Dino SA

24/11/2023
Business entity

On November 21, Dino Polska S.A. announced that the Company learned from the shareholders of eZebra.pl sp. z o.o. that on November 20, 2023, the District Court in Lublin, 1st Civil Division, issued a decision granting security for the applicant's claim that the Preliminary Conditional Share Purchase Agreement and Shareholders' Agreement, concluded by the Company with eZebra and its shareholders on October 17, 2023, is ineffective against the applicant.

The aforementioned court decision may result in a delay in the execution of the Company's agreement to purchase and acquire eZebra's shares, or the failure to complete the transaction. Pursuant to the Purchase Agreement, the Company will become the owner of 75% of eZebra's shares. The price for the Shares will be approximately PLN 61 million. The Sale Price will be adjusted for net debt and the difference in working capital of eZebra, JTG and 3BOOM as of the Closing Date.

Today we present the valuation of Dino Polska S.A., prepared by companyvalueradar.com.

Dino Polska S.A. is a nationwide chain in the medium-sized supermarket segment located near customers' homes. Dino's shares debuted on the Stock Exchange in 2017.

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