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WYNIKI FINANSOWE GRUPY AGORA W 3. KWARTALE 2023 R.

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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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    February 20, 2018 / 18:14

    7/2018 Annex to preliminary agreement of sale of properties in Gdańsk

    Regulatory Filing

    In relation to regulatory filing 2/2018 of January 22nd, 2018, the Management Board of Agora S.A. with its registered seat in Warsaw (“Agora”, “Company”) hereby informs that on February 20th, 2018 the Company signed an annex to preliminary sale agreement of the usufruct right of two land properties of 347 square meters, total, in 19/20 Wełniarska Street and 7/8 Tkacka Street in Gdańsk, including the ownership of the building set on the land properties of net 1,508 square meters (“Property”).

     By virtue of the signed annex, the deadline for conclusion of the final Sales Agreement was changed. Originally, the signing of the Agreement was scheduled until February 20th, 2018. The new deadline for concluding the new contract was scheduled until February 27th, 2018.

     The decision to sell the Property stems from the fact that the Company does not utilize effectively the entire Property for its operations. The Company believes that the optimal solution shall be to lease office space adapted to the current scale of operations of the Company in Gdańsk. The total sale price of the Property shall amount to PLN 8.65 million net, and its impact on the operating result of the Agora Group for 1Q2018 shall amount to ca PLN 5.6 million. 

     The value of the Property is not significant from the Company's perspective, however, due to its one-off and non-operational character and its positive impact on the operating results of the Agora Group for 1Q2018, information about the transaction should be made public in a current report.

     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 2004/82/EC (Official Journal of the European Union L. 2014 No. 173, p. 1).

     

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