Current Report 30/2015

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.

The Management Board of INPRO S.A. (the "Company") with its registered office in Gdańsk informs that on 1 July 2015 the Company, represented by Jerzy Glanc, the Chairman of the Supervisory Board, signed with three natural persons an agreement for the purchase of the total of 270 shares in Przedsiębiorstwo Instalacyjne ISA Sp. z o.o.
On the basis of the signed agreements INPRO S.A. purchased 90 shares at the nominal value of PLN 200 each from each of the members of the Management Board of INPRO S.A., that is from Mr Piotr Stefaniak, Mr Krzysztof Maraszek and Mr Zbigniew Lewiński. The purchase price of each share was PLN 8,000.00, in relation to which the purchase price for the total of 270 shares is PLN 2,160,000.00. The agreements in question were concluded with entities related to the Company i.e. with persons managing it and being at the same time its shareholders holding at least 20% of votes at the issuer's general assembly.
After the purchase of the shares, INPRO S.A. holds in Przedsiębiorstwo Instalacyjne ISA Sp. z o.o. with its registered office in Gdańsk the total of 270 shares of the nominal value of PLN 54,000, such shares granting jointly 76.92 % shares in the capital of that entity (PLN 80,000).
The financial statements of PI ISA Sp. z o.o. will be comprised by the financial statements of the INPRO S.A. Capital Group by means of the full consolidation method

At the same time the Company informs that the assumptions to the provisions contained in the sale agreements were reported by way of the confidential report of 17/06/2015 titled: Purchase of shares in a limited liability company

Detailed legal grounds: Article 57 par. 1 in connection with Article 56 par. 1 item 1 of the Act of 29 July 2005 on public offering, on conditions governing the introduction of financial instruments into an organised trading system, and on public companies (Dz.U. [Journal of Laws] of 2005, No. 184, item 1539, as amended).