XSYSTEM S.A. in bankruptcy (hereinafter: the Issuer), hereby publishes that on June 4, 2018, it was informed that the Management Board of the Warsaw Stock Exchange SA had taken up. Resolution No. 563/2018 of June 4, 2018 regarding the suspension of trading in Issuer's shares on the NewConnect market, marked with the code "PLXSTEM00017" in connection with the Issuer's failure to submit the annual report for 2017 under the terms and on the terms applicable in the alternative trading system. This resolution shall enter into force on June 5, 2018.
The suspension of trading in the Issuer's shares shall end until the end of the second trading day following the day on which the Issuer publishes the annual report for 2017, in the manner and on the terms applicable in the alternative trading system.
If the reasons for the resumption of trading in the Issuer's shares are met and provided that the Exchange Management Board does not find any other infringements by the Issuer's compliance with the provisions of the alternative trading system or the disclosure obligations justifying further suspension of trading in shares The Issuer, information about the day of resumption of trading in shares will be made public by the Exchange via a message published on the Exchange's market website no later than on the day preceding the day of resuming trading.
Legal basis: § 3 para. 1 point 13) Annex No. 3 to the Regulations of the Alternative Trading System "Current and periodic information disclosed in the alternative trading system on the NewConnect market".
Source: company website, investor relations, current and periodic reports.