Current Report No. 9/2019: Letter of intent signed to set key terms of business acquisition of Wonga.pl

The Management Board of KRUK S.A. (“KRUK, Issuer”) announces that, following a negotiation process, on March 15th 2019 KRUK and WONGA WORLDWIDE LIMITED (IN ADMINISTRATION)  of Manchester (the “Seller”) signed a letter of intent (the “Letter of Intent”) defining the key terms of a transaction to sell all shares in Wonga.pl sp. z o.o of Warsaw (the “Company”) by the Seller. The Company operates in the consumer lending market. In accordance with the Letter of Intent, the sale transaction is conditional on acquisition clearance from the President of the Office of Competition and Consumer Protection (UOKiK). The agreement will be announced by the Issuer promptly after its execution in a separate current report.

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