Regulatory Filing 18/2017

Rzeszów, August 3 2017

Financial Supervision Authority Sale of a significant stake in Formula Systems (1985) Ltd

In connection with the Regulatory Filing 17/2017 dated August 2, 2017 ("Filing 17"), the Management Board of Asseco Poland S.A. (the "Company") announces closing of a part of the negotiations process and conclusion of transactions to sell 2 356 605 shares in its subsidiary Formula Systems (1985) Ltd, seated in Tel Aviv ("Formula Systems"), and representing 16% of the company's share capital and total voting rights at Formula System's General Meeting of Shareholders on August 3, 2017. Following the transaction the Company will control 30.33% of Formula System's share capital.

The sale agreements were concluded in Israel, outside of the regulated market, with eleven (11) Israeli financial institutions.

The transactions will be cleared within a single (1) working day from the date for their conclusion.

The transactions' price was set at NIS (New Israeli Shekel) 124.14 per share. The transactions' total value reached NIS 292 548 944.70.

As a result of the transaction, the Company will forfeit control of Formula Systems.

Additionally, the Company announces, in line with the Filing 17, it continues negotiations regarding sale of a 4% stake in Formula Systems. At the same time, the Company announces, outside of the agreement currently being negotiated, it does not plan to conclude any additional sale transactions of its Formula Systems shares within the next 2 years.

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 03 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2017 12:59:06 UTC.

Original documenthttps://inwestor.asseco.com/files/investor/reports/currents/2017/English/18_2017_zbycie_znaczacego_pakietu_akcji_Formula_Systems__1985__Ltd_EN.pdf

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