Conclusion of a preliminary real estate purchase agreement
The Management Board of Selvita S.A. with its registered office in Krakow (“Issuer”, “Company”), hereby informs of the conclusion on January 31, 2022 between the Issuer, as buyer, and Ringier Axel Springer Polska sp. z o.o. with its registered office in Warsaw (“Seller”), of a preliminary agreement for the purchase (“Agreement”) of real property located in Krakow, at Podole Street, with a total area of 10.930 m2 (“Property”), adjacent to the property on which construction of the Research and Development Center for Laboratory Services of Selvita S.A. is currently in progress. The acquisition of the Property will secure the possibility of further expansion of the laboratory infrastructure for the Issuer in the future, thus enabling further organic growth of the Company.
Pursuant to the Agreement Property will be purchased for the price of PLN 8.744.000 net.
The conclusion of the Agreement transferring the ownership of Property is subject to obtaining the consent of the General Shareholders Meeting of the Issuer for the purchase of the Property, consent of the General Shareholders’ Meeting of the Seller to conclude the agreement and to the condition that the economic zone manager – Krakowski Park Technologiczny sp. z o.o. with its registered office in Kraków – does not exercise its right of first refusal with respect to the Property or after ineffective expiry of the deadline for submitting declaration exercising right of first refusal.
The final contract of sale of the Property shall be concluded no later than by March 31, 2022.
Legal basis: Article 17.1 of MAR
Representatives of the Issuer:
• Dawid Radziszewski – Management Board Member
• Mirosława Zydroń – Management Board Member