Agencja Rozwoju Przemyslu S.A. entered into a preliminary agreement to acquire RAFAKO EBUS sp. z o.o from Rafako S.A. (WSE:RFK) for PLN 0.02 million on August 5, 2020. An agreement was signed on September 28, 2020. In a related transaction, RAFAKO EBUS, with the participation of Agencja Rozwoju Przemyslu S.A. entered into an agreement to acquire Rafako Spólka Akcyjna Oddzial w Solec Kujawski (ZCP) from Rafako S.A. (WSE:RFK) for PLN 31 million. Upon the transfer of ownership of RAFAKO EBUS shares to Agencja Rozwoju Przemyslu, the owner of Rafako Spólka Akcyjna Oddzial w Solec Kujawski (ZCP) will be RAFAKO EBUS. The transaction is conditional upon, obtaining a positive result of technological research of solutions members of the ZCP, obtaining appropriate corporate approvals, approvals of financial institutions, conclusion final ZCP sale agreement. The agreement provides for a condition precedent, which is the payment of the price for Rafako Spólka Akcyjna Oddzial w Solec Kujawski (ZCP) which will be paid from part of the funds obtained by RAFAKO EBUS from Agencja Rozwoju Przemyslu as a result of the undertaken resolutions on the increase of the share capital of RAFAKO EBUS as part of the closing action. The conditional promised agreement for the sale of EBUS shares will be concluded by September 10, 2020, provided that all conditions precedent are met by September 9, 2020. As of September 10, 2020, the conditional promised agreement for the sale of EBUS shares will be concluded by October 13, 2020, provided that by October 12, 2020, the conditions precedent set out in the preliminary sale agreement for shares.