Extraordinary Announcement of 4iG PLC.

Signing of the Sale and Purchase Agreement by KZF Vagyonkezelő Ltd. for the acquisition of 100% of the shares of Poli Computer PC Ltd.

4iG PLC ('4iG') hereby informs the capital market that KZF Vagyonkezelő Ltd. ('KZF') as the major shareholder of 4iG, has signed the Sale and Purchase Agreement to acquire 100% of the shares of Poli Computer PC Ltd. ('Poli Computer'). The quota of the Poli Computer will contribute by KZF to the 4iG. The transaction will be closed following the competition supervision procedure of the Hungarian Competition Authority (in Hungarian: Gazdasági Versenyhivatal).

Poli Computer has been offering IT solutions for domestic and international large companies and small and medium-sized companies in an outsourced form since 1997, and was one of the first in Hungary to introduce IT outsourcing services. Poli Computer's sales revenue in 2019 exceeded 1,7 billion HUF.

With the acquisition, 4iG will become the largest domestically owned IT service provider in the field of outsourced and managed IT services.

Budapest, February 3th, 2021
4iG PLC

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4iG Nyrt. published this content on 03 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 10:35:02 UTC.