Current Report No.: 11/2021
Boryszew S.A. (“Issuer”) announces hereby, following the current report No.8/2021 of 26 April 2021 regarding the decision of Head of the Fiscal Administration Chamber in Katowice (“Chamber”) of 19 April 2021 determining overdue VAT liability of ZM SILESIA S.A. (ZM SILESIA) for 2012 in the amount of PLN 28.6 million, plus interest on outstanding tax liability of approximately PLN 16 million that on 29 April 2021 ZM SILESIA received a notice from the Head of Tax Office in Katowice on freezing bank accounts of ZM SILESIA as a security of claims in the execution of the Decision.
ZM SILESIA will undertake immediate explanations in order for its bank accounts to be release.
Importantly, due to a different assessment of the circumstances presented in the Decision, ZM SILESIA intends to appeal against the above mentioned decision to the Provincial Administrative Court.
The Company will announce further significant events associated with the above in the form of subsequent current reports.
Legal attitude: Article 17 section 1 MAR – Confidential information.
Signatures:
Andrzej Juszczyński – Vice President of the Management Board
Paweł Tokłowicz – Proxy
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.