| | 31/2020 Inflow of funds from the Guaranteed Employee Benefits Fund in connection with COVID-19
Regulatory filing
The Management Board of Agora S.A. with its registered office in Warsaw ("Company", "Agora"), hereby informs, with reference to the report 13/2020 of 6 April 2020 and 14/2020 of 20 April 2020, about receiving the first tranche of employee remuneration subsidy from the Voivodship Labor Office in Warsaw from the Guaranteed Employee Benefits Fund in the amount of PLN 2.79 million.
The funds received correspond to one third of the total amount requested by the Company (i.e. PLN 8.37 million).
Agora Group companies jointly applied for funding in the amount of PLN 13.9 million.
Receiving of the subsidy is connected with the obligation to submit documents necessary for its settlement within 30 days from the day of obtaining the last tranche of payment, and the final amount of the financing may change as a result of settlement.
Legal basis: art. 17 clause 1 of Regulation (EC) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Regulation on market abuse) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directive 2003/124/EC, 2003/125/EC and 2004/72/EC (Official Journal EC L 173 of 12/06/2014).
| |
