Current reports

Legal basis:

Art. 17 (1) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse 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’).

Content of the report:

The Management Board of OEX S.A. (the ‘Company’ or the ‘Issuer’), a shareholder in subsidiary Divante S.A. (‘Divante’), would hereby like to inform whom it may concern that at the initiative of the remaining shareholders in Divante and in consultation with the said shareholders and the Management Board of Divante it took a decision to start a review of strategic options concerning Divante in order to ensure that it had the optimal long-term development opportunities, taking into account the plans, strategies and investment possibilities of particular shareholders.

The Issuer intends to analyse all the economically reasonable strategic options and scenarios, in particular those related to an acquisition for that subsidiary of a strong financial or sector-related partner, whereby at this stage no ultimate structure of Divante’s shareholding and no actions leading to that, including a sale of a part or all shares by the present shareholders or a public offer of shares in Divante, are excluded. During the analyses, the Management Board of the Company shall mainly take into account the impact of such prospective actions on the Issuer’s economic situation in the short and long-term perspective, including from the perspective of a potential for further growth in the value of assets held, market situation and the investment strategy adopted.

The Issuer’s Management Board would also like to inform whom it may concern about today’s selection of a professional adviser to ensure support for the Issuer and the remaining shareholders in Divante during the process of analyses and the prospective implementation of the selected option.

No decisions related to the selection of a specific strategic option have been taken so far by the Company’s Management Board and currently it is not certain whether or not in the result of the review completed there will be any changes in Divante’s operating model, its financing structure or shareholding. If any of the options under consideration were to be implemented, this could have a potentially significant impact on the Issuer’s economic and financial position.

The Management Board of the Company shall publish information about significant decisions, if any, and events resulting from the review process as per the applicable legal regulations in force.

Signatures of Company’s representatives:

Tomasz Słowiński – Member of the Management Board
Robert Krasowski – Member of the Management Board