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Fabrity Holding S.A — Share Issue/Capital Change 2021
May 24, 2021
5666_rns_2021-05-24_a0fc7915-8198-45b8-ab1b-bc2545644990.html
Share Issue/Capital Change
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Completionof third offering of shares in Aforti PLC private placement
TheManagement Board of Aforti Holding S.A . based in Warsaw (the "Company","Issuer"), in reference to the ESPI Current Report 25/2021 dated 4 May2021 regarding the completion of the second offering of shares in AfortiPLC's private placement informs that today the Issuer has been informedby its subsidiary Aforti PLC, based in London, that it completed on21.05.2021 the third offering round of new issue shares in its privateplacement.
Thethird round was attended by 53 individual investors who subscribed for atotal of 1,058,472 Aforti PLC shares for £899,708 confirming a valuationof the company after paid-in capital of approximately £32.49 million.The subsidiary will commence a fourth round of offering its shares in aprivate placement from 24 May 2021.
Also,on 21 May 2021, the Issuer entered into agreements for the sale ofAFORTI PLC shares with 113 individual investors, the aggregate value ofwhich can be considered significant. Aforti Holding S.A. made a totalsale of 5,028,170 Aforti PLC shares at a price of £0.85 per share.
Followingthe transaction Aforti Holding S.A. directly holds 31,335,430 shares inAforti PLC (representing 81.96% of the share capital), whilst 193individual investors hold 6,896,432 shares in Aforti PLC (representing18.04% of the share capital) with a total value of £5,861,967.
Theactions taken allow the continuation of activities carried out by a UKbroker aimed at indirectly floating the Issuer's subsidiary, AfortiExchange S.A., headquartered in Warsaw, on the Main Market of the LondonStock Exchange and raising up to €5 million in a private placement, aswell as raising an additional £4.5 million through an initial publicoffering on the LSE.
Theoffering of new issue shares in a private placement of Aforti PLC andthe sale of Aforti PLC shares by the Issuer is connected with the nextstage of activities aimed at further implementation of the strategy ofthe Issuer's Capital Group.