ESPI Report 13/2021: Increase in the share capital of the subsidiary of Sescom

The Management Board of Sescom S.A. (“the Company”, “the Issuer”) was informed today that on 1 April 2021 the shareholders meeting of FIXFM Sp. z o.o. headquartered in Gdańsk (“FIXFM”) adopted a resolution on increasing in the share capital of this company. Pursuant to the resolution, the share capital of FIXFM was increased by 400.000 PLN to 725.000 PLN, by creating 8.000 shares with a nominal value of 50 PLN each share. The all shares were acquired by the Issuer.

All Issued shares will be covered fully by cash contribution so that each share will be acquired for 250 PLN and the total amount of contribution will be 2.000.000 PLN for all 8.000 shares.

Before the increase in the share capital, The Issuer owned 6.500 shares entitling to 100% votes at shareholders meeting and 100% share in the capital of FIXFM Sp. z o.o.

After the increase in the share capital, the Issuer owned 14.500 shares entitling to 100% votes at shareholders meeting and 100% share in the capital of FIXFM Sp. z o.o.

The increase in the share capital of FIXFM is connected with further software development and extension in service network. FIXFM is responsible for new area of services in Sescom Group: technical maintenance of buildings and premises for individual customers and small companies.

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

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board