The Management Board of LPP SA (Issuer) informs that on August 24, 2017, an agreement on franchise cooperation was concluded between the Issuer and H & O Fashion Chains Ltd with its registered office in Israel. br> Under the agreement, in 2018 the first three showrooms of the RESERVED brand in Israel will be opened. br> Conclusion of the above The agreement is the implementation of the strategy of the LPP Capital Group in the scope of expansion into new markets. br>
Source: company website, investor relations, current and periodic reports.