| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 49 | / | 2020 | ||||||||
| Date of issue: | 2020-12-04 | ||||||||||
| Short name of the issuer | |||||||||||
| NOVATURAS AB | |||||||||||
| Subject | |||||||||||
| „Novaturas“comment regarding publication from December 3 “The court did not suspend Novaturas obligations to GetJet Airlines“ | |||||||||||
| Official market - legal basis | |||||||||||
| art. 17. 1 MAR. | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| We can confirm that the dispute between Novaturas and GetJet Airlines regarding the fulfillment of contractual obligations has been referred to the court. Novaturas ability to book a regular number of flights during the pandemic this year was limited by force majeure, as state-imposed restrictions on entry and exit prevented certain destinations from operating at all. Novaturas, having referred the dispute to the court, hopes that the court will confirm this assessment of the situation and restore the balance of contractual obligations between the parties. The court has now accepted the lawsuit and will hear it soon. By order of Tuesday, December 1, the court ruled on the need to apply interim measures to suspend certain clauses of the contract pending a court decision. The court did not assess in any way whether Novaturas could be granted immunity from fines. According to the information currently available, the court considered that the adoption of a court decision favorable to Novaturas would not complicate its execution. For this reason, the court did not grant interim measures and temporary restrictions to GetJet Airlines, at least at this stage of the dispute. CFO Tomas Staškūnas [email protected], +370 687 10426 | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| NOVATURAS AB | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| NOVATURAS AB | Usługi inne (uin) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| LT-44245 | Kowno | ||||||||||||
| (post code) | (city) | ||||||||||||
| A.Mickeviciaus | 27 | ||||||||||||
| (street) | (number) | ||||||||||||
| +370 37 321 264 | +370 37 321 130 | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2020-12-04 | Tomas Staskunas | CFO | |||
