Agreement setting preliminary framework terms and conditions for acquisition of rights to Fagor brand ('Term Sheet')

The Management Board of Amica SA with its registered office in Wronki ('Amica') announces that on 20 December, Amica and Fagor S. Coop. entered into the agreement setting preliminary framework terms and conditions for acquisition of rights to Fagor brand ('Term Sheet').

The provisions of the Term Sheet set the preliminary terms and conditions for granting Amica a license to use 'Fagor' trademark for large household appliances.

Amica has been granted the right to conduct negotiations leading to the conclusion of the final exclusive license agreement by 15 February 2019, with the option to extend this time limit until 28 February 2019.

Amica will inform about the result of the above-mentioned negotiations in a separate current report.

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Amica SA published this content on 21 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 December 2018 14:54:01 UTC