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VGO — Vigo Photonics SA News Story

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Brief: Vigo Photonics Plans To Raise About 80 Mln Zlotys Via Issue Of New Shares

BRIEF-Vigo Photonics Plans To Raise About 80 Mln Zlotys Via Issue Of New Shares

- VIGO Photonics SA VGOP.WA:

  • SAID ON WEDNESDAY EGM TO VOTE ON SHARE CAPITAL INCREASE BY UP TO 131,219 ZLOTYS VIA ISSUE OF UP TO 131,219 NEW G SERIES SHARES

  • SHARES TO BE OFFERED IN PRIVATE SUBSCRIPTION WITHOUT PRE-EMPTIVE RIGHTS FOR CURRENT SHAREHOLDERS

  • EXPECTS TO RAISE ABOUT 80 MLN ZLOTYS FROM NEW SHARE ISSUE TO FUND DEVELOPMENT PROJECTS

  • TO USE PROCEEDS TO LAUNCH INFRARED MATRIX PRODUCTION AND FUND ESTIMATED 191.8 MLN ZLOTY CONTRACT WITH PCO

  • THE OFFERING MAY ALSO INCLUDE, IF A RELEVANT DECISION IS MADE BY SHAREHOLDER WARSAW EQUITY ASI, AN ENTITY CONTROLLED BY WARSAW EQUITY MANAGEMENT, THE SALE OF EXISTING SHARES IN THE COMPANY'S SHARE CAPITAL HELD BY THE SHAREHOLDER

  • WARSAW EQUITY ASI INTENDS TO OFFER UP TO 124,800 EXISTING SHARES FOR SALE IN THE OFFERING

  • WARSAW EQUITY ASI INTENDS TO SET THE SALE PRICE AT NOT LESS THAN 600 ZLOTYS PER SHARE

  • THE FINAL DECISION OF THE SHAREHOLDER REGARDING PARTICIPATION IN THE PUBLIC OFFERING AND THE NUMBER OF SHARES OFFERED FOR SALE WILL BE MADE BY THE SHAREHOLDER TAKING INTO ACCOUNT MARKET CONDITIONS AND THE FINAL PARAMETERS OF THE PUBLIC OFFERING


Source text for Workspace: nEMbYnbcFa nEM9d2tPa
Further company coverage: VGOP.WA


(Gdansk Newsroom)

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