Spis treści:
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 15 | / | 2020 | ||||||||
| Date of issue: | 2020-12-23 | ||||||||||
| Short name of the issuer | |||||||||||
| CITY SERVICE SE | |||||||||||
| Subject | |||||||||||
| Regarding Sale of Security and Marketplace Administration Business | |||||||||||
| Official market - legal basis | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| On December 22 and 23, 2020 City Service SE (further – Company) through its Lithuanian subsidiary has signed share purchase - sale agreements on sale of eight companies, operating in marketplaces administration (UAB Konarskio turgelis, UAB Karoliniškių turgus and UAB Naujosios Vilnios turgavietė) and security solutions, video surveillance and manned guarding sectors (UAB Mano sauga LT, UAB Mano Būsto sauga, UAB Algos saugos tarnyba, UAB Acta iuventus and UAB Vaizdo stebėjimo sprendimai). The value of all signed purchase – sale agreements – EUR 4.8 million. Buyers of sold companies were separate, not related Lithuanian companies, acting in marketplaces administration and security sectors. The consolidated revenue of sold companies for the nine months period ended September 30, 2020, amounted to EUR 1.9 million, and EBITDA was EUR 0.4 million. Superia and Valiūnas Ellex acted, respectively, as financial and legal advisers to the Company in the sale of security companies. This sale takes place as part of a strategic alternatives review process initiated last year. This strategic review was launched to focus on the key strategic goal of the Company – concentration of Company’s core business – apartment buildings administration – in all active markets (Lithuania, Latvia, Poland, Spain, and Russia) and its development in possible new countries. Artūras Gudelis Chairman of the Management Board +370 5 239 4900 |
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| Annexes | |||||||||||
| File | Description | ||||||||||
| CITY SERVICE SE | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| CITY SERVICE SE | Usługi inne (uin) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) |
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| 10117 | Tallin | ||||||||||||
| (post code) | (city) | ||||||||||||
| Narva mnt. | 5 | ||||||||||||
| (street) | (number) | ||||||||||||
| +370 5 239 49 00 | +370 5 239 48 48 | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| LT100009542110 | |||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2020-12-23 | Artūras Gudelis | Chairman of the Management Board | |||
Źródło:Komunikaty spółek (ESPI)
