Legal basis: Art. 17MAR, para. 4 – notification about the delay of disclosure of confidential information
The Management Board of Quantum software S.A. based in Krakow informs that today between the Issuer and Grant Thornton Frąckowiak sp. o.o. sp.k. based in Poznań, a share purchase agreement was concluded in the Issuer’s subsidiary, i.e. in EDISONDA Ltd. based in Krakow. Under the aforementioned contracts The Issuer sold the entire stake of shares held, i.e. 1,124 shares (say: one thousand one hundred and twenty-four shares) in the company EDISONDA Ltd. with its registered office in Kraków with a nominal value of PLN 100.00 per share, with a total nominal value of PLN 112,400.00 (say: one hundred and twelve thousand four hundred zlotys and 00/100). The sold shares constitute 59.2% of the share capital and entitle to the same number of votes at the Shareholders’ Meeting of EDISONDA Ltd. The sale price was set by the parties to the contract for the amount of PLN 2,091,068.00 (say: two million ninety-one thousand sixty-eight zlotys 00/100). There are no links between the share buyer and the persons managing and supervising the Issuer. As a result of the disposal transaction, the Issuer is no longer a shareholder of EDISONDA Ltd.
The company EDISONDA Ltd. conducts the business of providing services in the field of “user experience”, i.e. designing of systems, services and applications as well as eyetracking, usability tests, etc.
The transfer of information on the sale of shares and ongoing negotiations was delayed by the Company on July 3 this year. based on Article. 17 sec. 4 MAR.
In the opinion of the Company, immediate publication of the information could affect the interest of the Company related to the negotiations and negatively affect the course of these negotiations.
Sales of the above shares is related to the Quantum Group concentration on the core business, i.e. creation and implementation of Supply Chain Management systems.