The Management Board of Sescom S.A. (“the Company”, “the Issuer”) provides below, as an attachment to this report, the list of shareholders holding 5% or more of total voting rights at Extraordinary General Shareholders Meeting of Sescom S.A. which took place on 9 September 2019.

List of shareholders holding at least 5% of total voting rights at Extraordinary General Shareholders Meeting of Sescom S.A.

Legal Basis: Art. 70.3 of the Public Offering Act – List of shareholders holding 5% or more of total voting rights at the General Meeting

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


The Management Board of Sescom S.A. (“the Company”, “the Issuer”) presents resolutions adopted by the Extraordinary General Shareholders Meeting on 9 September 2019.

At the same time, the Issuer informs that during the General Meeting no objections were made to the minutes regarding adopted resolutions. The company informs also that the General Meeting did not waive considering any point on the planned agenda.

Resolutions adopted by the EGSM on 9 September 2019

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”) hereby give notice of convening the Extraordinary General Shareholders Meeting, which shall be held on 9 September 2019 at 10:00 a.m. in the head office of Sescom S.A. at Al. Grunwaldzka 82 in Gdańsk.

As an attachment to this report, the Issuer provides:

  1. Announcement of the EGSM,
  2. Draft resolutions of the EGSM,
  3. Form for exercising the right of vote by a proxy,
  4. Information about Company’s shares.

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”) informs that on 2 August 2019 received an information about obtaining funding of 2.199.575 PLN under Smart Growth Operational Programme 2014-2020 action 1.1./subaction 1.1.1. for Sescom Business Intelligence Platform for Energy Saving and Smart Facility Management project. Financial support will enable the Issuer to continue further work on analytical features of the SES BI – Issuer’s business intelligence tool.

A total cost of the project amounts to 3.195.275 PLN, of which 69% will be covered by recommended funding.

The Company notes that receiving the recommendation is not synonymous with obtaining the funds and that the recommended amount may change. The final level of contribution and the transfer date will be known by the day of signing of the agreement between the Issuer and the National Centre of Research and Development.

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”) informs that on 19 June 2019 it received initial information about a fire accident in rented storage building using by Wrocław branch of the Company. The accident happened on 16 June 2019. No one was hurt due to the fire. According to initial information, the scale of damage was marginal, however, data obtained on 19 June 2019 proved that office part of the building was significantly damaged. Part of the goods stored in the warehouse were damaged also. Currently, the Issuer awaits opinion of expert concerning the value of damaging goods and cause of the fire. The Company points out that all damaged assets were covered by the insurance.

The fire did not cause reducing or stopping current operational activities of the Company and the Sescom Group. To the knowledge of the Management Board, there is no risk of failure to meet the deadlines of performed contracts.

Precise information concerning the value of damage will be published by separate ESPI report immediately after receiving an expert report.

The Management Board of Sescom classified the information about the fire accident as a significant for Issuer’s activities and decided to publish the information by ESPI current report.

 

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”) informs that on June 5, 2019 the Company was informed that the Regional Court in Wrocław, 10th Commercial Division, had issued on June 4, 2019 an order (“the Order”) to grant, upon the Issuer’s request, a security (“the Security”) of the Issuer’s legal action (“the Legal Action”) to cancel, in whole, the enforceability of an enforcement title (“the Enforcement Title”), in the form of a representation of the Issuer – for which the Court issued a writ of enforcement for CUBE.ITG S.A., a company in reorganization, with its registered address in Wrocław (“CUBE.ITG”) on the basis of a decision of May 20, 2019 – to submit to enforcement, drafted as a notarial deed of April 27, 2016, by which the Issuer submitted to enforcement of claims that may arise in connection with the settlement of a fourth part of the purchase price, for which the Issuer purchased the organized part of the enterprise of CUBE.ITG (the basis for the settlement were the initial sales contract of February 22, 2016 and the final sales contract of April 27, 2016), with regard to the payment obligation for CUBE.ITG of the amount equal to PLN 1,265,426.40 (“the Amount”)

The Company requested the Security by a petition (“the Petition”) to cancel, in whole, the enforceability of the Enforcement Title, about which the Company informed in its current report No. 15/2019.

Pursuant to the Order, the Legal Action is secured by suspending the enforcement proceedings against the Issuer until a final decision is issued in the Legal Action referred to in the Petition. The enforcement proceedings were initiated in order for the court enforcement officer to collect the Amount, at the request of CUBE.ITG based on the Enforcement Title. During the effective period of the Order, the Amount may not be transfered to CUBE.ITG, which eliminates the risk of inability to recover the Amount from CUBE.ITG in the event of CUBE.ITG’s insolvency.

The Order is effective from its issuance date. CUBE.ITG may appeal against the Order.

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

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


In connection with the ESPI current report No. 16/2019 of May 30, 2019, the Management Board of Sescom S.A. (“the Issuer”, “the Company”), shall inform that on 31 May 2019 due to increasing the total balance on the Company’s current bank account above the value of seizure of 1.315.468,20 PLN, the bank account has been unblocked.

The Issuer ensures that the seizure was not caused due to inability to pay Company’s liabilities but was a result of legal dispute between the Issuer and CUBE.ITG. The information about the dispute was published by the Company in ESPI reports: 4/2017, 5/2017, 12/2017, 1/2018, 2/2018, 28/2018, 30/2018, 14/2019 and 15/2019. The Issuer holds stable financial situation as evidenced by Company’s financial results.

