Mabion S.A. (WSE:MAB) announced a private placement of up to 1,907,281 ordinary U series bearer shares for minimum gross proceeds of PLN 190,728.10 and maximum of PLN 1,563,755.30 on May 18, 2020. The transaction will include participation from new shareholders, as the shares issued will be in accordance of the exclusion of pre-emptive rights for existing shareholders. The transaction was approved by the company's supervisory board.