In the Resolution of the Company’s Management Board, the Bond issue was declared successful and 750,000 Bonds, each with a nominal value equal to the issue price of PLN 100 and with a total value of PLN 75,000,000 were allotted. The period of subscription for the 750,000 Bonds was October 7th 2024 (inclusive) – October 18th 2024 (inclusive). The issue was not divided into tranches.
During the subscription period 1,665 Investors effectively placed 1,956 subscription orders for 4,343,485 Bonds. As a result of proportional reduction of 82.73%, the Company allotted 750,000 Bonds in response to subscription orders from 1,610 Investors. At the same time, the Company announces that the offering of Bonds has been closed.
The Bonds were acquired for cash at an issue price of PLN 100 per bond. No underwriter acquired the Bonds. The Company did not conclude any underwriting agreement in connection with the Bond offering. The issue value, understood as the product of the number of the Bonds covered by the offering and the issue price, was PLN 75,000,000. The Bonds bear interest at a variable rate equal to 3M WIBOR plus a fixed margin of 3.00 percentage points per annum.
The cost of preparing and carrying out the bond offerings, as well as promoting the offerings and preparing documentation, including the Prospectus, taking into consideration the cost of advisory services, will only be known after all issues under the Programme have been carried out. As no information is available on the total cost of the Programme and the final number of bonds issued under the Programme, the Company will announce the total and unit cost of the offerings in a separate current report, which will be published once the final bond issue under the Programme has been completed.
The costs incurred by the Company in connection with the offering of Bonds under the Programme are charged to the Company's operating expenses.