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

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board


In connection with the ESPI current report No. 14/2019 of May 30, 2019, please be advised that the Management Board of Sescom S.A., with its registered address in Gdańsk (“the Issuer”, “the Company”), was informed on May 30, 2019 about a seizure of Company’s cash on the bank account, carried out by a court enforcement officer of the District Court Gdańsk-Południe in Gdańsk, in the amount equal to PLN 1,315.468.20.

In Issuer’s opinion, the seizure was a result of the issuing, at the request of the company CUBE.ITG S.A. in reorganization, with its registered address in Wrocław (“CUBE.ITG”), a writ of enforcement to the enforcement title in the form of the Issuer’s representation to submit to enforcement, drafted as a notarial deed of 27th April 2016 (“the Enforcement Title”), by which the Issuer submitted to enforcement of claims that may arise in connection with the settlement of a fourth part of the purchase price, for which the Issuer purchased the organized part of the enterprise of CUBE.ITG (the basis for the settlement were the initial sales contract of February 22, 2016 and the final sales contract of April 27, 2016), with regard to the payment obligation for CUBE.ITG of the amount equal to PLN 1,265,426.40 (“the Amount”).

The validity of payment is a subject of long-running dispute between the Issuer and CUBE.ITG during which the Company took a number of steps in the proceedings which aim was to lead to declaratory judgment of non-existence of CUBE.ITG’s claim against the Issuer. Information concerning the settlement of the final price of organized part of the enterprise of CUBE.ITG and legal actions taken by both parties were published by the Issuer by the ESPI reports by reference numbers: 4/2017, 5/2017, 12/2017, 1/2018, 2/2018, 28/2018 and 30/2018.

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”) discloses the following confidential information, the public disclosure of which was delayed by the Company on May 22, 2019, in line with Article 17(4) of the 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 Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (“MAR”).

The Management Board of the Company, in connection with the fact (disclosed in the current report of the Company No. 14/2019) that the District Court for Gdańsk-Północ in Gdańsk, 13th Civil Division, issued an order of a court clerk dated May 20, 2019 (“the Order”) to issue, at the request of the company CUBE.ITG S.A. in reorganization, with its registered address in Wrocław (“CUBE.ITG”), a writ of enforcement to the enforcement title in the form of the Issuer’s representation to submit to enforcement, drafted as a notarial deed of 27th April 2016 (“the Enforcement Title”), by which the Issuer submitted to enforcement of claims that may arise in connection with the settlement of a fourth part of the purchase price, for which the Issuer purchased the organized part of the enterprise of CUBE.ITG (the basis for the settlement were the initial sales contract of February 22, 2016 and the final sales contract of April 27, 2016), with regard to the payment obligation for CUBE.ITG of the amount equal to PLN 1,265,426.40 (“the Amount”), would like to inform you that: on May 22, 2019, a legal representative of the Company filed with the Regional Court in Wrocław a petition (“the Petition”) against CUBE.ITG to cancel the enforceability of an enforcement title, together with a request (“the Request”) for security by way of suspending the effectiveness of the Order, and in the event of initiation of enforcement proceedings before the request is examined – for suspending the enforcement proceedings.

The purpose of the Petition and the Request is to prevent the collection of the Amount from the Company’s assets, as it is presumed that it will not be possible to recover the Amount from CUBE.ITG (if the Amount is transfered to CUBE.ITG by the court enforcement officer as a result of enforcement carried out against the Company on the basis of the Enforcement Title).

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”) discloses the following confidential information, the public disclosure of which was delayed by the Company on May 22, 2019, in line with Article 17(4) of the 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 Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (“MAR”).

The Company was informed on 22 May, 2019 that the District Court for Gdańsk-Północ, 13th Civil Division issued an order of a court clerk dated May 20, 2019 (“the Order”) to issue, at the request of the company CUBE.ITG S.A. in reorganization, with its registered address in Wrocław (“CUBE.ITG”), a writ of enforcement to the enforcement title in the form of the Issuer’s representation to submit to enforcement, drafted as a notarial deed of 27th April 2016 (“the Enforcement Title”), by which the Issuer submitted to enforcement of claims that may arise in connection with the settlement of a fourth part of the purchase price, for which the Issuer purchased the organized part of the enterprise of CUBE.ITG (the basis for the settlement were the initial sales contract of February 22, 2016 and the final sales contract of April 27, 2016), with regard to the payment obligation for CUBE.ITG of the amount equal to PLN 1,265,426.40 (“the Amount”). The validity of payment is a subject of long-running dispute between the Issuer and CUBE.ITG during which the Company took a number of steps in the proceedings which aim was to lead to declaratory judgment of non-existence of CUBE.ITG’s claim against the Issuer. Information concerning the settlement of the final price of organized part of the enterprise of CUBE.ITG and legal actions taken by both parties were published by the Issuer by the ESPI reports by reference numbers: 4/2017, 5/2017, 12/2017, 1/2018, 2/2018, 28/2018 and 30/2018.

The order is valid from the moment of issue. Issuing a writ of enforcement title means that CUBE.ITG is allowed to request court enforcement officer to initiate an execution form the Company’s assets in order to satisfy the claim. The Issuer will immediately take necessary legal action in order to prevent the execution and to potential recover the amount from CUBE.ITG which is crucial due to current legal status of CUBE.ITG (CUBE.ITG is currently under restructuring procedure).

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

Signatures of the Company’s representatives:

Sławomir Halbryt – President of the Management Board