Current report number: 27/2018
Data: 20 June 2018
Art. 56 (1) (2) of the Act of 29 July 2005 on public trading and on conditions of introduction of financial instruments into organised trading systems and on public companies read in conjunction with §16 (1) of the Regulation of the Minister of Finance of 29 March 2009 on current and periodical information to be disclosed by security issuers and on conditions of recognition of information required by the laws of a state that is not a member-state.
The Management Board of OEX S.A. with registered office in Warsaw (‘Issuer’, ‘Company’), with reference to the Issuer’s ongoing reports No. 22/2018 dated 29 May 2018 and No. 23/2018 dated 6 June 2018, hereby presents information concerning the completed subscription of 1,101,445 (one million one hundred and one thousand four hundred and forty-five) ordinary series D bearer shares with the nominal value of PLN 0.20 (twenty Polish groszys) each (‘Series D Shares’).
Series D Shares were offered in private subscription as per the Act of 15 September 2000 – Code of Commercial Companies. The subscription of the Series D Shares was carried out in accordance with Resolution No. 3 of the Extraordinary General Meeting of Shareholders of the Company dated 14 May 2018 on the increase of the share capital of the Company by the issue of series D shares by a private subscription with the exclusion in total of the subscription rights of the existing shareholders, dematerialisation and introduction to trading on a regulated market of the Warsaw Stock Exchange of the series D shares and on amendments to the Articles of Association (the content of which was disclosed by the Company in ongoing report No. 18/2018).
The demand book building process was conducted in the period from 21-24 May 2018 and the agreements on the subscription of Series D Shares were executed by 6 June 2018 (date of subscription termination).
The Management Board of the Company allotted the Series D Shares on 6 June 2018.
The subscription comprised 1,101,445 (one million one hundred and one thousand four hundred and forty-five) Series D Shares.
No subscription applications were made within the understanding of the Polish Code of Commercial Companies. The subscription comprised 1,101,445 (one million one hundred and one thousand four hundred and forty-five) Series D Shares.
In the subscription, 1,101,445 (one million one hundred and one thousand four hundred and forty-five) Series D Shares were allotted and subscribed.
Series D Shares were subscribed at the issue price of PLN 17.00 (seventeen Polish zlotys) per one Series D Share.
Not applicable, the subscription was not divided into tranches and no applications for Series D Shares were accepted. The subscription comprised 1,101,445 (one million one hundred and one thousand four hundred and forty-five) Series D Shares.
As part of the subscription. the Series D Shares were allocated to 23 investors.
Not applicable. The Series D Share issue was not subject to a subissue obligation.
The value of Series D Share subscription amounted to PLN 18,724,565 (eighteen million seven hundred and twenty-four thousand five hundred and sixty-five Polish zlotys).
The total costs incurred by the Company in relation with the subscription of Series D Shares shall amount to: PLN 449,236.00.
The total amount comprises the costs of offer preparation and performance. No other costs were incurred by the Company as at the date of this report.
The share issue costs incurred when increasing the share capital shall be deducted from the Company’s supplementary capital.
As at the date of this ongoing report, the total cost of the subscription per one Series D Share amounted to approx. PLN 0.41.
The Series D Shares were subscribed in exchange for a cash contribution paid to the bank account.
The material presented in this document constitutes the fulfilment of information obligations imposed on OEX S.A. as a public company the shares in which are admitted to trading and quoted on a regulated market maintained by the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.). This material is for information only and the purpose of its publication by the Company is only to disclose information about the completed private subscription of ordinary series D bearer shares in the Company. This ongoing report does not intend to, directly or indirectly, promote the subscription of the shares of new issue or the sale of the Issuer’s treasury shares and does not constitute a promotional material prepared or published by the Issuer for the purposes related to the promotion of the action of new issue or the subscription or sale of the Issuer’s treasury shares and does not intend to encourage, directly or indirectly, to the acquisition or subscription, also within the meaning of Art. 53 (1) of the Polish Act of 29 July 2005 on public trading and on conditions of introduction of financial instruments into organised trading systems and on public companies, as amended, and does not constitute a promotional act within the meaning of Art. 53 (2) of that Act.
This material is not designed to be distributed, directly or indirectly, within the territory of or into the United States of America or other countries where the public distribution of information contained in this material may be restricted or prohibited by the law. The securities mentioned in this material have not been and shall not be registered in accordance with the U.S. Securities Act of 1933 and may not be offered for acquisition or sale within the territory of the United States of America with the exception of transactions that are not subject to the registration obligations as provided in that US Securities Act or on the basis of an exception from that registration obligation.
Signatures of Company’s representatives:
Robert Krasowski – Member of the Management Board
Tomasz Słowiński – Member of the Management Board