OEX S.A. called an Extraordinary General Meeting of Shareholders concerning the issuance of the D-series shares

11 April 2018

OEX S.A is planning to run a private subscription covering not more than 1.101.445 D-series ordinary bearer shares. The Management Board expects that under the issuance they will be able to acquire funds for the company amounting to PLN 20 million.

In accordance with presented draft resolutions, the Management Board will offer D-series shares to each of the company’s shareholder who will hold company’s shares in the amount representing more than 0.5% of company’s share capital, will register those shares in Extraordinary General Meeting where a resolution to increase the share capital will be adopted, who will take part in book building and will declare an intention to acquire shares at a price not lower than the issue price determined by the Management Board. Should the entitled shareholders present at the meeting not acquire all proposed D-series shares, the Management Board shall propose the acquisition offers to other entities as well. Issue price of D-series shares will be determined based on book building.

Jerzy Motz, President of the Management Board of OEX S.A. said – we believe that the most favourable way for the company to increase its share capital is the private subscription with the exclusion of pre-emptive right. This formula allows to considerably accelerate and simplify the process of share capital increase and decrease related costs. At the same time, we assume that our current shareholders (who will be granted preferences in the allotment of shares) shall be significantly involved in the issuance of shares. We also hope to obtain new shareholders, who will find the strategy of further development of OEX Group value worthwhile.

Funds acquired from issuance shall primarily be allocated to investment in further development of Back office segments, customer service and E-business, both through support of their limited development, inter alia by replenishment of working capital and possible acquisitions.

We analyse possibilities of potential acquisitions mainly for technologies that shall supplement our competences in the field of digitisation – Jerzy Motz added.

The Extraordinary General Meeting on issuance of shares was called on 14th May 2018.
Legal disclaimer:

This material is purely informative and shall in no case constitute an offer or invitation, as well as a basis, to take a decision on investment in securities of OEX S.A. (“Company”). This material is not made available in order to directly or indirectly promote purchase or acquisition of Company’s securities or to encourage, directly or indirectly, their purchase or acquirement. This material is not intended for dissemination, directly or indirectly, on the territory or to the United States of America or in other countries where public dissemination of information herein is restricted or prohibited by law. Securities referred to herein have not and will not be registered pursuant to the U.S. Securities Act of 1933 as amended and shall not be offered or sold on the territory of United States of America or in favour of  U.S. persons in the meaning of U.S. Securities Act.
w przedmiocie inwestowania w papiery wartościowe OEX S.A. („Spółka”). Niniejszy materiał nie jest udostępniany w celu promowania bezpośrednio lub pośrednio nabycia lub objęcia papierów wartościowych Spółki albo zachęcania, bezpośrednio lub pośrednio, do ich nabycia lub objęcia. Niniejszy materiał nie jest przeznaczony do rozpowszechniania, bezpośrednio albo pośrednio, na terytorium albo do Stanów Zjednoczonych Ameryki albo w innych państwach, w których publiczne rozpowszechnianie informacji zawartych w niniejszym materiale może podlegać ograniczeniom lub być zakazane przez prawo. Papiery wartościowe, o których mowa w niniejszym materiale, nie zostały i nie zostaną zarejestrowane na podstawie Amerykańskiej Ustawy o Papierach Wartościowych z 1933 r. ze zmianami (ang. U.S. Securities Act of 1933) i nie mogą być oferowane ani zbywane na terytorium Stanów Zjednoczonych Ameryki ani na rzecz osób podlegających jurysdykcji rządu Stanów Zjednoczonych (ang. U.S. persons) w rozumieniu Amerykańskiej Ustawy o Papierach Wartościowych.


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Małgorzata Fischer
+48 663 500 200