We hereby would like to inform you that the Management Board of Startit Fund Sp. z o.o. [Ltd.] adopted the resolutions of following numbers on May 26, 2017: 1/5/2017, 2/5/2017 and 3/5/2017. They regard such respective notions as the assignment of Company's previous service activity to its subsidiary, the adoption of Investment Policy of its Alternative Investment Fund, as well as the adoption of the Investment Strategy for the said Alternative Investment Fund.
The business focus of Startit Fund Sp. z o.o. [Ltd.] is now solely comprised of managing an Alternative Investment Company (AIC) that constitutes the aforementioned Alternative Investment Fund within the meaning of the Act on Investment Funds and the Management of Alternative Investment Funds dated May 27, 2004 (Journal of Laws 2016, item 1546, as amended).
In consideration of the above, Startit Fund Sp. z o.o. [Ltd.] is currently only performing an investment activity, whilst any service-related activity has been transferred to the scope of activity of its dedicated subsidiary, namely Startit Fund Sp. z o.o. Sp. k. [Ltd. & LP].
Additionally, please note that pursuant to article 70zc, section 1 of the Act on Investment Funds and the Management of Alternative Investment Funds dated May 27, 2004 and in connection with article 54, sections 1 and 6 of the Act amending the Act on Investment Funds and certain other acts dated March 31, 2016 (Journal of Laws of 2016, item 615) we - acting as Startit Fund Sp. z o.o. [Ltd.], namely a capital company that is an alternative investment company itself, also conducting its activities related to the internal management of an AIC - submitted an application for entry into the register of AIC Managers to the Polish Financial Supervision Authority.
We would like to bring attention to that resolution no. 1/5/2017 of Startit Fund on the assignment of Company's previous service activity to its subsidiary is superior to the content of the website, while any therein contained mentions concerning an activity based on service performance either pertain to Startit Fund Capital Group or the subsidiary that has been dedicated to the performance of service activities.