CR 12/2022 Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group


Current report no: 12/2022

Date: 04.03.2022

Time: 5:11 p.m.

 

With reference to CR 6 of 28 February 2022 and CR 9 of 2 March 2022, the Management Board of LPP SA, taking into consideration restrictions imposed on Russia by the European Union, made the decision to suspend operating in Russia, including, in particular, halting the development of LPP brands in Russia and withholding commodity supplies to Russia. The above-mentioned steps will be taken progressively, with due consideration of operating restrictions.

 

CR 12 2022 – Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

 

CR 11/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 11/2022

Date: 04.03.2022; 02:13 pm

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on March 04, 2022
the Company received notification about transactions in the shares of LPP from a person discharging managerial responsibilities.

The Company attaches the notification received.

 

CR 11 2022 – Information on the transactions on the issuer’s shares

Attachment CR 11 2022 – Notification 19 MAR

 

CR 10/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 10/2022

Date: 02.03.2022; 06:47 pm

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on March 02, 2022
the Company received notification about transactions in the shares of LPP from a person discharging managerial responsibilities.

The Company attaches the notification received.

 

CR 10 2022 – Information on the transactions on the issuer’s shares

Attachment CR 10 2022 – Notification 19 MAR

 

CR 09/2022 Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group


Current report no: 09/2022

Date: 02.03.2022

Time: 6:24 a.m.

 

The Management Board of LPP SA (“Company”) encloses to this report the updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group and estimated selected consolidated financial data of the LPP Group for the year 2021/22.

 

CR 09 2022 – Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

Attachment CR 09 2022 – Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

 

CR 08/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 08/2022

Date: 01.03.2022; 05:17 p.m.

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on March 01, 2022
the Company received notification about transactions in the shares of LPP from a person closely associated with a person discharging managerial responsibilities.

The Company attaches the notification received.

 

CR 08 2022 – Information on the transactions on the issuer’s shares

Attachment CR 08 2022 – Notification 19 MAR

 

CR 07/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 07/2022

Date: 01.03.2022; 5:13 p.m.

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on February 28, 2022
the Company received notification about transactions in the shares of LPP from a person closely associated with a person discharging managerial responsibilities.

The Company attaches the notification received.

 

CR 07 2022 – Information on the transactions on the issuer’s shares

Attachment CR 07 2022 – Notification 19 MAR

 

CR 06/2022 Information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

Information on the consequences of the armed conflict in Ukraine on the operations

of the LPP Group       


Current report no: 06/2022

Date: 28.02.2022

Time: 10:41 a.m.

 

Due to the war’s outbreak in Ukraine, the Management Board of LPP SA (“Company”) with its registered office in Gdańsk informs that, as at 31 January 2022 (the end of the 2021/22 financial year), the Company had 157 brand stores in Ukraine. In the 2021/22 financial year (i.e. the period of 12 subsequent months from February 2021 to January 2022), the subsidiary LPP Ukraina generated sales of PLN 713 mln i.e. approx. 5% of the Group’s entire sales.

Following the announcement of a state of martial law in Ukraine, all stores owned by the Company were closed.

Since there is no possibility of determining any future operations on the Ukrainian market, the Company intends to write off in full all assets located in the territory of Ukraine i.e. stores (investments in foreign fixed assets), inventory and cash. The total value of the said write-off will be approx. PLN 270 mln.

Simultaneously, the Management Board informs that the Company and its employees undertake numerous actions aimed at supporting the employees of LPP Ukraina, their families and relatives as well as all other people in need of help. A special contact point has been launched for persons fleeing the endangered territory, there are transport means organised to relocate refugees from the Polish border to locations inside the country, including assistance in the form of offering care and accommodation as well as financial, psychological and legal support. In warehouses located in Ukraine, the staff distributes clothing to those in need. Aid is provided also by LPP subsidiaries operating in Slovakia, Hungary and Romania. At the same time, the LPP Foundation joined by social partners and aid organisations prepares a more comprehensive project involving material aid for Ukraine.

The Company has made no decision on withdrawing its business from Ukraine yet any operations pursued there have been suspended for an unspecified period of time until conditions ensuring staff safety are restored on the Ukrainian territory.

 

CR 06 2022 – Information on the consequences of the armed conflict in Ukraine on the operations

 

CR 05/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 05/2022

Date: 11.02.2022; 5:02 pm

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on February 11, 2022
the Company received notification about transactions in the shares of LPP from a person discharging managerial responsibilities.

The Company attaches the notification received.

 

CR 05 2022 – Information on the transactions on the issuer’s shares

Attachment CR 05 2022 – Notification 19 MAR

 

CR 04/2022 Information on the transactions on the issuer’s shares

Information on the transactions on the issuer’s shares


Current Report No.: 04/2022

Date: 19.01.2022; 6:39 pm

 

The Management Board of LPP SA in Gdansk (The “Company”) announces that on January 19, 2022
the Company received notification about transactions in the shares of LPP from a Member of Management Board.

The Company attaches the notification received.

 

CR 04 2022 – Information on the transactions on the issuer’s shares

Attachment CR 04 2022 – Notification 19 MAR

 

CR 03/2022 Dates of publication of financial reports in 2022

Dates of publication of financial reports in 2022
Current report no.: 03/2022

Date: 19.01.2022; 6:15 pm

 

Basing on & 80.1 of the Ordinance of the Minister of Finance on current and periodical information

provided by issuers of securities dated 29 March 2018 (…) the Management Board of LPP SA informs

about the filing deadlines for financial reports in 2022:

  1. Annual report and consolidated annual report for 2021/22: 21 April 2022;
  2. Semi-annual report for H1 2022/23: 06 October 2022;
  3. Quarterly reports:

– Extended consolidated report for Q1 2022/23: 15 June 2022;

– Extended consolidated report for Q3 2022/23: 15 December 2022.

Basing on &62 of the Ordinance of the Minister of Finance on current and periodical information provided

by issuers of securities dated 29 March 2018 (…) the Management Board of LPP SA informs that

individual quarterly reports and individual semi-annual report for H1 won’t be published.

At the same time, according to § 79(2) of the Regulation, the Management Board of LPP SA informs

that the Company will not publish consolidated quarterly report for Q4 2021/22 or the consolidated

quarterly report for Q2 2022/23.

Additionally, the Management Board of LPP SA informs that the Company’s financial year doesn’t

correspond to the calendar year and starts from February to January of next year. Upcoming financial

year will start on 1 February 2022 and will end on 31 January 2023.

Therefore, in 2022, reporting periods will be as follows:

Q1 2021 – from 1 February to 30 April;

Q2 2021 – from 1 May to 31 July;

Q3 2021 – from 1 August to 31 October;

Q4 2021 – from 1 November to 31 January 2023.

 

CR 03 2022 – Dates of publication of financial reports in 2022