| The Management Board of Work Service S.A. (the „Issuer” or the „Company”) – informs that today, i.e. October 26, 2020, the Issuer's subsidiaries, such as.: 1) Work Service International sp.z o.o. with its seat in Wroclaw (hereinafter: "WSI"); 2) Industry Personnel Services sp.z o.o. with its seat in Wroclaw (hereinafter: "IPS"); 3) Sellpro sp.z o.o. with its seat in Wroclaw (hereinafter: "Sellpro"); received the decisions of the Head of the Tax Office in Wroclaw regarding the payment of tax due to value added tax into installments. The decision boundary conditions are described below. Ad 1.) The Head of the Tax Office in Wroclaw divided into installments the payment of WSI tax arrears due to value added tax in installments for the months: February, March, April, May 2020 in the total amount of PLN 3,191,512.00 (including extension fees and interest ). Ad. 2.) The head of the Tax Office in Wroclaw spread the payment of IPS tax arrears due to value added tax in installments for the months: February, March, April, May 2020 in the total amount of PLN 1,739,028.00 (including extension fees and interest ). Ad. 3.) The Head of the Tax Office in Wroclaw spread the payment of Sellpro's tax arrears due to value added tax in installments: a) for the months: February, March, May 2020 in the total amount of PLN 2,777,215.02 (including extension fees and interest ); b) for the month April 2020 in the total amount of PLN 863,228.00 (including prolongation fees and interest). Pursuant to each of the above decisions, tax liabilities will be repaid in 48 monthly installments starting from November 16, 2020. The condition for spreading into installments is meeting the installment payment deadline. The above decisions are not legal valid yet. However, none of the Issuer's subsidiaries, as the only party to the administrative proceedings, intends to appeal against the decision. As a result of the analysis carried out, the Issuer concluded that it is justified to classify the information indicated above as confidential information within the meaning of Art. 17.1. of the MAR, subject to publication in the form of this report. Legal basis: Art. 17.1. of the MAR (Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014, on the Market Abuse and repealing the Directive 2003/6/EC of the European Parliament and of the Council 2003/124/EC, 2003/125/EC and 2004/72/EC). Signatures: Iwona Szmitkowska – Vice-President of the Management Board Nicola Dell’Edera – Vice-President of the Management Board | |
