Announcement.

ZAMET INDUSTRY SA (25/2017) Information about significant decisions regarding the development of the Company and Capital Group of Zamet Industry Spółka Akcyjna.

The Management Board of Zamet Industry Spółka Akcyjna with its registered office in Piotrków Trybunalski ("Issuer", "Company") announces that today it passed a resolution to submit to the Supervisory Board directional actions for the development of Zamet Group, assuming the separation of production plants from the Company Chojnice and Piotrków Trybunalski, constituting organized parts of the enterprise, and their contribution to newly established companies, over which the Issuer would control, as a result of which a holding structure would arise in which the Issuer would be the parent company. In the event of a positive opinion of the Supervisory Board, the action will be proposed to the Company's Shareholders. In such a defined business model, all production assets would be concentrated in newly established companies conducting manufacturing activity for which the parent company would provide joint services. The intention of the Management Board as well as the goal of the activities recommended by the Management Board is: - Building the brand value of "Mostostal Chojnice" and the brand "Zamet Industry" through commercial expansion and promotion of these brands in dedicated areas and selected markets, according to the business profile of the plants in Chojnice and Piotrków Trybunalski. Currently, the "Mostostal Chojnice" plant operates as part of Zamet Industry Joint Stock Company, so the possibilities of promoting this brand are not fully used, as the "Mostostal Chojnice" brand as an entrepreneur company does not appear in the economic turnover. The Management Board of the Company sees significant potential for growth in the value of the Chojnicki brand's brand on the following markets: bridge, road and infrastructure steel structures. At the same time, the Management Board explains that the Zamet Industry brand is a brand associated on the international market mainly through the prism of the competence of the Piotrkow plant, which mainly specializes in providing construction for the Oil & Gas market, as well as lifting and handling equipment. In connection with the above, the Issuer's Management Board is also considering proposing a change of the parent company's name from Zamet Industry Joint Stock Company to Zamet Joint Stock Company, so as to emphasize the affiliation of "Mostostal Chojnice" and "Zamet Industry" to specific production competences and specializations of the above production plants. / br> - Transparent shapethe organization model of the capital group, tailored to the changing market environment and economic needs. The organizational structure model recommended by the Management Board would order the organization of a capital group in which production plants in Chojnice and Piotrków Trybunalski would appear in the business sector as independent entities that are part of the Zamet Group. As a result of carrying out the actions in question, the Issuer would become the holding company of a holding company, the pillars of which would be three companies: Mostostal Chojnice (newly-formed company), Zamet Industry (newly-formed company) and Zamet Budowa Maszyn S.A. (existing company). - Limiting the operational risk of operations. The planned concept would not only reduce the risk associated with concentrating in one company of production plants whose offer is directed to precisely defined areas of the steel structure market, according to specialization, but would also have a beneficial effect on the ability to shape trade terms, insurance contracts and other, according to expectations and characteristics of the market area on which they operate. Risks related to the production or service activities of the plant in Chojnice or Piotrków Trybunalski would still invariably apply to the parent company, but would not burden the production plants with one another. The Issuer's Management Board explains that the manner of carrying out the above activities, and also the details of the Management Board's recommendation, including specifying the legal form of the companies to which production plants should be brought in Piotrków Trybunalski and Chojnice, will be determined after carrying out analytical work, taking into account legal opinions and tax, ensuring that the above-described activities are carried out in an optimal manner from the point of view of the costs of carrying them out, while eliminating the tax and legal risks of the described project. The Management Board will recommend that the submitted concept should come into force at the beginning of 2018. The implementation of the above activities depends on the decisions of the Company's Shareholders, as the separation of an organized part of enterprises and bringing them to newly created companies requires the consent of the General Meeting, pursuant to Art. 393 item 3). from Art. 415 § 1 of the Code of Commercial Companies. Legal basis: Article 17 paragraph 1 of the 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 Commission Directive 2003/124 / EC, 2003/125 / EC and 2004/72 / EC (Text with EEA relevance).

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Company information
Company name:Zamet Industry SA
ISIN:PLZAMET00010
NIP:7712790864
Adress: ul. Dmowskiego 38 B 97-300 Piotrków Trybunalski
Phone:+48 44 6489181
website:www.zamet-industry.com.pl

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