gi INTERNATIONAL SRL, which is wholly owned by Gi Group SpA ("Investor") with the Company's key shareholders ("Shareholders") of agreements granting the Investor the right to purchase from Shareholders at least 55.89% of the Company's shares, holding a total of 36.658.780 shares of the Company (“Shares”) for the purchase price of PLN 0.21 (twenty-one groszy) for each Share. In connection with the above, the 5 (fifth) Condition Precedent indicated in current report No. 12/2020 has been fulfilled.
As a result of the analysis carried out, the Issuer decided that it is justified to classify the information indicated above as confidential information within the meaning of Article 17 section 1 of the MAR, to be published in the form of this report. Legal basis: Article 17(1) MAR _EU_Regulations 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 Directives 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

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