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12-2019 Closing of purchase transaction by Orange Polska of 100% shares in BlueSoft sp. z o.o.

 

Current report (12/2019),

Orange Polska S.A. – Warsaw, Poland

12 June 2019

 

Closing of purchase transaction by Orange Polska of 100% shares in BlueSoft sp. z o.o.

Pursuant to Art. 17 clause 1 of the Regulations (eu) no 596/2014 of the European Parliament and of the Council of 16 April 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 Regulations”), the Management Board of Orange Polska S.A. (“Orange Polska”) hereby announces that on June 12, 2019, Orange Polska and and Tokajami Limited and Wellchosen Investments Limited, have concluded a final agreement for the sale of 100% shares (“the Shares”) in BlueSoft sp. z o.o. On the same day the ownership of all the Shares has been transferred to Orange Polska.

The terms of Shares’ purchase by Orange Polska were publicly announced in a current report 10/2019 on 29 April 2019 and have not changed.

Payment made today amounted to PLN 147 million.

The remaining part will be settled before the end of 2022 and will be based on achieving certain financial targets of BlueSoft in 2019 and 2020 as well as on meeting certain other legal conditions.

 

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