The Management Board of Sescom S.A. (“the Company”, “the Issuer”) shall inform that the Issuer adopted on 15 February 2021 the resolution concerning recommendation of distribution of profit in the amount of 4.085.106,85 zloty for financial year 2019/2020.

Acting in accordance with Dividend Policy of Sescom, the Management Board recommended the General Meeting of Shareholders to pay dividend for the financial year 2019/2020 in the amount of 0,40 zloty per 1 share (819.674,00 zloty form the net profit).

The Management Board recommends the dividend payout due to good financial standing of the Company and increase in cash flow. Simultaneously, the Management Board ensures that proposed value of the payout will cause neither delay nor cancellation of planned investment projects.

The recommendation shall be assessed by the Supervisory Board of Sescom. The final decision concerning distribution of the net profit for financial year 2019/2020 shall be taken by the General Meeting of Shareholders of the Company.

Legal Basis: Article 17(1) MAR – confidential information

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) was informed today that on 1 December 2020 the amendments to the Articles of Sescom were registered in the Gdańsk – Północ District Court, Commerce Department VII. The amendments were made pursuant to the Resolution No. 4 of the General Shareholders Meeting of Sescom from 23 September 2020.

The scope of the amendments that were made in the Articles of Sescom:

1. A change made at section 7, paragraph 4

The previous wording:

“4.          The Management Board is entitled by 29 March 2021 to make a capital increase of the maximum amount of one million-zloty (1.000.000), after obtaining the consent of the Supervisory Board, issuing an amount up to one million-zloty (1.000.000) bearer shares with a nominal value of one zloty for each share.”

The current wording:

“4.          The Management Board is entitled by 31 August 2023 to make a capital increase of the amount of one five hundred thousand zloty (500.000) by one or more increases in the share capital, after obtaining the consent of the Supervisory Board, issuing an amount up to one million (500.000) bearer shares with a nominal value of one zloty for each share. The Management Board is entitled to issue the shares within the target capital for cash contributions only.”

2. New paragraph 4a was added in section 7:

„4a                 Unless the provisions of the Code of Commercial Companies or the Articles of Association provide otherwise, the Management Board is entitled to decide on all matters relating to increase of share capital and issue of shares. In particular, the Management Board is entitled to:

  1. determine detailed pronciples, terms and conditions of the issuing process and the way of subscription;
  2. issue the shares in paper form or take all steps in order to dematerialise the shares, including entering into registration agreement with the National Depository for Securities;
  3. apply for the admission and introduction the shares to public market operated by Warsaw Stock Exchange.”

3. A change made at section 7, paragraph 8

The previous wording:

„8.                  After obtaining consent of the Supervisory Board, the Management Board may limit or exclude the share subscription in respect of capital increase within the limits of the target capital specified in subparagraph 4.”

The current wording:

„8.          After obtaining consent of the Supervisory Board, the Management Board may exclude the preemptive rights of the existing shareholders in full or in part, with regard to shares issued as target capital.”

The full content of the consolidated text of the Articles of Sescom was attached to this report.

Sescom Articles of Association

Legal Basis: Article 56.1.2. of the Public Offering Act – current and periodic information

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) shall provide the information concerning monthly sales and operational activities together with current impact of coronavirus outbreak on Sescom Group. At the same time the Company announces that since the beginning of the new financial year 2020/2021 it begins to publish monthly information about the Issuer’s sales value.

According to estimated, unaudited figures, consolidated revenue for October 2020 amounted to 11,2 million PLN, which means a 21% decrease over the same period of last year (y-o-y).

The lockdown imposition in a few European countries made an impact on the postponing of planned technical reviews at the end of the year. That was the key factor which affects the October sales level.

The consequence of imposed restrictions, known from second quarter of 2020, was a decline in tasks volume from clothing retail shops located in shopping galleries. On the other hand, increase in number of orders from groceries was also noticeable, which was the result of an extension of working hours.

Without regard to uncertain situation in European markets, Sescom Group provides operational activities aiming at achieving the goals outlined in the Sescom Strategy 2020 – 2030. Current situation across various Sescom business lines was presented below.

Facility Management

In Poland, work scheduled for October was realized normally: Sescom provided typical autumn AC technical reviews and prepared trade venues for upcoming heating season. Only when the restrictions appeared 7 November, the technical orders and reviews could be reduced in fashion stores located in shopping galleries. All planned work is provided normally for clients from other sectors. All tasks were realised under current health regime, along with technicians and customer’s staff maximum safety.

