A ruling by Spain's Supreme Court, forces an investment fund to sell 3,413,680 shares of Lleida.net to its CEO, Sisco Sapena at 1,77 euros per share

The legal representatives of Mr. Francisco Sapena have already started requesting the enactment of the final judgment.

As a result, in the coming weeks, Cántabro Catalana de Inversiones SAU, SEPI Desarrollo Empresarial SAU, and Empresa Nacional de Innovación S.A. will have to make available to Mr. Francisco Sapena or to whomever he may indicate those 3,413,680 shares of Lleida.net, who in exchange for them will have to pay a total of 6,063,037.048 Million Euros.

At the closing price of last Friday, April 21, the market value of these shares is 11,162,733.6 euros.

Background

Below, and given the effect that this Supreme Court Order has on the life of the company and the legitimate interests of its shareholders, we inform the market of the background of this situation.

In  compliance with the ruling and complete and absolute respect for the Courts0 decision, Mr. Francisco Sapena's representatives have already contacted the representatives of Cántabro Catalana de Inversiones SAU, SEPI Desarrollo Empresarial SAU, and Empresa Nacional de Innovación S.A. in order to exercise the put option.