Preliminary arrangements with INTERSPORT Deutschland eG.
Legal grounds:
Art. 17 Section 1 MAR: confidential information
The Management Board of INTERSPORT Polska S.A. Company with the seat in Cholerzyn informs that on 5 October 2016 it made preliminary arrangements with INTERSPORT Deutschland eG (IDE) with the seat in Heilbronn, Germany. Based on the arrangements, starting from 2017, after certain prerequisites have been satisfied, in particular after the settlement of liabilities resulting from the sale of the 2016/2017 autumn-winter collection INTERSPORT Polska S.A. (the Company) could purchase own labels of INTERSPORT Polska directly from INTERSPORT International Corporation (IIC) with
the seat in Bern, Switzerland rather than, as so far, through IDE.
The change of the so-far purchase model, in use since 2006, in respect to own labels of INTERSPORT is intended to enable the Company to obtain higher margins on the sale of own labels and increase their share in total sale.
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