Current Report 28/2022

Acquisition of shares in a subsidiary by the Issuer 

Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.

The Management Board of INPRO Spółka Akcyjna with its registered office in Gdańsk (hereinafter: the “Issuer”) informs that on 7 September 2022 the Issuer entered into the agreement for the purchase of 81 (eighty one) shares accounting for 23.08 % of the share capital in a subsidiary, Przedsiębiorstwo Instalacyjne “ISA” Sp. z o.o. with its registered office in Gdańsk (court registration KRS 0000064299) (hereinafter: the “Company”) for PLN 615,000. The purchase of the shares will be financed with the Issuer’s own funds. The nominal value of each acquired share is PLN 200.00.  The terms and conditions of the agreement do not deviate from market standards in similar agreements.

The Issuer acquired the shares from the other shareholder in the Company. Previously the Issuer had 270 shares in the Company, which was 76.92 % of its share capital.  As a result of the share purchase agreement executed by the Issuer, he now holds 351 (in words: three hundred and fifty one) shares in the Company, which number constitutes 100 % of its share capital and carries the same number of votes in the general meeting. 

Detailed legal grounds: Article 17(1) of Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (the market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (also referred to as the MAR).