The decision on the acquisition of shares in the Russian company "3S Retail" by a subsidiary of the Issuer
(Current Report no. 47/2016)
23.08.2016 / The Issuer /
Legal basis:
Art. 17 paragraph 1 of the MAR regulation - confidential information
The Management Board of CCC S.A., based in Polkowice (the Issuer), hereby informs that on 23 August 2016, the Management Board of the Issuer's subsidiary CCC Shoes & Bags Sp. z o.o. with, based in Warsaw, made a decision on its intention to acquire 75% of shares with a value of 375 000 RUB (Russian rubles) in the Russian company "3S Retail" a limited liability company with its registered office in Moscow, which is the sole distributor of CCC products in the Russian market.
The Issuer will inform in a separate report on the signing of the agreement on the acquisition of shares.