Further to Current Report No. 8/2018 of April 25th 2018 and Current Report No. 29/2018 of December 14th 2018, the Management Board of Inter Cars S.A. of Warsaw (the “Company”) announces that on September 17th 2019 the Company unilaterally declared to Liberty Motorcycles Sp. z o.o. (formerly Liberty Motors S.A.) that, given the extent of differences on the terms and conditions of the Joint Venture, it resolved to terminate negotiations for the establishment of the Joint Venture (see Current Report No. 8/2018) and does not currently plan to continue with the project.
Legal basis: Article 17.1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.
Art. 17.1 of MAR − Inside information
- Krzysztof Soszyński - Vice President of the Management Board
- Piotr Zamora - Member of the Management Board