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CR 17/2024 Information on the opening of the investigation into suspected criminal manipulation of the Company’s shares by Hindenburg Research LLC

Current report no: 17/2024
Date: 20 June 2024
Time: 06:42 PM

With reference to Current Report No. 06/2024 of 15 March 2024 concerning the publication of the report by Hindenburg Research LLC (“Hindenburg“), the Management Board of LPP SA, with its registered office in Gdańsk (the “Company“), announces that on 20 June 2024 the Company received the decision on the opening of an investigation on suspicion of committing, on 15 March 2024, by persons related to Hindenburg, an offence of manipulation of financial instruments in the form of the Company’s shares listed on a regulated market organised by the Warsaw Stock Exchange, contrary to the prohibition set out in Article 15 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, by disseminating information via the internet which gave or could have given false or misleading signals as to the actual demand, supply or price of a financial instrument, i.e. an offence under Article 183(1) of the Act of 29 July 2005 on Trading in Financial Instruments.

The investigation was initiated by the Economic Crime Department of the Warsaw Metropolitan Police Headquarters and is supervised by the District Public Prosecutor’s Office in Warsaw.