In accordance to the current report no 52/2014 of May 31st, 2014 and the previous reports concerning conclusion of a conditional agreement by Aforti Holding SA (“The Buyer”) on selling all 6.945.000 shares of Aforti Securities SA (before: Invista Dom Maklerski S.A.) subsidary owned by Invista SA (“The Issuer”), on suspensive condition of positive decision of The Komisja Nadzoru Finansowego (KNF) giving permition to buy the above-mentioned shares by The Buyer from The Issuer, and the current report no 14/2016 of June 1st, 2016 concerning KNF’s permit revocation to conduct brokerage activity by Aforti Securities S.A. (Aforti Securities), The Board of The Buyer hereby informs that on Decemer 28th, 2016 The Buyer and The Issuer terminated the above-mentioned conditional agreement and signed forthwith a new sales agreement whereby on Dec 28th, 2016 the ownership of 6.945.000 of Aforti Securities shares was transferred to The Buyer. The shares entitle to 90,01% of share capital and 90,01% of votes of the total number of Aforti Securities votes and the rest of 9,99% shares were already owned by The Buyer.
The Buyer would like to remind that the agreed price of 2,27 mln PLN was paid, what was announced, among others, in financial statement of first semester of 2014 (page 14) by Invista SA. In accordance to the ownership transfer of the above-mentioned shares to The Buyer starting Dec 28th, 2016, Aforti Securities is no longer a subsidiary of The Issuer. The Aforti Securities shares were assets designed to be sold and their total value given in the accounting books of the Issuer was 2,25 mln PLN.
Legal basis: Article 17 paragraph 1 MAR – confidential information.