The Management Board of Polska Grupa Militarna S.A., with its registered office in Warsaw (“the Issuer,” “the Company”), with reference to Current Report No. 25/2022 dated December 21, 2022, hereby announces that on October 3, 2023, the eligible party, i.e., the holder of Series B subscription warrants, submitted a declaration to acquire 1,752,727 Series I shares of the Company within the registered conditional capital, paying PLN 963,999.85 as the issue price.
At the same time, the Management Board announces that the issue price has been set, in accordance with the investment agreement disclosed by the Issuer in ESPI Current Report No. 2/2023 dated January 19, 2023, at PLN 0.55 per Series I share.
The detailed terms and conditions for exercising the rights attached to Series B subscription warrants are set forth in Resolution No. 1 of the Issuer’s Extraordinary General Meeting dated December 7, 2022, the text of which was published by the Issuer in Current Report No. 24/2022 dated December 7, 2022.
The Company’s Management Board will immediately take steps to issue the shares subscribed for by the eligible person to the securities account designated by that person.
The rights attached to Series I shares will arise upon the registration of the shares in a securities account.
The Company’s share capital will be increased upon the issuance of Series I shares—that is, upon the recording of the shares in the securities account—by an amount equal to the par value of the subscribed shares.
Legal basis:
Section 3(1)(3) of Appendix No. 3 to the Rules of the Alternative Trading System: Current and Periodic Information Disclosed in the Alternative Trading System on the NewConnect Market