CR 35/2017 Conclusion of an agreement on cooperation

Conclusion of an agreement on cooperation

                                                                                              
Current Report No.: 35/2017

Date: 24.08.2017; 17:01

The Management Board of LPP SA (the Issuer) hereby informs that on August 24, 2017 the Issuer and a company H&O Fashion Chains Ltd, based in Israel signed an agreement on cooperation on a franchise basis.

Under the agreement in 2018, the first three RESERVED stores in Israel will be opened.

The conclusion of the above-mentioned agreement is part of the implementation of the strategy of LPP Capital Group assuming expansion into new markets.