IFM Global Asset Management Sp. z o.o. announced a private placement of 200 shares at PLN 500 per share for gross proceeds of PLN 100,000 on May 23, 2016. The company issued the shares at its nominal value. The transaction included participation from existing investor, Investment Fund Managers S.A. (WSE:IFM). On closing, the investor retains its 100% stake in the company. On closing, the share capital of the company increased from PLN 1,600,000 to PLN 1,700,000. The investor acquired 5.88235% stake in the increased capital of the company. The transaction was approved at the extraordinary general meeting of shareholders of the investor.