Current Report 01/2020

Information on the number of preliminary premises sale agreements in 2019

Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.

In relation to receipt on 8 January 2020 of internal sales reports, the Management Board of INPRO S.A. with its registered office in Gdańsk informs that in 2019 the INPRO Corporate Group achieved preliminary sales (in the meaning of concluded preliminary sale agreements net i.e. with the resignations taken into consideration under: reservation agreements, preliminary sale agreements concerning completed projects, agreements with entities other than customers who are natural persons, and agreements concerning commercial premises, and documents issued to customers on information concerning the conclusion of property development agreements, such documents enabling the customers to file an application for funds for the financing of the property development agreement) at the level of 769 agreements i.e. 4 % less than in the comparable period of the previous year comprising the period from January to December.  

In the fourth quarter 2019, the INPRO SA Corporate Group achieved preliminary net sales at the level of 185 agreements, which is 13 % more than in the comparable period of the previous year.
The Management Board of INPRO S.A. also informs that over the entire year 2019 the Group handed over the total of 569 premises in comparison with 679 premises last year.

Detailed legal grounds: Article 17 para. 1 of the Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (the 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 (also referred to as the MAR)