RB: 45/2023
Date: 8 September 2023
Initiation of a process of a review of assets owned by the Calypso Fitness S.A.
Legal Basis: Art. 17 item 1 of MAR – inside information

Text of the report:

The Management Board of Benefit Systems S.A. with its registered seat in Warsaw (hereinafter, the "Issuer", "Company") herby announces that on 8 September it has made a decision to initiate a  process of a review of assets owned by the Calypso Fitness S.A. (“Calpyso Fitness” or “CF”), which can be a subject to potential acquisition by the Issuer. As a part of the potential transaction, the Issuer may acquire shares in companies with assets separated form CF in the form of five organized parts of the CF enterprise (fitness clubs). The spin-off would be carried out by transferring the five fitness clubs to three acquiring companies (whose sole shareholders are the respective shareholders of Calypso Fitness) in accordance with CF’s spin-off plan. The Issuer owns 33.33% shares in the Calypso Fitness share capital; remaining shares are in the possession of: 50.10% - Camaro Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych and 16.57% - Cal Capital sp. z o.o.