The Management Board of Asseco Poland S.A. (the "Company") informs that on March 10, 2017 it has successfully completed sale of 51 shares in R-Style Softlab Joint Stock Company, seated in Moscow, with a registered number 1027700301991 ("R-Style"), representing 51% of the share capital and 51% of total voting rights at the General Meeting of Shareholders of R-Style. The agreement was concluded with three individuals.

The transaction value is PLN 71,000,007.00 and the payment will be made within 60 months from the date of the conclusion of the transaction. Under the agreement, the parties included agreements on put and call options, and the sale price was secured by a pledge on the shares of each buyer. The maximum period to exercise the put option is 5 years from the date of the conclusion of the sale agreement, and the period to excercise the call option starts two years after the date of the sale and lasts for 5 years from the date of the conclusion of the sale agreement.

Legal basis:

Art. 17 of Regulation No. 596/2014 of the European Parliament and of the EU Council of April 16, 2014 on market abuse (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 MAR, in conjunction with art. 56 sect. 5 of the Act on public offering, conditions governing the introduction of financial instruments to organised trading, and on public companies (Journal of Laws of 2013, item 1382, as amended)

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Asseco Poland SA published this content on 10 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 March 2017 09:06:07 UTC.

Original documenthttps://inwestor.asseco.com/en/reports/regulatory-filings/

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