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5 months ago
BRIEF-Work Service signs lock-up agreement on Exact Systems share disposal limitations
March 14, 2017 / 4:43 PM / 5 months ago

BRIEF-Work Service signs lock-up agreement on Exact Systems share disposal limitations

March 14 (Reuters) - Work Service SA:

* Signs with its unit (Exact Systems), mBank and 2 shareholders of unit a lock-up agreement on Exact Systems share disposal limitations

* Agreement has been concluded in connection with proceedings ongoing before Polish Financial Supervision Authority (KNF) on approval of prospectus made for unit's IPO

* Under the agreement the company in period of 12 months starting on a day following date of unit's IPO, shall not offer and sale of unit's shares

* The company owns now 7.6 million shares of Exact Systems representing 69.09 pct of stake Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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