AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Echo Investment S.A.

Pre-Annual General Meeting Information Apr 8, 2021

5590_rns_2021-04-08_2e1ad955-b80f-4986-bff3-5eda27b2d7c5.html

Pre-Annual General Meeting Information

Open in Viewer

Opens in native device viewer

Fulfillment of the only condition precedentspecified in the preliminary share purchase agreement on the sale ofshares concerning the indirect acquisition of a majority stake inArchicom S.A., dated 17 February 2021TheManagement Board of ECHO Investment S.A. with its registered office inKielce (the"Issuer"), with reference to the currentreport No. 4/2021 dated 18 February 2021, hereby informs that today theIssuer has received a decision of the President of the Office ofCompetition and Consumer Protection dated 6 April 2021 on granting anunconditional consent for the concentration consisting in the Issuer'sacquisition of sole control over DKR Investment sp. z o.o. with itsregistered office in Wrocław and DKR Invest S.A. with its registeredoffice in Wrocław, as a result of which the Issuer will indirectlyacquire a majority stake of shares representing approximately 65.99% ofthe total number of votes in Archicom S.A. with its registered office inWrocław ("Archicom"), a public company whose shares arelisted on the Warsaw Stock Exchange on the primary market. Theobtainment of the consent for the above-described concentration was theonly condition precedent provided for in the preliminary share purchaseagreement on the sale of shares concerning the indirect acquisition ofthe majority stake in Archicom,dated 17 February 2021.

The Issuer will inform about further actionsconcerning the transaction related to the indirect purchase of themajority stake in Archicom S.A. in subsequent current reports.

Talk to a Data Expert

Have a question? We'll get back to you promptly.