The Management Board of Ailleron SA with its registered office in Kraków (the "Company") announces that today the Company has signed an agreement with Santander Consumer Bank S.A. ("Bank", "SCB") belonging to the international financial group Santander.
The subject of the contract is the design and implementation in SCB of the digital banking system. The deadline for implementing the first stage of the contract is scheduled for the fourth quarter of 2018. The contract value does not exceed 10% of the Company's equity, in accordance with the last published consolidated financial statements of Ailleron SA for the first quarter of 2018. The terms of the contract do not differ from the terms commonly used for this type of contracts.
Santander Consumer Bank has been operating in Poland since 2006. Is a leader in the consumer finance market and has been winning numerous awards and distinctions for many years, including the title of "Best Bank 2018" in the Small and Medium Banks category or "2018 Banking Stars" in the Special Banks category.
In the opinion of the Company's Management Board, this information constitutes confidential information within the meaning of art. 7 of the MAR Regulation, concerning the Company, which, if made public, could affect the price of its financial instruments.
Legal basis: Article 17 paragraph 1 of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 (MAR Regulation).
Source: company website, investor relations, current and periodic reports.