Brief: Arlen Acquires 50% Stake In Zaklady Odziezowe Tarnowskie Gory

Arlen SA

22/01/2026 06:59

Jan 22 (Reuters) - Arlen SA ARL1.WA:

SAID ON WEDNESDAY IT HAS SIGNED INVESTMENT AGREEMENT TO ACQUIRE STAKE IN ZAKLADY ODZIEZOWE TARNOWSKIE GÓRY

INVESTMENT IN ZAKLADY ODZIEZOWE TARNOWSKIE GORY TO BE CARRIED OUT IN FIVE STAGES OVER MAXIMUM OF 2 YEARS

IN THE FIRST STAGE, EGM OF ZAKLADY ODZIEZOWE TARNOWSKIE GORY ADOPTED A RESOLUTION TO UP SHARE CAPITAL BY 400 ZLOTYS TO 5 400.00 ZLOTYS BY CREATING 8 NEW SHARES, INTENDED TO BE ACQUIRED BY ARLEN IN EXCHANGE FOR A CASH CONTRIBUTION OF 3 MLN ZLOTYS

IN THE SECOND STAGE ARLEN ACQUIRED 50% STAKE IN ZAKLADY ODZIEZOWE TARNOWSKIE GORY FOR 7.2 MILLION ZLOTYS

TO INVEST ADDITIONAL 7 MILLION ZLOTYS IN ZAKLADY ODZIEZOWE TARNOWSKIE GORY THROUGH CAPITAL INCREASES IN STAGES 3-5

TARGETS 60% STAKE IN ZAKLADY ODZIEZOWE TARNOWSKIE GORY AFTER ALL INVESTMENT STAGES

ZAKLADY ODZIEZOWE TARNOWSKIE GORY IS A POLISH COMPANY OPERATING IN THE CLOTHING INDUSTRY AND SPECIALIZING IN THE PRODUCTION OF MEN'S CLOTHING SUCH AS SUITS, JACKETS, TROUSERS AND VESTS

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