WDX : CR 31/2017 – Publication of delayed confidential information

Management Board of WDX S.A. ('Issuer', 'Company') based in Warsaw, acting on the basis of Article 17, passage 1 and 4 of the Regulation of the European Parliament and the European Council Europe no. 596/2014 of 16 April 2014 on transgressions on the market and repealing Directive 2003/6/EC of the European Parliament and the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC ('MAR Regulation'), communicates the following delayed confidential information identified in the Company:

'Management Board of WDX S.A. based in Warsaw ('the Company'), acting on the basis of Article 17, passage 1 of the Regulation of the European Parliament and the European Council (EU) No. 596/2014 of 16 April 2014 on transgressions on the market (the regulation on transgressions on the market) and repealing Directive 2003/6/EC of the European Parliament and the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L. of 2014 No. 173, p. 1, as amended, MAR Regulation'), informs that on 12 July 2017 it took resolution no. 1/2017 on expressing consent for WDX S.A. no enter into a confidentiality contract with Abris Capital Partners Limited, acting on behalf of Abris CEE Mid - Market Fund III L.P. ('Potential Investor'), and signed it. The goal of the confidentiality agreement is to enable the Potential Investor to obtain information on the condition of the Company and its group in order to evaluate the merits of a potential transaction consisting in capital investment ('Potential Transaction'). At the same time, the Company's Board raises the issue that, currently, the Company is not a party of negotiations with the Potential Investor with regard to the Potential Transaction. In the event that the Company is notified by either Party of the Potential Transaction about conclusion of legally binding documentation concerning the Potential Transaction or the Potential Investor's withdrawal from the Potential Transaction, the Company's Board transfers appropriate information in a separate current report.'

In the Issuer's opinion, a delay in communication of the aforementioned confidential information fulfils the conditions specified in Article 17, passage 4 of the MAR Regulation. Its immediate disclosure would otherwise interfere with legitimate interests of the Issuer, i.e. disclosure of the confidential information could result in resignation of Abris CEE Mid - Market Fund III L.P. from this capital investment, which would prevent the Company from acquiring the financial investor to support its development and strategic activities; it would also result in a loss of chance for WDX S.A. to acquire capital for increasing the scale of the Company's operations. Moreover, disclosure of this information - in case this investment is not made - would result in a probable negative market reception of the fact that this investment was not made, which in consequence would possibly result in loss of the current position and market status by WDX S.A. At the same time, a delay in disclosure of the aforementioned confidential information did not mislead the general public because no information regarding Abris CEE Mid - Market Fund III L.P.'s interest in the Company was publicly available.

At the same time, the Company ensured confidentiality of information covered by this report.

Owing to the fact that the Issuer obtained today, i.e. on 8 December 2017, 'Notification of signing agreements relating directly to WDX S.A.' from WOHO Holdings Limited, based in Nicosia, Cyprus, a subsidiary of Abris CEE Mid - Market Fund III L.P.'s - about which he notified in the current report no. 30/2017 of 8 December 2017 - and which includes a statement of WOHO Holdings Limited, based in Nicosia, as a subsidiary of Abris CEE Mid - Market Fund III L.P., concerning the planned investment in the Company, the reason for further delay in disclosure of the aforementioned confidential information cease to exist, therefore there are no grounds to further delay its disclosure.

Pursuant to the content of Article 17, passage 4, third paragraph of MAR, immediately after publication of this report the Company will inform the Financial Supervision Authority about the delay in disclosure of the aforementioned confidential information, along with indication of fulfilment of conditions for such a delay.