Agora S.A. - Polish media company
CLOSE
Tool-1

Breaking news

Summary of Agora Group's ESG activities in 2023

RESPONSIBLE BUSINESS, AGORA, NAJNOWSZA AKTUALNOść (TOOLBAR)

Summary of Agora Group's ESG activities in 2023

więcej
Tool-2

Contact us

Phone: 22 555 60 00

Phone: 22 555 60 01

Work hours 9:00 - 17:00

press@agora.pl

Go to the contact

Tool-3
0

Info box

(
0
)

    send to email

    Notowania

    Quotations

    Spółka

    AGO

    Kurs akcji [PLN]

    10,20 zł

    Zmiana[PLN]

    3,55%

    Stock quotes

    Download

    Tool-6
    Tool-7

    Company data

    AGORA S.A.
    Czerska 8/10 Street
    00-732 Warszawa

    AGO 3,55%
    mWIG40 0%
    WIG-MEDIA 0%

    Regon: 11559486
    Numer KRS: 59944
    NIP: 526-030-56-44

    Go to the contact

    Tool-4

    January 25, 2019 / 17:43

    1/2019 The commencement of negotiations regarding the purchase of Eurozet Sp. z o. o.

    Regulatory filing

    The Management Board of Agora S.A. with its registered seat in Warsaw ("the Company") ("Agora") hereby informs that today the Company has begun negotiations regarding the potential acquisition of shares in Eurozet sp. o.o. with headquarters in Warsaw ("Eurozet") from their current owner.

    The company started negotiations with the seller together with SFS Ventures s.r.o. with its registered seat in Prague (Czech Republic) ("SFS Ventures") concerning the purchase of all the shares in the share capital of Eurozet in such a way that:

    1. SFS Ventures will acquire 60% of shares in Eurozet,
    2. Agora will acquire 40% of shares in Eurozet.

    SFS  Ventures is a company incorporated under Czech law; majority stake  is
    owned by a subsidiary of Sourcefabric z.ú., an organization based in Prague
    (Czech Republic), offering open source software solutions for the media and
    minority  stake  is  owned  by Salvatorska Ventures LCC, a US registered
    subsidiary of Media Development Investment Fund.

    At the same time, due to the commencement of negotiations mentioned above, the Company started also negotiations with SFS Ventures regarding establishing detailed principles of potential investment in Eurozet by SFS Ventures as a majority shareholder and the Company as a minority partner, as well as the future cooperation of these entities as partners in Eurozet.

    The commencement of the negotiations described above does not mean that any of the negotiation processes mentioned above will end with the determination of the final terms, respectively of the purchase of Eurozet shares or cooperation between SFS Ventures and the Company in the scope indicated above.

    Negotiations with the seller are conducted on a non-exclusive basis. The potential transaction is in line with the long-term strategy of the Agora Group, in particular with the plan to strengthen the position of the Agora capital group on selected markets in which it currently operates.

    Legal basis: Article 17, paragraph 1 of Regulation (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 directive 2003/124/EC, 2003/125/EC and 2004/72/EC - confidential information.

     

    Go back