Welcome letter

I am pleased to inform our esteemed shareholders on behalf of Polaris IT Group SA that the greatest event took place in the history of our company in the past few days as the Polish Company Registration Court registered the resolutions of the shareholders’ meeting made on the 6th day of July 2020. As a…

Obtaining subsidy for employment.

Polaris IT Group SA informs that the application for a subsidy, submitted by the Issuer’s subsidiary iSRV Zrt., in the competition “Encouraging professional expansion”, has been positively considered, and the Company will receive a subsidy in the amount of HUF 41,983,200 (approx. PLN 518,000) in under this economic development support program. As part of the…

Information about the Ordinary General Meeting

At 6 of July 2020 the Ordinary General Meeting adopted the report on the Company’s activities and the financial statements of 2019. In accordance with the strategy announced before, to reposition the company and turn it into an Information Technology company, after months of professional and takeover negotiations, the Ordinary General Meeting decided to issue…

Dates for providing periodical reports in 2020

The Management Board of Ark Royal SA fixed the following dates for providing periodical reports in 2020: 2019 Annual Report: February 28, 2020 Q1 2020 Quarterly Report: May 15, 2020 Q2 2020 Quarterly Report: August 14, 2020 Q3 2020 Quarterly Report: November 13, 2020 Legal basis: §6 section 14.1 of Exhibit 3 to The ATS…

Information on company development plans

The new management’s strategic goal is to reposition the company and turn it into an Information Technology company, providing competitive and innovative solutions, based on artificial intelligence, complex hardware and software developments. For the purpose of this reposition, the management has set up a new business line,, focusing on technological advisory activity, using the management’s…

Resignation Mr. Bilal A. Noor, the Chairman of the Board.

Mr. Bilal Noor, the main shareholder and President of the Management Board of Ark Royal SA, announced his intention to sell his shares and resign from the Management Board. The transaction took place on August 1, 2019, Dr. Gergely Bárdos became the main shareholder, who was also appointed to the Company’s Supervisory Board. The Supervisory…