21sep2018
Current Report 30/2018
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 SA (the "Company") informs the public that at the session on 21 September 2018 the Company's Supervisory Board, acting in conformity with its powers derived from § 10 par. 14 of the Company's Statutes, adopted resolution No. 18/2018 on the selection of the auditor, Rewit Księgowi i Biegli Rewidenci Sp. z o.o. with its registered office in Gdańsk (80-137), ul. Starodworska 1, entered in the register of entrepreneurs of the National Court Register under number 0000003104 ( (recorded on the list of entities authorised to audit financial statements, kept by the Polish National Chamber of Statutory Auditors, under number 101) to:
1. Conduct the reviews of financial statements for 2019 and 2020, namely the review of the separate statements of INPRO S.A. and of the consolidated statements of the INPRO S.A. Corporate Group.
2. Audit the annual separate financial statements of INPRO SA and the annual consolidated financial statements of the INPRO Corporate Group for 2019 i.e. for the period from 01/01/2019 to 31/12/2019 and for 2020, i.e. for the period from 01/01/2020 to 31/12/2020.
The choice was made by the Supervisory Board in accordance with the binding regulations and professional standards, in particular pursuant to the Act of 11 May 2017 on statutory auditors, audit companies and public supervision (Dz.U. [Journal of Laws] of 06/06/2017, item 1089) and on the basis of the Company's internal regulations concerning the policy and procedure for the selection of an audit company. The decision was also made by the Supervisory Board after it became familiar with the recommendation of 07/09/2018 on the choice of the audit company, such a recommendation having been put forward by the Audit Committee following the selection proceedings in conformity with the relevant procedure adopted by the Company. The selected audit company was also recommended by the Audit Committee as an entity meeting the audit company selection criteria used at the Company.
The agreement with the selected entity, Rewit Księgowi i Biegli Rewidenci Spółka z ograniczoną odpowiedzialnością, will be concluded for a period enabling the performance of the object of the agreement, but otherwise complying with the binding regulations.
Following analysis, the Company held that it was reasonable to classify information given above as confidential information in the meaning of Article 17(1) of the MAR subject to publication in the form of this report.
Detailed legal grounds: Article 17 par. 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)
1. Conduct the reviews of financial statements for 2019 and 2020, namely the review of the separate statements of INPRO S.A. and of the consolidated statements of the INPRO S.A. Corporate Group.
2. Audit the annual separate financial statements of INPRO SA and the annual consolidated financial statements of the INPRO Corporate Group for 2019 i.e. for the period from 01/01/2019 to 31/12/2019 and for 2020, i.e. for the period from 01/01/2020 to 31/12/2020.
The choice was made by the Supervisory Board in accordance with the binding regulations and professional standards, in particular pursuant to the Act of 11 May 2017 on statutory auditors, audit companies and public supervision (Dz.U. [Journal of Laws] of 06/06/2017, item 1089) and on the basis of the Company's internal regulations concerning the policy and procedure for the selection of an audit company. The decision was also made by the Supervisory Board after it became familiar with the recommendation of 07/09/2018 on the choice of the audit company, such a recommendation having been put forward by the Audit Committee following the selection proceedings in conformity with the relevant procedure adopted by the Company. The selected audit company was also recommended by the Audit Committee as an entity meeting the audit company selection criteria used at the Company.
The agreement with the selected entity, Rewit Księgowi i Biegli Rewidenci Spółka z ograniczoną odpowiedzialnością, will be concluded for a period enabling the performance of the object of the agreement, but otherwise complying with the binding regulations.
Following analysis, the Company held that it was reasonable to classify information given above as confidential information in the meaning of Article 17(1) of the MAR subject to publication in the form of this report.
Detailed legal grounds: Article 17 par. 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)
