Settlement of the option to purchase part of MODIVO S.A. shares with MKK3 Sp. z o.o. and option to purchase DeeZee Sp. z o.o. shares
(Current Report No. 35/2024)
12.11.2024 (Issuer)
Legal basis:
Article 17(1) of MAR – Inside information
Further to Current Report No. 15/2021 of 31 March 2021, Current Report No. 40/2022 of 21 December 2022, and Current Report No. 30/2024 of 19 August 2024, the Management Board of CCC S.A. (the “Company”) announces that on 12 November 2024 CCC Shoes & Bags Sp. z o.o. (a subsidiary of the Company) purchased 250,500 Modivo S.A. shares, representing approximately 2.5% of the company’s share capital, from MKK3 Sp. z o.o. (“MKK3”) for PLN 97.8 million.
In accordance with the option agreement, the option over the remaining 2.5% of Modivo S.A. shares expires on 30 June 2026.
The Company further announces that on 12 November 2024 the option to purchase 12.28% of DeeZee
Sp. z o.o. shares was settled.
The purchase of Modivo S.A. shares and DeeZee Sp. z o.o. shares was financed with CCC S.A.’s own funds.