Report 22/2022 A package of agreements with Polish Football Association (PZPN) regarding the rights to use match results and marketing services
The Management Board of STS Holding S.A. (“Company”) informs that on 16 November 2022, STS S.A. concluded a package of agreements extending cooperation with the Polish Football Association (“PZPN”). Pursuant to those agreements, STS S.A. obtained the right to use the results of football matches, e.g. Ekstraklasa, I liga and 2 liga and the Polish Cup, as well as other marketing services.
In return, STS S.A. is obliged to pay to PZPN the amount based on the coefficient agreed by both parties. The fee will be settled each time after the end of the quarterly reporting period.
The new terms of cooperation come into force on 1 January 2023 and they will comprehensively regulate the rules of cooperation between STS S.A. and PZPN.
Legal basis: Art. 17(1) MAR