AGORA SA (2/2018) Preliminary sale agreement for real estate in Gdańsk

The Management Board of Agora SA with its registered office in Warsaw ("Agora", "Company") informs that on January 22, 2018, the Company signed a conditional agreement for the sale of perpetual usufruct right to two land properties with a total area of ​​approximately 347 m2 located at ul. Wełniarska 19/20 and ul. Tkacka 7/8 in Gdańsk, together with the ownership right of the administration and residential building based on them with a net area of ​​about 1508 m2 (hereinafter collectively as "Real Estate"). The conclusion of the final sale agreement has been planned until February 20, 2018. < / The decision to sell the Real Property results from the fact that the Company does not effectively use the entire Real Property Area for operational activities. In the Company's opinion, the optimal solution will be the lease of office space adapted to the current scale of the Company's operations in Gdańsk. The total sale price of the Real Property will amount to PLN 8.65 million net, and the positive impact of this transaction on the Agora Group's operating result in the first quarter of 2018 will amount to approximately PLN 5.6 million. Value of the Real Estate being the subject of the agreement it is not significant from the Company's point of view, however, the Management Board decided that due to the one-off and non-operational nature of the transaction and its positive impact on the operating results of the Agora Group in the first quarter of 2018, information about it should be made public in the form of a current report . Legal basis: Article 17 para. 1 of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse and repealing Directive 2003/6 / EC of the European Parliament and of the Council and the Commission Directive 2003/124 / EC, 2003/125 / EC and 2004/82 / WE (Official Journal of the European Union L. 2014 No. 173, p. 1).

Source: company website, investor relations, current and periodic reports.

Company information
Company name:Agora SA
Adress: ul. Czerska 8/10 00-732 Warszawa
Phone:+48 22 5556000

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