GPPI Spólka Akcyjna (WSE:GPP) announced a private placement of 39,378,928 series D shares at a price of PLN 0.10 per share for gross proceeds of PLN 3,937,892.80 on January 21, 2015. The transaction included participation from BRASVILLE TRADING AND INVESTMENTS LIMITED for 21,422,357 shares; for gross proceeds of PLN 2,142,235.70 and MEDFUND Fundusz Inwestycyjny Zamkniety Aktywow Niepublicznych for 17,956,571; for gross proceeds of PLN 1,795,657.10.

On January 21, 2015, GPPI Spólka Akcyjna closed the transaction.