The Management Board of Agora SA with its registered office in Warsaw ("Agora"), in reference to market announcements: 34/2017 of 20 December 2017 and 5/2018 of 15 February 2018, informs that Helios SA, a subsidiary of Agora ("Helios "), on 6 March 2018 concluded an investment agreement (" Investment Agreement ") with two individual investors - Piotr Grajewski and Piotr Komór (" Individual Investors "). The subject of the Investment Agreement is the establishment of a new company (the "Company") and cooperation between the parties within its framework. The company's goal will be to develop the concept, create, run and develop (mainly through the construction of own brands) networks of approximately 45 catering outlets, which will be located in Poland, in shopping centers or as independent premises. br> At the establishment of the Company, Helios will take up 90% of shares in the Company (corresponding to 90% of the total number of votes at the shareholders' meeting) and will invest PLN 5 million in it. Helios predicts that its total investment in the Company will not exceed PLN 10 million. Individual investors will take a total of 10% of shares in the Company (5% each). The Investment Agreement provides for the possibility of increasing the share of Individual Investors up to 30% in total, provided that the Company meets the agreed financial objectives. br> Individual investors are experts in the catering industry. They will perform functions on the management board of the Company and be responsible for conducting its operational activities. Helios will cooperate with the Company and support its development. Br> The Investment Agreement defines, inter alia, corporate governance rules and principles for the exit from the Company by Helios or Individual Investors. Br> The value of investments in the Company is not significant from Agora's perspective and helios. The implementation of the investment in accordance with the Investment Agreement will mean that Helios, an entity from the Agora capital group, will start operations in the new market segment. br> Legal basis: Article 17 para. 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 / WE, 2003/125 / EC and 2004/72 / EC. Br>
Source: company website, investor relations, current and periodic reports.