LSI SOFTWARE SA (11/2017) Conclusion of a significant contract

The Management Board of LSI Software S.A. with its registered office in Łódź (Issuer) informs that on 17 August 2017, the Agreement was concluded between the Issuer and Euroscoop Rotterdam OpCo B.V. The subject matter of the contract is the delivery and implementation of the POSitive® Cinema system in the Belgian-Dutch cinema network Euroscoop. The estimated value of the contract is 588,000. EUR, which after conversion according to the exchange rate of the National Bank of Poland from August 16, 2017, gives a value of over PLN 2.5 million. The estimated value of the object of the Agreement, taking into account future orders submitted by the Employer together with the potential delivery of equipment is EUR 1.2 million, ie nearly PLN 5.0 million. The contract does not provide for contractual penalties, and the other terms of the contract do not differ significantly from market standards characteristic of this type of contracts. In the opinion of the Issuer's Management Board, concluded today, the agreement should be considered as a material agreement in the Issuer's activity. Legal basis: Art. 17 sec. 1 MAR (Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Regulation on market abuse) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and of the Commission directive 2003/124 / EC, 2003/125 / EC and 2004/72 / EC (Official Journal of the European Union of 12 June 2014, No L 173/1).

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

Company information
Company name:LSI Software SA
Adress: ul. Przybyszewskiego 176/178 92-318 Łódź
Phone:+48 42 6808000

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