The Management Board of Aforti Holding S.A. with its registered office in Warsaw („the Company”, „Issuer”) with reference to the current report ESPI 32/2020 of 17 June 2020 concerning the conclusion of a letter of intent to acquire a Cypriot entity in the process of obtaining a license of E-Money Institution („EMI”) and in reference to the current report ESPI 47/2020 dated August 18, 2020 concerning the establishment of a wholly-owned subsidiary under the name of Aforti PLC based in the United Kingdom, which will be involved in the development of business on the basis of the EMI license – the Company informs that today the Issuer has abandoned the implementation of the provisions of the above mentioned letter of intent and ceased to be its direct party.
However, the Issuer informs that with the consent of the main shareholder of the Cypriot entity, its subsidiary Aforti PLC has become the party to the intent letter, with similar terms to the original ones.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information