Current report number: 57/2015
Data: 10 December 2015
Polish Financial Supervision Authority
Pl. Powstańców Warszawy 1
With reference to Ongoing Report No. 43/2014 dated 21 November 2014, the Management Board of TELL S.A. hereby informs whom it may concern that on 10 December 2015 it leant about the execution on 7 December 2015 of an annex to the Investment Agreement made by and between the issuer and OEX Spółka Akcyjna (currently Grupa Archidoc Spółka Akcyjna) with registered office in Warsaw (hereinafter referred to as the Investor) together with an arrangement concerning the accession into that Agreement by nine shareholders of the Investor (hereinafter referred to as the Accessing Shareholders) in relation with the planned restructuring of the Investor’s group that is to entail the acquisition of all shares in the issuer currently held by the Investor by the Accessing Shareholders.
With reference to these transactions, the issuer and the Investor revoked the provisions laid down in the Investment Agreement concerning the Investor’s obligation to refrain from the disposal and encumbrance of the issuer’s shares within the period of 18 months after the registration of the issuer’s share capital increase and the issuer agreed to the transactions planned by the Investor and the Accessing Shareholders. At the same time, as part of the annex and the arrangements made, the parties thereto resolved to extend on the Accessing Shareholders as of the date of their acquisition of the issuer’s shares, of validity of provisions of the Investment Agreement concerning the above-mentioned obligation to refrain from the disposal and encumbrance of the issuer’s shares, including the provisions concerning the contractual penalty for the failure to observe the said provision.
Legal basis: Art. 56 sec. 5 of the Offering Act – information update
Signed: Rafał Stempniewicz – President of the Management Board