Conclusion of a significant agreement

Published on: 14 October 2021

Current report no 21/2021

Conclusion of a significant agreement

Legal basis: Art. 17.1 MAR – inside information

Content of the report:

The Management Board of LSI Software S.A. with its registered office in Łódź (hereinafter “the Issuer”) hereby reports that on 13 October 2021 an agreement was concluded between the Issuer and Sp. z o.o. with its registered office in Polkowice.

The agreement provides for delivery by LSI Software S.A. of equipment with a net value of USD 559 thousand, i.e. PLN 2,217 thousand translated at the average exchange rate of the National Bank of Poland as at 13 October 2021. The agreement shall be executed according to the accepted schedule, which provides for its completion by the end of the second quarter of 2022.

The value given determines the maximum estimated amount of the order and does not oblige Sp. z o.o. to use it in full. Moreover, the Agreement has no provisions for contractual penalties.

Other conditions of the agreement do not differ from those commonly used for this type of agreements.

This information meets the significance criterion as it impacts the forecast revenues and financial results of LSI Software S.A.


Bartłomiej Grduszak – Vice-President of the Management Board