Legal basis:
Article 17(1) MAR - confidential information.
Content:
The Management Board of INTERSPORT Polska S.A. with the seat in Cholerzyn (the “Company”) on
15 March 2018 received information on concluding a commercial premises rental contract with the
Company CENTRALNA 3 Sp. z o.o. headquartered in Kraków. In effect, from the fourth quarter of
2018 INTERSPORT Polska will increase its trading area with a 412 m2 outlet which will be located in
the newly-built outlet center in Kraków, ul. Nowohucka.
The contract was concluded for the period of 5 years from the day of delivering the premises with
the option of being prolonged. Other terms and conditions of the contract do not deviate from the
ones commonly used on the market.
The Management Board of INTERSPORT Polska points out that the newly concluded contract is
intended to allow the Company to enter with its trading offer the so-far unexplored market of outlet
sale. This will allow the Company to sell out its old collections which will be supplemented with own
brands having an attractive price and generating a high margin (thanks to purchases directly from
manufacturers according to the “New Business Model”). Further, the increase of the trading area will
have a positive impact on the Company’s turnover.