The Board of Directors of IMS S.A. (“Company”, “Issuer”), in connection with ESPI 63/2018 report informs that today the Supervisory Board of the Company issued its positive opinion on the “Muzola” Project and gave its consent to the Issuer’s participation in the special purpose vehicle which is to be established so as to implement the above mentioned Project.
Obtaining the consent of the Supervisory Board was a necessary condition for the investment agreement to be effective of which the Issuer informed in report 63/2018.