Agora Spólka Akcyjna (WSE:AGO) entered into an investment agreement to acquire 41% stake in Stopklatka SA (WSE:STK) from Kino Polska TV Spolka Akcyjna (WSE:KPL) on February 22, 2013. Under the terms of the agreement, Stopklatka shall submit an application for T.V license to the National Broadcasting Council. Agora shall purchase from KPTV such a number of shares (offered by KPTV) that (i) the numbers of shares held by Agora and KPTV are equal, (ii) Agora's share in the share capital of Stopklatka will equal at least 41%, provided that Stopklatka shall acquire the license till December 31, 2014 and other conditions typical for such agreements are fulfilled. The parties to the investment agreement decided to jointly finance Stopklatka through a series of proportional capital increases for the total amount not lower than PLN 20 million.

Agora Spólka Akcyjna (WSE:AGO) completed the acquisition of 41% stake in Stopklatka SA (WSE:STK) from Kino Polska TV Spolka Akcyjna (WSE:KPL) on February 22, 2014.