Fabrity Holding S.A — M&A Activity 2017

Aug 23, 2017

The Management Boart of Aforti Holding S.A.(hereinafter "the Company") with its registered office in Warsaw herebyinforms on the commencement of negotiations concerning entries in termsheet with shareholders of an entity operating in the factoringindustry, which aim at taking over all the shares in the entity. Theentity to be taken over has an established position on the factoringmarket, its balance sheet total amounts to around PLN 39 million, annualfactoring turnover is at the level of approximately PLN 150 million. Thegoal of the negotiation is to stipulate rules of the take-over, rulesfor taking over the financing of factoring shares and establishing legalterms and conditions of the transaction. The Company considered theinformation to be confidential as the potential transaction may lead tothe extension of the operations of Aforti Holding Capital Group.