In Europe, in the first half of October the markets remained open. HoReCa and fashion sectors operated without obstacles and all scheduled work for them was provided. In the second half of the month, a few European countries imposed restrictions for trade venues. Sescom’s relevant foreign market – Germany implemented a light lockdown, which struck gastronomy and cultural facilities just at the beginning of November. Trade facilities in other significant European countries: the Netherlands, Slovakia, Czech Republic, Belgium, and Hungary, operated normally for the first three weeks of October. After that period shops were placed under restrictions concerning traffic limitations and working hours. In most of European countries restaurants are allowed to provide meal takeaway only. Possible effects of imposed restrictions may be seen in the Issuer’s sales for November. However, in the opinion of Management Board, the current restrictions will have a much less harsh effect on the level of sales than in March – May 2020 period.

Sescom IT Infrastructure

The work which relies on maintaining of IT infrastructure and installing new hardware and technological solutions, was provided on October as scheduled. The main customers were retail companies from grocery and chemist sectors and these enterprises operated without obstacles. The Issuer continued providing planned installation orders – implementation of self-cash-outs which support automatization in customers’ venues.

Sescom Store

In accordance with the return of restrictions imposing risk, the customers from retail sector limited investment in conventional modernisations. A new demand for re-fits supporting technological changes is actually generated by groceries and petrol stations. At the end of October, the team responsible for Sescom Store projects, have secured a contract pipeline until the end of January 2021.

Sescom Energy

As a result of return to trade restrictions, there is a noticeable increase in demand for optimalization services, as a method for reducing costs of trade facilities’ maintenance and increasing their operational efficiency. During October specialists from Sescom Energy business line provided efficiency services for existing retail customers, as well as performed pilot projects for potential clients. In October the team realised 2 new projects for hypermarkets chain and international fashion retailer. Other pilot projects were also scheduled for November.

Sescom Logistics Processes Support

The business line including technical maintenance for warehouse vehicles realised all planned work on October. The impact of business restrictions on main clients’ sectors: manufacture, storage, hypermarkets, was less relevant than in retail chains.

Sescom Digital

Business line responsible for developing technological solutions that support asset and inventory management, continues its B+R activities. The pandemic affects retail’s raised demand on support in implementing new technologies for processes efficiency improvement in the following areas: logistics, optimal stock volume, local warehouses management, and effective shipment and returns management. In October, the Digital line ended a pilot project for customer from petrol sector. During the project, customer’s equipment was marked by RFID tags in order to accelerate inventory checks and equipment identification. During next 3 months the Issuer is going to provide 2 pilot projects for groceries chain. The aim of projects is to present a service of dynamic stock management in numerous dispersed trade facilities.

Legal Basis: Article 17(1) MAR – confidential information

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) in relation to art. 16 of the Act of August 30, 2019 amending the Act – Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended), calls on shareholders possessing share documents to submit them at the Issuer’s office until December 31, 2020 for their dematerialization.

The dematerialization of shares consists in converting document form of share into digital record on shareholder’s brokerage account.

The share documents should be submitted on working days between 9 and 16 at the Issuer’s head office in Gdańsk (80-244) Grunwaldzka 82. The submission of share documents will be subject to a written receipt issued to the shareholder.

This call is the fifth of five required by the law.

The call relates only to shareholders possessing Company’s shares in paper, material form.

Legal Basis: Other regulations

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) in relation to art. 16 of the Act of August 30, 2019 amending the Act – Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended), calls on shareholders possessing share documents to submit them at the Issuer’s office until December 31, 2020 for their dematerialization.

The dematerialization of shares consists in converting document form of share into digital record on shareholder’s brokerage account.

The share documents should be submitted on working days between 9 and 16 at the Issuer’s head office in Gdańsk (80-244) Grunwaldzka 82. The submission of share documents will be subject to a written receipt issued to the shareholder.

This call is the fourth of five required by the law.

The call relates only to shareholders possessing Company’s shares in paper, material form.

Legal Basis: Other regulations

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Issuer”, “Sescom”) shall inform, that on 30 October 2020 the Issuer purchased FIXFM Sp. z o.o., headquartered in Poznań (“FIXFM”, “the Company”). The acquisition of the shares of FIXFM was proceeded by S24 system provided by Polish Ministry of Justice.

The Issuer purchased 100 shares of FIXFM, which represents 100% of share capital and 100% of votes at the general meeting. The total price of the transaction was PLN 25,000 (twenty five thousand). The total value of the share capital of FIXFM amounts to PLN 5,000.

FIXFM is a technological company, which joined to Brinc Scale UP acceleration programme in 2020. Sescom also participates in Brinc Scale Up as a potential investor and technology recipient. FIXFM develops a platform for technical services’ booking for small business sector. The aim of the acquisition is to execute Sescom strategy in the field of extension of services for new recipients – small business sector.

