Current report no.: 4/2025
Date: 12.03.2025
The Management Board of Vigo Photonics S.A. with its registered office in Ożarów
Mazowiecki (the "Company", "Issuer"), in reference to current report no. 26/2024 dated
12 September 2024, informs that on 12 March 2025 the deadline for the Company to fulfil
the conditions allowing for the implementation of the financing agreement concluded on
12 September 2024 with the European Investment Bank ("EIB") (the "Financing
Agreement" or "Agreement") expired.
The Company has decided not to fulfil the above conditions. In connection with the above,
the condition precedent resulting from the Agreement was not fulfilled, and
consequently, no legal consequences resulting from the Agreement arose. Therefore, the
Financing Agreement did not enter into force. At the same time, the agreement on the
issue of subscription warrants to the EIB ("Warrant Agreement") did not enter into force.
Due to the lack of entry into force of the Financing Agreement and the Warrant
Agreement, cooperation with the EIB was terminated.
The lack of entry into force of the Financing Agreement and the Warrant Agreement will
not have any negative financial consequences for the Company. At the same time, the
Company will continue its activities aimed at securing other sources of financing for its
operations.
Legal basis: Article 17 section 1 of MAR - confidential information