Financial Supervision Authority Regulatory Filing 19/2017

Rzeszów, August 22, 2017

Sale of a 4% stake in Formula Systems (1985) Ltd

In connection with the Regulatory Filing 18/2017 dated August 3, 2017, the Management Board of Asseco Poland S.A. (the "Company") announces closing of negotiations and conclusion of a transaction to sell 589 151 shares in its subsidiary Formula Systems (1985) Ltd seated in Tel Aviv ("Formula Systems"), and representing 4% of the company's share capital and total voting rights at Formula System's General Meeting of Shareholders on August 22, 2017. Following the transaction the Company will control 26.33% of Formula System's share capital.

The sale agreement was concluded in Israel, outside of the regulated market, with an entity controlled

by Formula System's Chief Executive Officer.

The transaction will be cleared within a single (1) working day from the date of its conclusion. The transaction price was set at NIS (New Israeli Shekel) 124.14 per share.

The transactions' total value reached NIS 73 137 205.14. The Price will be paid as follows:

  1. 50% of the transaction's value, or 36 568 602.57 NIS, will be paid and settled within a single working day from the date of concluding the transaction,

  2. the remaining 50% of the transaction's value and accrued interest will be paid within 5 years from the date of concluding the transaction.

The receivable is secured by depositing the unpaid shares with a Trustee.

Legal basis:

Art. 17 of the Regulation No. 596/2014 of the European Parliament and of the EU Council of April 16, 2014 on market abuse (the 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).

Asseco Poland S.A. z siedzibą w Rzeszowie, ul. Olchowa 14, 35-322 Rzeszów, tel.: +48 17 888 55 55, fax: +48 17 888 55 50

www.asseco.pl, e-mail: info@asseco.pl, NIP: 522-000-37-82, REGON: 010334578, Sąd Rejonowy w Rzeszowie, XII Wydział Gospodarczy Krajowego Rejestru

Sądowego, KRS: 0000033391. Kapitał zakładowy w wysokości 83.000.303,00 PLN jest opłacony w całości. Nr Rej. GIOŚ: E0001990WZBW

Asseco Poland SA published this content on 22 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 August 2017 12:12:08 UTC.

Original documenthttps://inwestor.asseco.com/files/investor/reports/currents/2017/English/19_2017_zbycie_4_proc_akcji_Formula_Systems__1985__Ltd_EN.pdf

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