FORBUILD SA (4/2017) Update of information on granting security by the Court

Legal attitude: Art. 17 para. 1 MAR - confidential information. The Management Board of FORBUILD Spółka Akcyjna with its registered office in Końskie (hereinafter: the Company) informs that on July 21, 2017 it received the decision of the Court of Appeal in Krakow of 4 July 2017, pursuant to which the Court expanded the scope of the decision of May 17, 2016 secured the claim of Mr. Heinz Jammers - a Member of the Supervisory Board, in connection with the action brought by him to order the Company to act, ie to allow permanent individual supervision over the Company's operations and to provide access to documents necessary to perform permanent individual supervision over the activities of the Company. The provision of a security consists in the Company submitting to the court deposit additional documents in the form certified for compliance with the original copies of the transfer pricing documentation of the Company, within the meaning of art. 9a of the Act of 15 February 1992 on Corporate Income Tax for 2014 and 2015, and photocopies or printouts of the Company's bank account history for the period from January 2014 to November 2016 conducted for the Company, documenting cash flows between the Company and members of the Supervisory Board, Stanisław Pargieła, Artur Mączyński, Andrzej Pargieła, and Lech Pasturczak, and documenting cash flows between the Company and the related entities in relation to the Company. The Company announced the provision of collateral in Current Report No. 10/2016 of June 2, 2016.

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

Company information
Company name:Forbuild SA
Adress: ul. Górna 2a 26-200 Końskie
Phone:+48 41 3751347

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