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July 17, 2023

Other information - Equilor: Gloster is a larger company, but growing at a significant pace

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Other information - Equilor: Gloster is a larger company, but growing at a significant pace
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OTHER INFORMATION

Gloster Infokommunikációs Nyilvánosan Működő Részvénytársaság (company registration number: 13-10-042012; registered office: 2142 Nagytarcsa, Csonka János utca 1/A A/2.; hereinafter: Company, Gloster) hereby informs its esteemed investors of the following in accordance with the Xtend General Business Regulations of the Budapest Stock Exchange and the relevant legislation.

Equilor: Gloster is a larger company that is growing at a significant pace.

Equilor Investment Ltd. (hereinafter: Equilor) responded briefly to the Company's Order backlog published last week. According to Equilor's brief analysis today, the growth in the order backlog reflects Gloster's growth trajectory with increasingly smaller fluctuations. With the increase in the number of orders and the expansion of services, the scheduling of order fulfillment is becoming more balanced, and long-term orders are becoming increasingly important. The 2023 figures show a larger company that is still growing at a significant pace. Equilor has not changed its target price for the share: it remains at HUF 1,396, with aHoldrecommendation.

Equilor's investment analysis is attached.

This information sheet Gloster Infocommunications Plc. (registered office: 2142 Nagytarcsa, Csonka János u. 1/a). This prospectus contains only factual information and reasonable conclusions based on reasonable calculations, which have been disclosed by the persons entitled to do so in accordance with the relevant legal obligations. This information does not constitute an "investment recommendation" within the meaning of Section 5(1)(9) of the Tpt. (Act CXX of 2001 on the Capital Market) and is not subject to the Bszt. (Act CXXXVIII of 2007 on Investment Firms and Commodity Exchange Service Providers and the Rules Governing their Activities) and does not contain any investment analysis, financial instrument, exchange-traded products or their issuers, the disclosure of which, in itself or in any other way, could influence investors to make their own or other people's money or other assets, in whole or in part, dependent on the effects of the capital market. Gloster Infocommunications Plc. and its representatives accept no responsibility for investment decisions based on conclusions drawn from the information contained in this prospectus, or for any adverse legal consequences or financial losses resulting therefrom.

Nagytarcsa, 17 July 2023.

Gloster Infocommunications Plc.

Further information:

Dr Eszter Bassola

Investor Relations Officer

bassola.eszter@gloster.hu

Gloster company logos icon
PDF
Other information - Equilor: Gloster is a larger company, but growing at a significant pace
Download
Attached documents
Steady growth in order books
Download
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