CR ESPI 40/2020 – Notification of withdrawal from a signed letter of intent

The Management Board of Aforti Holding S.A. with its registered office in Warsaw, hereinafter referred to as “the Company”, “Issuer” informs that today, i.e. 8 July 2020, due to the expiry of the deadline specified in the letter of intent as the transaction completion date, which affected the change of assessment of the transaction by the Company, the Issuer decided not to continue cooperation with the company listed on the main market of the London Stock Exchange, in terms of achieving the target indicated in the letter of intent – described in ESPI current report no. 18/2020 of 14 April 2020.

At the same time, the Issuer informs that the listing of Aforti Exchange on one of the foreign stock exchanges remains a strategic objective and the subject of current activities of Aforti Capital Group. Currently, scenarios are being considered in order to achieve the above objective, among others, by listing the company on the “LSE” in London. Therefore, talks are being held in this matter with a broker operating on the British market, supporting the Issuer’s group in the implementation of this project.

The Issuer will inform about the next significant steps taken in this respect in subsequent current reports.

Legal basis: Article 17 paragraph 1 of the MAR – confidential information

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