X-Trade Brokers Dom Maklerski S.A. (the “Company”) hereby publically announces the completion of the public offering of the sale by XXZW Investment Group S.A. (the “Selling Shareholder”) of 16,433,709 series A shares with a nominal value of PLN 0.05 each (the “Offer Shares”).
All capitalised terms used in this current report and not defined otherwise herein have the meanings ascribed to such terms in the prospectus regarding the shares in the Company approved by the Polish Financial Supervision Authority on 13 April 2016.
1) The sale of the Offer Shares was opened on 18 April 2016 and was closed on 28 April 2016.
Date of the opening and closing of the subscription for Retail Investors:
opening of the subscription – 18 April 2016; and
closing of the subscription – 25 April 2016.
Date of the opening and closing of the subscription for Institutional Investors:
opening of the subscription – 27 April 2016; and
closing of the subscription – 28 April 2016.
2) The Offer Shares were allotted on 29 April 2016.
3) Out of the total of 16,433,709 Offer Shares:
a) 1,644,000 Offer Shares were offered to Retail Investors; and
b) 14,789,709 Offer Shares were offered to Institutional Investors.
4) Reduction rate for individual tranches:
a) the reduction rate among the Retail Investors was: 53.51%; and
b) there was no reduction among the Institutional Investors.
5) Pursuant to the offering of the sale of the Offer Shares, a total of 18,461,192 shares were subscribed for as follows:
a) Retail Investors placed subscription orders for 3,536,401 shares; and
b) Institutional Investors placed subscription orders for 14,789,709 shares.
6) Pursuant to the offering of the sale of the Offer Shares, the Selling Shareholder allotted 16,433,709 Offered Shares as follows:
a) a total of 1,644,000 Offer Shares were allotted to Retail Investors; and
b) a total of 14,789,709 Offer Shares were allotted to Institutional Investors.
7) The Offer Shares were acquired at the price of PLN 11.50 per Offer Share.
8) 1,789 investors placed subscription orders for the Offer Shares, of which:
a) 1,694 were Retail Investors; and
b) 95 were Institutional Investors.
9) The Selling Shareholder allotted 16,433,709 Offer Shares to 1,789 investors, of which:
a) 1,694 were allotted to Retail Investors; and
b) 95 were allotted to Institutional Investors.
10) No shares in the Company were acquired by the Underwriters pursuant to the Underwriting Agreements.
11) The value of the completed public offering of the sale of 16,433,709 Offer Shares was PLN 189.0 million.
12) As at the date of this report, the Company does not have information about the final settlement of the costs of the issue. Such costs will be publicly announced in the form of a current report after the Company has received lists of all such costs from the entities involved in the work on the preparation and conduct of the Offering and has approved such costs.
13) As at the date of this report, the Company does not have information about the final settlement of the costs of the issue; therefore the average cost of conducting the sale per Offer Share is unknown. Such costs will be publicly announced in the form of a current report after the Company has received lists of all such costs from the entities involved in the work on the preparation and conduct of the Offering and has approved such costs.
Legal basis: Article 56 section 1 item 2 letter a) of the Act of 29 July 2005 on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, in connection with § 33 section 1 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities, and the conditions for recognising as equivalent information required under the laws of a non-member state.
Download