The Management Board of Aforti Holding S.A. with its registered office in Warsaw (hereinafter referred to as 'the Company', 'Issuer') with reference to the current report ESPI 43/2020 of 22 July 2020 concerning the conclusion of an agreement with the broker that is to lead to indirect publication of the Issuer's subsidiary, Aforti Exchange S.A. with its registered office in Warsaw on the Main Market of the London Stock Exchange, and the current report ESPI 47/2020 of 18 August 2020 concerning the establishment of the Issuer's subsidiary AFORTI PLC with its registered office in Great Britain, the current report ESPI 50/2020 of 1 September 2020 and the current report ESPI 75/2020 of 10 December 2020 concerning the revaluation of Aforti Exchange S shares. A. informs that today the Issuer has taken up 36,363,500 shares of the new issue of Aforti PLC based in Great Britain with the total value of GBP 27,272,625 constituting the increase of the share capital of this company in exchange for the Issuer's contribution in kind in the form of 100% shares of Aforti Exchange S.A.
After the transaction Aforti Holding S.A. holds directly 100% of shares of Aforti PLC, which directly holds 100% of shares of Aforti Exchange S.A.
The activities undertaken will allow to continue the activities carried out by the broker from the United Kingdom aimed at indirect public offering of the Issuer's subsidiary, Aforti Exchange S.A. based in Warsaw on the Main Market of the London Stock Exchange and to raise up to 5 million euro in a private placement and another 4.5 million British pounds in an initial public offering on the LSE.
The increase of the share capital of the subsidiary Aforti PLC is related to the next stage of activities aimed at further implementation of the Issuer's Capital Group strategy.
Legal basis: Article 17 paragraph 1 of the MAR - confidential information
Aforti Holding SA published this content on 11 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 December 2020 16:38:03 UTC