RB 28/2022
The Management Board of PragmaGO S.A. (hereinafter: “Issuer” or “Company”) informs that on August 31, 2022. The Issuer, as the buyer, entered into an agreement with Fandla Faktoring sp. z o.o., based in Warsaw, as the seller, for the sale of the organized part of the enterprise “Fandla Sales and Customer Service” (hereinafter: the “ZCP Sales Agreement”). Pursuant to the CSC Sale Agreement, the Company acquired from Fandla Faktoring sp. z o.o. an organized part of the enterprise, which includes, among other things, a customer base, proprietary assets, employees and partnership agreements. The minimum sale price was set at PLN 500,000.00. This price will be increased by a percentage of the revenues earned by the Issuer from contracts concluded by the Issuer with entities from the customer base comprising the organized part of the enterprise, for the benefit of which the Issuer will launch financing. Based on the provisions of the OCP Sale Agreement, the Issuer will offer the existing customers of Fandla Faktoring sp. z o.o. the possibility of financing based on diversified financial products and an increased financing limit.