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WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

AGORA, HOME PAGE, NAJNOWSZA AKTUALNOść (TOOLBAR)

WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

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    Company data

    AGORA S.A.
    Czerska 8/10 Street
    00-732 Warszawa

    AGO 0,36%
    mWIG40 0,5%
    WIG-MEDIA 0,13%

    Regon: 11559486
    Numer KRS: 59944
    NIP: 526-030-56-44

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    December 20, 2017 / 18:33

    34/2017 Commencement of negotiations by a subsidiary company

    Regulatory filing

    The Management Board of Agora S.A. with its registered seat in Warsaw (“Company”, “Agora”) hereby informs that on December 20th, 2017, Helios S.A., a subsidiary company of Agora, signed a term sheet with two natural persons (“Partners”) in order to establish a company involved in developing and operating a network of eateries, inter alia, in the "fast casual" segment.

    The condition for concluding the investment agreement is to establish rules for cooperation and conduct of the newly established company, and to obtain the consent of the Office of Competition and Consumer Protection.

    The planned investment of Helios S.A. in the newly created company shall amount to ca. PLN 10.0 million, including PLN 5.0 million after signing of the investment agreement. Helios S.A.’s share in the share capital of the newly created company shall amount to 90%. Each of the natural persons shall initially take 5% shares in the share capital of the newly established company, with the possibility of increasing the involvement up to 15% (up to 30%, in total) of share capital.

    The value of the investment is not a significant amount as far as Agora and its subsidiary company Helios S.A. are concerned. Nevertheless, it may mean that a company from the Agora Group shall start operating in a new segment of the market.

    The Company hereby forms that the term sheet does not constitute a binding obligation of the parties. Agora shall inform about further steps undertaken in the process in forthcoming regulatory filings.

    Legal basis: Article 17, paragraph 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 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 directive 2003/124/EC, 2003/125/EC and 2004/72/EC.

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