Deadline for setting Simple sale terms postponed

Gino Rossi and Monari decided to extend negotiations regarding terms of Simple Creative Products (Simple) until August 14.  The last condition, which should be met, is setting the financing conditions of Simple after the transaction with Bank PKO BP.   Arrangements with the bank are carried out in cooperation with Monnari, Gino Rossi informed. Last week Gino Rossi agreed to accept the price of PLN 12 million proposed by Monnari Trade for Simple if the agreement would be signed before August 10.  Monnari Trade responded that some conditions should be met before signing the agreement.