Conclusion of a Share Transfer Agreement Regarding the Shares in Rotopino.pl S.A.
Date |
2020-12-29 |
Current report no. |
42/2020 |
| Management Board of TIM S.A. with its registered office in Wrocław, notifies that on 29 December 2020, in execution of the conditional (binding) agreement for the sale of shares in Rotopino.pl S.A. with its registered office in Bydgoszcz, a contract for the transfer of ownership of 10,000,000 (in words: ten million) bearer shares of Rotopino.pl S.A. with the nominal value of PLN 0.10 (in words: ten groszy) each share, with the total nominal value of PLN 1,000,000.00 (in words: one million zlotys), which constitute 100% of the share capital of Rotopino.pl, for the price of 35,000,000.00 PLN (in words: thirty five million zlotys) was concluded between TIM S.A. with its registered office in Wrocław (Seller) and Oponeo.pl S.A. with its registered office in Bydgoszcz (Buyer).
The information on the conclusion of the conditional (binding) agreement for the sale of shares of Rotopino.pl S.A. was notified to the public by the Management Board of TIM S.A. on 27 November 2020 in Current Report No. 37/2020. The information on having met the condition, referred to in the conditional (binding) agreement for the sale of shares of Rotopino.pl S.A. was notified to the public by the Management Board of TIM S.A. on 24 November 2020 in Current Report No. 41/2020. As a result of the performed analysis, the Management Board of TIM S.A. has decided that it is justified to classify the information indicated above as confidential information within the meaning of Art. 7 MAR due to potential influence of the above facts on financial results of TIM Capital Group. |
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
| 2020-12-29, Krzysztof Folta – President of the Board 2020-12-29, Piotr Tokarczuk – Member of the Board |