WORK SERVICE S.A. - Conclusion of the annex to the „term sheet” document by the Issuer’s subsidiary

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 25 / 2017

Data sporządzenia: 2017-03-21

Skrócona nazwa emitenta

WORK SERVICE S.A.

Temat

Conclusion of the annex to the „term sheet” document by the Issuer’s subsidiary

Podstawa prawna

Art. 17 ust. 1 MAR - informacje poufne.

Treść raportu:

In relation to the current report no 50/2016 published by Work Service S.A. (“Issuer”) of 19 July 2016, the Management Board of the Issuer informs that today it became aware that the Issuer’s subsidiary, i.e. Exact Systems (“Subsidiary”), with its registered office in Częstochowa, concluded the annex to the “term sheet” document of 15 July 2016 on the activities for the acquisition transaction to be executed in the future. The Parties agreed that the Subsidiary within the acquisition transaction will acquire 100% of existing shares of the French limited liability company (“French Company”), 100% of existing shares of the Romanian limited liability company (“Romanian Company”), 100% of existing shares of the Turkish limited liability company (“Turkish Company”) and 100% of existing shares of two Moroccan limited liability companies (“Moroccan Companies”) [operating] in the outsourcing industry and specialising in the quality control for the automotive industry (“Potential Transaction”), whereas the Potential Transaction assumes the acquisition of the following in the first place: • 51% of the existing shares of the French Company, • 100% of the existing shares of the Romanian Company, • 100% of the existing shares of the Turkish Company, • 100% of the existing shares of the Moroccan Companies (“First stage of the Potential Transaction”), and later the acquisition, in the completion of the Call Option by the Subsidiary or in the completion of Put Options by the current shareholders of the Target Companies under conditions provided in the Term Sheet of the remaining 49% of the existing shares of the French Company (“Second stage of the Potential Transaction”). The preliminary purchase agreements of shares of the French, Romanian and Turkish Company and Moroccan Companies shall be concluded until 31 May 2017. The purchase agreements of shares of the French, Romanian and Turkish Company and Moroccan Companies shall be concluded not later than on 31 June 2017. As a result of the conducted analysis, the Issuer concluded that it is justified to classify the above-mentioned information as confidential, as defined by Article 17 (1) of MAR, subject to publication in the form of this report. Legal basis: Article 17 (1) of MAR (Regulation of the European Parliament and the European Council (EU) No. 596/2014 of 16 April 2014 on market abuse (…)

MESSAGE (ENGLISH VERSION)

WORK SERVICE SPÓŁKA AKCYJNA

(pełna nazwa emitenta)

WORK SERVICE S.A. Usługi inne (uin)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

53-413 Wrocław

(kod pocztowy) (miejscowość)

Gwiaździsta 66

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

www.workservice.pl

(e-mail) (www)

897-16-55-469 932629535

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2017-03-21 Maciej Witucki President of the Management Board

2017-03-21 Piotr Gajek Vicepresident of the Management Board