Raporty

35/2014 Disclosure of delayed confidential information about the fulfilment of the next condition precedent of investment agreement

The Management Board of Centrum Medyczne ENEL-MED S.A. (hereinafter referred to as the Company) hereby informs that on June 9, 2014, it made a decision about disclosure of the content of confidential information in the scope of which the fulfilment of the reporting obligations had been delayed; and the Company informed of this the Financial Supervision Authority on June 3, 2014.

The confidential information, in the scope of which the fulfilment of the reporting obligations was delayed, was the fact of the fulfilment – on June 3, 2014 – of the next condition precedent specified in the investment agreement concluded on March 10, 2014, by and between the Company together with the subsidiary operating under the business name of Centrum Medyczne Diagnostyka Obrazowa sp. z o.o., as one of the parties, and LUX MED Diagnostyka sp. z o.o., as the other of the parties, which specified the terms and conditions of sale – by Centrum Medyczne Diagnostyka Obrazowa sp. z o.o. – of the shares in Centrum Medyczne Diagnostyka sp. z o. o. The condition precedent that was fulfilled was such that the Company, Centrum Medyczne Diagnostyka Obrazowa sp. z o. o. and the members of the Management Board of Centrum Medyczne Diagnostyka sp. z o. o. and Centrum Medyczne Diagnostyka Obrazowa sp. z o.o. made – towards LUX MED Diagnostyka sp. z o. o. – the declarations that they would not appeal against the resolutions of Centrum Medyczne Diagnostyka sp. z o.o. and Centrum Medyczne Diagnostyka Obrazowa sp. z o.o. necessary to increase the initial capital of Centrum Medyczne Diagnostyka sp. z o.o. and Centrum Medyczne Diagnostyka Obrazowa sp. z o.o. by means of an action aimed at stating the invalidity, revoking or stating the non-existence of a resolution.

The fulfilment of the reporting obligations in reference to the information described hereinabove was delayed because the implementation of the investment specified in the agreement by LUX MED Diagnostyka sp. z o. o. has been made conditional upon the prior fulfilment of a number of conditions precedent (the Company informed about them in current report No. 31/2014) and not all conditions precedent have been satisfied yet. Pursuant to the Company’s assessment, the disclosure of the information about the conclusion of the investment agreement and the fulfilment of a condition precedent described hereinabove would be premature and would violate the legitimate interest of the Company, in particular, it would negatively influence the fulfilment of the remaining conditions precedent and thus preclude the implementation of the investment. The deadline for the fulfilment of the reporting obligations in reference to this information was set on June 30, 2014.