The Executive Board of Apator SA announces that on 5th February 2021 it received the copy of lawsuit filed by PySENSE Sp. z o.o. against Apator SA, which in the opinion of the Executive Board is unfounded.

The suit was brought to Regional Court in Torun, 6th Economic Department and regards payment of the amount of 21.526.688,09 PLN, which consists of

• compensation based on art. 471 of the Civil Code for the damage due to failure of Apator SA to perform the contract on cooperation of 31st October 2018 in the scope of manufacturing by PySENSE Sp. z o.o. the communication modems for electricity meters of Apator SA in the amount of 21.347.389,20 PLN (i.e. 20.502.193,30 PLN plus statutory interest for delay from the due date 01.04.2020 in the amount of 845.195,90 PLN),
• remuneration for transfer of property copyright by PySENSE Sp. z o.o. to Apator SA in the amount of 115.263,57 PLN (that is 110.700 PLN plus statutory interest for delay from the due date 01.04.2020 in the amount of 4.563,57 PLN)
• remuneration for granting Apator SA software license in the amount of 64.035,32 PLN (that is 61.500 PLN plus statutory interest for delay from the due date 01.04.2020 in the amount of 2.535,32 PLN).

As it was indicated at the beginning, the Executive Board of Apator SA considers the statement of claim as unfounded and it will be requested to dismiss the statement of claim in total.