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MESSAGE _ENGLISH VERSION_ |
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The Management Board of VIGO Photonics S.A., with its registered office in Ożarów Mazowiecki _the "Company" or "Issuer"_, in reference to the Polish Press Agency _PAP_ dispatch dated July 23, 2026, entitled "The Vigo Photonics project was not selected for funding," hereby informs that the information contained in the aforementioned dispatch may be misleading to recipients. This dispatch concerns the grant application no. FENG.01.01-IP.01-A0WW/25, project titled "Detectors and integrated detection modules for industrial and medical applications adapted for surface mounting," submitted under call no. FENG.01.01-IP.01-003/24 on March 28, 2025, which was not selected for funding. The total project budget was PLN 20,894,312.08, and funding amounted to PLN 12,554,345.38. The project received a very high rating, but the mandatory criteria were not met. Due to the high score, the company appealed to the National Centre for Research and Development _NCBR_. The appeal was dismissed, and on February 12, 2026, the company received a letter from NCBR informing it that the appeal had been dismissed. The company decided not to continue the appeal process due to other applications for funding similar to the project's scope.In Current Report No. 12/2026 dated May 29, 2026, the company provided information on another application for funding, application no. FENG.05.01-IP.01-002E/25, project titled "Detectors and integrated detection modules for industrial and medical applications adapted for surface mounting" submitted under call no. FENG.05.01-IP.01-003/25, on October 29, 2025. The project budget is PLN 19,957,302.26, and funding is PLN 12,082,892.69. The project was positively evaluated, met all criteria, and received a recommendation for funding, as NCBR informed VIGO in a letter dated May 29, 2026. The ranking list can be found at: https://www.gov.pl/web/ncbr/step-sciezka-a-technologie-cyfrowe The funding agreement for this project was signed with NCBR on June 29, 2026, as announced by the Issuer in Current Report No. 19/2026. The project is being implemented as planned, and in the Management Board's opinion, its further implementation is not at risk. The Issuer's Management Board will submit a request to the Polish Press Agency _PAP_ to correct the above-mentioned report. However, given the deadlines for corrections under the Press Law, the Issuer's Management Board deemed it necessary to immediately disclose information regarding the aforementioned projects to the public to avoid misleading the public. This information has been classified as confidential because it may have a significant impact on the Issuer's share price, as well as its reputation and credibility.
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