To the date of transaction, FIXFM have not generated any revenue from operational activities. The Company possess the prototype of an application for managing the process of registration and realisation of services tasks. The intention of the Issuer is to further develop the application and reach commercialisation phase. Accordingly, Sescom aims to recapitalise FIXFM for an amount of approx. PLN 1 million and contribute own intellectual property in order to accelerate development work.

The Acquisition of FIXFM falls under development strategy of Sescom, based on cooperation with perspective, complementary companies in their early stages.

The Management Board of Sescom identifies information on acquisition as an important information due to possible impact on operational activities and further expansion of Sescom Group.

Legal Basis: Article 17(1) MAR – confidential information

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (the Company, the Issuer) shall announce the publication dates of periodic reports in the financial year 2020/2021 in compliance with Art. 80.1 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodical disclosure of information by issuers of securities (the Regulation).

  1. Non-consolidated and consolidated annual report for 2019/2020 will be published on 1 February 2021.
  2. Consolidated quarterly report for Q1 2020/2021 will be published on 1 March 2021.
  3. Consolidated semi-annual report for 2020/2021 will be published on 30 June 2021.
  4. Consolidated quarterly report for Q3 2020/2021 will be published on 30 August 2021.

The Issuer also announces that consolidated quarterly reports will contain required data in compliance with Art. 62.1 and 62.2 of the Regulation. The Company will therefore not publish separate non-consolidated quarterly reports for Q1 and Q3 of the financial year 2020/2021.

The Company also decide that the consolidated semi-annual report will contain required data in compliance with Art. 62.3 of the Regulation. The Company will therefore not publish separate non-consolidated semi-annual report for H1 of the financial year 2020/2021.

In compliance with Art. 79.2 of the Regulation, the Issuer will not publish quarterly reports for Q2 and Q4 of the financial year 2020/2021.

Legal Basis: Article 56.1.2 of the Polish Public Offering Act – current and periodical disclosures

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) in relation to art. 16 of the Act of August 30, 2019 amending the Act – Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended), calls on shareholders possessing share documents to submit them at the Issuer’s office until December 31, 2020 for their dematerialization.

The dematerialization of shares consists in converting document form of share into digital record on shareholder’s brokerage account.

The share documents should be submitted on working days between 9 and 16 at the Issuer’s head office in Gdańsk (80-244) Grunwaldzka 82. The submission of share documents will be subject to a written receipt issued to the shareholder.

This call is the third of five required by the law.

The call relates only to shareholders possessing Company’s shares in paper, material form.

Legal Basis: Other regulations

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) in relation to art. 16 of the Act of August 30, 2019 amending the Act – Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended), calls on shareholders possessing share documents to submit them at the Issuer’s office until December 31, 2020 for their dematerialization.

The dematerialization of shares consists in converting document form of share into digital record on shareholder’s brokerage account.

The share documents should be submitted on working days between 9 and 16 at the Issuer’s head office in Gdańsk (80-244) Grunwaldzka 82. The submission of share documents will be subject to a written receipt issued to the shareholder.

This call is the second of five required by the law.

The call relates only to shareholders possessing Company’s shares in paper, material form.

Legal Basis: Other regulations

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom SA (“the Company”, “the Issuer”), with reference to ESPI report No 13/2020 from  8 May 2020, informs that the Issuer terminated the share buyback programme (“Share Buyback Programme”) 30 September 2020, acting in accordance with the content of the Resolution of the Management Board from 8 May 2020. The Management Board provides the summary of transactions conducted during the Share Buyback Programme (since 8th May to 30th September 2020):

– kind of transaction: purchase of Sescom SA shares with an ISIN code PLSESCM00013,

– number of purchased shares: 815 shares,

– nominal price of 1 share: PLN 1,

– average purchase price of 1 share: PLN 19,34,

– total price of purchased shares: PLN 15.761,60,

– number of votes arising from purchased shares: 815 votes,

– participation of the purchased shares in the equity capital: 0,0388%,

– participation of the purchased shares in total number of votes: 0,0286%,

– total number of own shares belonging to the Issuer after settling the purchase: 50.815,

– total participation of own shares belonging to the Issuer in the equity capital: 2,4198%,

– total participation of own shares belonging to the Issuer in total number of votes: 1,7830%.

The list of transactions was attached to this ESPI Report.

The Company informed about conducted transactions by ESPI reports: 14/2020, 15/2020, 16/2020, 20/2020, 21/2020, 22/2020.

Legal Basis: Other regulations (Article 2(3) of the Commission delegated regulation No 2016/1052 of 8 March 2016)

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board