CFI HOLDING S.A.: Completion of Private Subscription of Series K Shares
The Management Board of Intakus S.A. (the “Company”) acting pursuant to § 33 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities, hereby informs that the private subscription of Series K ordinary bearer shares (“Shares”) was completed on 26 February 2014. The subscription was conducted with the exclusion of pre-emptive rights of existing shareholders.
The shares were offered in a private subscription, which did not require a prospectus, and were fully subscribed by the designated recipients. The subscription was carried out pursuant to resolution No. 4 of the General Meeting of Shareholders dated 19 February 2014 regarding the exclusion of pre-emptive rights of existing shareholders in respect of Series I, J, and K shares, the increase of share capital with exclusion of pre-emptive rights via issuance of Series I, J, and K shares, and amendments to the Company’s Articles of Association. Series K shares will be subject to dematerialization and application for admission to trading on the regulated market of the Warsaw Stock Exchange.
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The subscription was private, conducted by the Company offering shares and the designated recipients accepting the offer (Art. 431 §2 point 1 of the Commercial Companies Code). The subscription period was from 20 February 2014 to 27 February 2014; however, since all Series K shares were fully subscribed, the subscription closed on 26 February 2014.
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The subscription involved entering into a subscription agreement with the designated recipients in accordance with the resolution of the General Meeting, so no formal allocation occurred under Art. 434 of the Commercial Companies Code. All shares were subscribed upon signing the subscription agreements on 26 February 2014.
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The private subscription covered up to 15,900,000 (fifteen million nine hundred thousand) Series K ordinary bearer shares with a nominal value of PLN 0.01 (one grosz) per share.
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The offer was not divided into tranches, and no reductions were applied.
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No formal subscription records were maintained.
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All 15,900,000 Series K shares were subscribed.
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The issue price was PLN 0.01 (one grosz) per share.
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No formal subscription records were maintained.
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Subscription agreements were concluded with one legal entity – Dom Maklerski Prospektus based in Łódź.
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Series K shares were not subscribed through sub-underwriters; no sub-underwriting agreements were concluded.
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The total value of the subscription was PLN 159,000.00 (one hundred fifty-nine thousand zloty).
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Total issuance costs amounted to PLN 2,000 net. Accordingly, the net proceeds from the issuance are PLN 159,000.00, reduced by the issuance costs. Costs incurred prior to the registration of the share capital increase are treated as prepaid expenses; after registration, the costs of issuance and introduction of Series K shares will be included in financial costs and presented in the Company’s income statement.
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The average cost of conducting the subscription was 0.013 grosz per share subscribed.
