Management Board of the Niewiadów Group – PGM S.A., with its registered office in Warsaw, announces that on December 11, 2025, the Issuer entered into an agreement to sell 330,000 shares of Fabryka Amunicji Pocisk S.A., with its registered office in Warsaw, representing 33% of the share capital and the total number of votes at the general meeting of that company. The sale price is equal to the par value of the shares being sold and amounts to PLN 33,000. The shares were acquired by a company belonging to the Issuer’s Capital Group, namely Proguns Group S.A., with its registered office in Warsaw.
The Issuer notes that the sale of shares in Fabryka Amunicji Pocisk S.A. is a further step in the implementation of the provisions of the Term Sheet entered into by Forum 119 Closed-End Investment Fund, the Issuer, Zakłady Sprzętu Precyzyjnego Niewiadów sp. z o.o., and Proguns Group S.A., as previously announced by the Issuer in Current Report ESPI No. 65/2025 dated October 21, 2025.