Agora S.A. - Polish media company
CLOSE
Tool-1

Breaking news

WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

AGORA, HOME PAGE, NAJNOWSZA AKTUALNOść (TOOLBAR)

WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

więcej
Tool-2

Contact us

Phone: 22 555 60 00

Phone: 22 555 60 01

Work hours 9:00 - 17:00

press@agora.pl

Go to the contact

Tool-3
0

Info box

(
0
)

    send to email

    Notowania

    Quotations

    Spółka

    AGO

    Kurs akcji [PLN]

    11,38 zł

    Zmiana[PLN]

    -0,7%

    Stock quotes

    Download

    Tool-6
    Tool-7

    Company data

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

    AGO -0,7%
    mWIG40 -1,94%
    WIG-MEDIA 0,43%

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

    Go to the contact

    Tool-4

    March 4, 2021 / 18:34

    05/2021 Conclusion of a promised real estate sale agreement in Pila

    Regulatory filing

    In relation to regulatory filing 03/2021 of 29 January 2021, Management Board of Agora S.A. with its registered seat in Warsaw (“Company”, “Agora”) hereby informs that on the  March 4th, 2021, the Company concluded a promised agreement on sale of the perpetual usufruct rights to a developed real estate with a total area of 7.46 ha, including the ownership title to buildings constituting an object of ownership separate from the land, located in Pila at ul. Krzywa 35, for which the District Court in Pila, 6th Land Registry Department keeps a land and mortgage register with the number PO1I/00009141/0 ("Property").

    The decision to sell the Property results from the fact that after the restructuring of the printing activity and the phasing out of printing plant in Pila in the second half of 2019 (about which Agora informed in regulatory filings No. 5/2019 of 5 March 2019 and No. 7/2019 of 25 March 2019) the Company does not effectively use the area of the Property for operating activities.

    The estimated total value of the Property amounts to PLN 14.5 million net and its sale will not affect the operating result of the Agora Group in 2021, as the selling price of the Property is, as a general rule, in line with its book value. The transaction will be visible in the Group's cash flows and will result in a decrease in the value of the Group's fixed assets.

     

    The value of the Property being the subject of the agreement does not meet the established materiality criteria for this type of transactions, however, the Management Board decided that due to the one-off and non-operational nature of the transaction, information about it should be disclosed to the public in the form of a regulatory filing.

     

    Legal basis: Art. 17 sec. 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 directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

    Go back

    NEWSLETTER

    Every day something new happens to us.
    We will be happy to tell you about it.

    Choose :

    Providing an e-mail address means you agree to receive a newsletter containing information about Agora S.A. and companies from the Agora capital group in the selected area. The administrator of your personal data is Agora S.A with its registered seat in Warsaw (00-732), 8/10 Czerska street. Your personal data will be processed in order to deliver the ordered newsletter, as well as for statistical and analytical purposes of the administrator. The consent may be withdrawn at any time by contacting iod@agora.pl, however its withdrawal does not affect the legality of the processing carried out prior to the withdrawal. By withdrawing the consent to receive the newsletter, you resign from receiving all corporate newsletters regarding the activities of Agora SA and companies from the Agora capital group. For more information on the processing of personal data, in particular your rights, see the Agora.pl privacy policy and our transparency policy.