Legal grounds: Art. 56 sec 1 p 1 of the Act concerning public tenders ?confidential information.
Management Board of Quantum software SA (the Company) reports that following the IPO accomplishment and strategy assumptions strengthening market position in the Central ? Eastern Europe, on 15 February:
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the Company purchased 66,7 % of the Quantum East Limited shares,
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obliged to take over 66,7 % new admission of shares of the Quantum East Limited.
Quantum East Ltd. is holding company where main part of its assets will be 100 % of shares of the company from the Quantum Group based in Kiev, Ukraine, which is in registration process. Main assignment of the Ukrainian company will be selling and implementation of the IT solutions offered by Quantum software.
Initial Capital of Quantum East Ltd. is PLN 50.000 and divided by 1000 shares with PLN 50 per share (face value)
Purchase price of the 667 shares is set on PLN 33.350
New admission is 4.400 shares with face value of the PLN 220.000 where Quantum software SA.?s takes over 2.934 of shares and value PLN 146.700.
The source of financing of purchased assets is the Company?s measures. Investment amount will increase proportionally to business development.