Adatex decided to tart preparations for the transfer to the main market of the Warsaw Stock Exchange

Adatex has decided to start the preparation process for the transfer of its shares from the alternative trading system on the NewConnect market to the regulated market operated by the Warsaw Stock Exchange (WSE), the company announced.

"In connection with the issuance on December 1, 2022 by the District Court of Katowice - Wschód in Katowice, 8th Commercial Division of the National Court Register, of a decision on the merger of the Company as the acquiring company with Adatex sp. z o.o. as the acquired company (pursuant to Article 492 § 1 point 1 of the Code of Commercial Companies, i.e. by transferring all assets of Adatex sp. z o.o. in exchange for newly issued series G shares), the management board of the company believes that there is a need to take further steps to ensure company development. The potential possessed by the company and the currently large bank of land prove that it is at the right moment to move to the regulated market of the Warsaw Stock Exchange S.A. According to the Management Board, this will create broader prospects for its further development and the implementation of further large development projects.

As a consequence of the decision taken, the Management Board will convene an extraordinary general meeting, the agenda of which will include an item concerning consent to the transfer of the company's shares from the alternative trading system on the NewConnect market to the regulated market.

Adatex S.A. has been operating on the market since 2009. It focuses on high-quality development projects, such as multi-unit apartment complexes and office and service facilities.

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