TROPHYRES (TPR): Statement of decline of the Company’s shares price - raport 37

Due to the decline of the TrophyResort's shares price in last two weeks, the Board of Directors of TrophyResort Nyrt. (“the Company”) would like to assure that does not see any fundamental reasons to explain the decrease in the company’s shares quotations.

The Company keeps its expected growth of financial data, based on this year’s periodical reports (report No. 15/2015; No. 27/2015; 35/2015) and current EBI Reports (e.g. report No. 34/2015). The Company has concluded several new partnership agreements, while has also taken further improvements on its core activity to keep the planned hotel and medical centre completion deadlines.

According to the best knowledge of the Board of Directors, within the scope of TrophyResort's activity, there were no events which could pose a threat to its financial situation. Furthermore, majority of Shareholders are long term committed and hold their positions.

In opinion of the Board of Directors real business value at the present time have no direct connection with the market price of the Company’s shares.

Legal basis: § 3, subparagraph 1 of the Exhibit 3 (Current and Periodical Information in the Alternative Trading System on the NewConnect Market) to the Alternative Trading System Rules.

Osoby reprezentujące spółkę:
Petronella Öregné Kocsis - Chairman of the Board of Directors