Erste Bank Polska SA GPW:EBP:

  • TO SELL ONE SHARE OF ERSTE TFI TO AN ERSTE GROUP ENTITY FOR EUR 2,924

  • PLANS FOR ERSTE GROUP ENTITY TO TAKE CONTROL OF ERSTE TFI AS PART OF NEW INVESTMENT PRODUCT DISTRIBUTION MODEL

  • ESTIMATES ONE-OFF IMPACT ON CONSOLIDATED NET RESULT AT ABOUT 540 MILLION ZLOTYS FROM VALUATION OF REMAINING TFI SHARES

  • ERSTE TFI TO LOSE SUBSIDIARY STATUS AS A RESULT OF PLANNED TRANSACTION AND BE ACCOUNTED FOR AS ASSOCIATE USING EQUITY METHOD