LUG Light Factory

LUG S.A. - the best NewConnect Company of 2017

22 March 2018

Editorial office of Investors and Stock Exchange magazine "Parkiet" presented capital market awards for the 24th time "Byki i Niedźwiedzie" ("Bulls and Bears") and "Złote Portfele" ("Golden Wallets") awarded to the best companies, institutions and personalities of the Warsaw Stock Exchange. The statuette in the category "Company of the year from the NewConnect market" was awarded to the LUG S.A. Capital Group.

During this year's gala of "Bulls and Bears", which took place on March 21, 2018 at the headquarters of the Warsaw Stock Exchange, prizes for the best companies of the Polish capital market were distributed. The Bull statuette for the "Best company on the NewConnect market" was won by LUG S.A. The other nominees in this category were: MedApp and Aforti Holding.

The competition jury justifying the award to LUG S.A. of Zielona Góra mentioned the fact that the Company adopted a new strategy and significantly improved its results. The rate increased by 160 percent and NCIndex lost over 9 percent.

- "I am honored! The prize is a significant distinction. Last year it had been ten years since our debut on the NewConnect market. The Bull statuette is the crowning achievement of the efforts put into the development of the Company and the construction of the LUG brand. I would like to thank all employees and partners who have contributed to this success. Special gratitude has to be extended to investors who, throughout all our years of presence in the capital market, believed in us and were not indifferent to our previous year's successes, both in terms of international expansion and financial results. Our goal is to be the market leader of system solution manufacturers of professional lighting technology, which is why we are constantly improving and we are looking for new ways to develop. We are constantly taking up new challenges. Such an award ennobles and inspires us to continue working. " - commented on the award Ryszard Wtorkowski, the President of the Management Board of LUG S.A.

The "Bulls and Bears" award is the most important and the oldest distinction awarded to the best companies and capital market institutions by the Investors and Stock Exchange magazine "Parkiet". Organizing these types of events is aimed at promoting professionals, companies and institutions that contribute to its development.

This is another award granted to the company in the last few months. LUG S.A. is a winner of industry and business awards. Last year, the company was awarded with the title of Lubuskie Business Leader, the main prize in the competition "The Best Annual Report 2016" in the category of companies from the NewConnect market for the best annual report. In February this year, the Association of Stock Exchange Issuers nominated the company in the "Golden Website of the Issuer" competition, in which the winning prizes went to the company a total of six times. The beginning of the year also brought LUG industry awards, including the title of the Best Lighting Investment 2017.