Current Report No. 9/2025
Date: 25.04.2025 14:25
The Management Board of UNIMOT S.A., with its registered office in Zawadzkie (the “Issuer”), hereby announces that on 25 April 2025, it concluded agreements with seven members of the management staff of the Issuer’s subsidiary, Olavion sp. z o.o. (“Olavion”, the ‘Management Staff’) pursuant to which the Issuer acquired 10 per cent of shares in Olavion (the ‘Sale Agreement’). The Issuer announced the terms of the above transaction in the Current Report No. 47/2022 of 14 November 2022. Following the conclusion of the Sale Agreement, the Issuer holds 100% of the shares in Olavion.
Additionally, on 25 April 2025, the Issuer made the final settlement of the transaction to acquire a 90% shareholding in Olavion. The settlement was made under the earn-out mechanism in accordance with the rules described in the Current Report No. 47/2022 of 14 November 2022. The Issuer reminds that the acquisition of a 90% shareholding in Olavion took place on 7 March 2023.
The total amount of the purchase of 10% of shares from the Management Staff and the earn-out payment amounted to PLN 24.6 million. The Issuer's total final commitment to purchasing 100% of the shares in Olavion amounted to PLN 48.8 million.
The Issuer has deemed this information confidential due to the finalisation and determination of the final value of a transaction significant for the Issuer's Capital Group.
Legal basis:
Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR)
Persons representing the Company:
Filip Kuropatwa, Vice-President of the Management Board