Announcement.

WORK SERVICE SA (62/2017) Closing of a sales transaction of subsidiary - IT Kontrakt sp. O.o. by Work Service S.A.

With reference to current reports nos. 42/2017 dated 25 April 2017 and 51/2017 dated 8 June 2017, the Management Board of Work Service S.A. ("Company") 31 December 2017 between the Company and SO SPV 118 sp. O.o. with its registered office in Warsaw, an SPV controlled by Oaktree Capital Management (UK) LLP acting jointly with Cornerstone Partners sp. o.o. ("Purchaser"), on the 30th June, 2017 the Agreement was fulfilled and the transaction of 9,495 shares in IT Kontrakt sp. O.o. with its registered office in Wroclaw ("ITK") ("Shares"), representing 94.95% of ITK's share capital. The price paid by the Purchaser was of PLN 146,858,174.59. In the day of closing the transaction, the Shares was transferred. The operation and early Shares will be used for the company with a nominal value of PLN 80 million. The legal grounds: Legal grounds: Article 17 item 1 of the MAR (Regulation of the European Parliament and of the Council of the European Parliament and the Council (EU) No 596/2014 of 16 April 2014 on the market abuse and repulse directive 2003/6 / EC of the European Parliament and Commission Directives 2003/124 / EC , 2003/125 / EC and 2004/72 / EC. Signatures: Maciej Witucki - President of the Management Board Piotr Gajek - Vice-President of the Management Board

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

ALL COMPANY ANNOUNCMENTS
Company information
Company name:Work Service SA
ISIN:PLWRKSR00019
NIP:897-16-55-469
Adress: ul. Ruska 51 50-079 Wrocław
Phone:+48 71 3710900
website:www.workservice.pl

Copyright © 2017 PolandStockExchange
This website uses cookies (Regulations / Cookie Policy).