SOPHARMA AD - Notification

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 57 / 2017

Date of issue: 2017-07-31

Short name of the issuer

SOPHARMA AD

Subject

Notification

Official market - legal basis

art. 17. 1 MAR.

Unofficial market - legal basis

Contents of the report:

Sopharma AD notifies that the stabilization of the economic environment on our main export markets and the optimization of the operations of Sopharma AD led to 73% increase of the operating profit from BGN 14 310 thousand for the first half of 2016 BGN 24 698 thousand for the first half of 2017 and of 50% increase of EBITDA from BGN 21 318 thousand for the fisrst half of 2016 to BGN 32 048 thousand for the first half of 2017. “Our efforts towards improving the way we operate, to further improve the synergy after the merger with Bulgarian Rose – Sevtopolis AD, to optimize or trade activities and to start new, interesting and profitable projects are reconfirmed in our financial results. We also appereciate the fact that factors outside of our control also improved leading to fast growth. We are proud that our subsidiary Sopharma Trading AD received a green light from to start larger projects in Serbia.”, comments Ognian Donev, PhD, Executive director and Chariman of the Board of directors of Sopharma AD.

Annexes

File Description

3JR_Notification_31072017.doc Notification

SOPHARMA AD

(fullname of the issuer)

SOPHARMA AD Farmaceutyczny (far)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

1220 Sofia

(post code) (city)

IlienskoShosse 16

(street) (number)

[phone] [phone]

(phone number) (fax)

(e-mail) (web site)

nd

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2017-07-31 Ognian Dinev Executive director