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WORK SERVICE S.A.: Conclusion by the Issuer's subsidiary of an installment agreement with the State Fund for Rehabilitation of Disabled Persons (2021-07-09 19:06)

ESPI | 21:06 09 lipiec 2021
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KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr38/2021
Data sporządzenia: 2021-07-09
Skrócona nazwa emitenta
WORK SERVICE S.A.
Temat
Conclusion by the Issuer's subsidiary of an installment agreement with the State Fund for Rehabilitation of Disabled Persons
Podstawa prawna
Art. 17 ust. 1 MAR - informacje poufne.
Treść raportu:
Management Board of Work Service S.A. (hereinafter referred to as "the Issuer" or "the Company") informs that today the Issuer received an information that the Issuer's subsidiary „Industry Personnel Services” Sp. z o.o. with its registered office in Wrocław (hereinafter referred to as: "IPS") concluded with the State Fund for Rehabilitation of Disabled People with its seat in Warsaw (hereinafter referred to as: "SFRDP") an agreement on the distribution of payments into installments regarding the reimbursement of subsidies to the remuneration of disabled employees (hereinafter referred to as: "Agreement").

The Agreement covers the IPS's obligation resulting from the decision of the President of the Management Board of SFRDP of 1 Octobers 2020 (maintained in force by the decision of the President of the Management Board of SFRDP of 21 January 2021), ordering IPS to return SFRDP’s funds provided to the IPS as a subsidy for the remuneration of disabled employees for the reporting periods: March, April, August and October 2016; January – December 2017 and January, February, April – September 2018.

The obligation covered by the Agreement consists of:
1) the principal amount of PLN 2.635.099,04 (say: two million six hundred and thirty-five thousand and ninety-nine zlotys and four groszy);
2) interest in the amount of PLN 727.274,66 (say: seven hundred and twenty-seven thousand two hundred and seventy-four zlotys and sixty-six groszy).

The above decision of the President of the Management Board of SFRDP of 21 January 2021 was appealed by the IPS with a complaint to the Provincial Administrative Court in Warsaw in the part related to the reporting periods: August 2018 (refund amount: PLN 82.378,06) and September 2018 (refund amount: PLN 85.212,10).

Pursuant to the Agreement, the IPS's liability shall be paid in 60 installments, starting from July 2021 to June 2026.


As a result of the analysis, the Issuer has determined that it is justified to classify the above information as confidential information within the meaning of art. 17 clause 1 MAR, subject to publication in the form of this report.

Legal basis:
Article 17 para. 1 MAR (Regulation of the European Parliament and of the Council UE NO 596/2014 of 16 April 2014 on market abuse (Regulation on market abuse) and repealing Directive 2003/6 /EC of the European Parliament and of the Council and Commission Directive 2003/124/EC, 2003/125/EC and 2004/72/EC).

Signatures:
Iwona Szmitkowska – President of the Management Board
Nicola Dell’Edera – Vice-President of the Management Board

MESSAGE (ENGLISH VERSION)

WORK SERVICE SPÓŁKA AKCYJNA
(pełna nazwa emitenta)
WORK SERVICE S.A.Usługi inne (uin)
(skrócona nazwa emitenta)(sektor wg. klasyfikacji GPW w W-wie)
53-413Wrocław
(kod pocztowy)(miejscowość)
Gwiaździsta66
(ulica)(numer)
+48 71 37 10 900+48 71 37 10 938
(telefon)(fax)
www.workservice.pl
(e-mail)(www)
897-16-55-469932629535
(NIP)(REGON)
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
DataImię i NazwiskoStanowisko/FunkcjaPodpis
2021-07-09Iwona SzmitkowskaPresident of the Management Board
2021-07-09Nicola Dell’EderaVice-President of the Management Board

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