The Management Board of Polska Grupa Militarna S.A., with its registered office in Warsaw (the Issuer), hereby announces that on April 14, 2025, the holders of the Issuer’s Series A subscription warrants submitted statements of subscription, within the framework of the registered conditional capital, 1,560,000 Series G bearer shares of the Issuer, in exchange for a total issue price of PLN 156,000.
The Issuer’s Management Board announces that the issue price at which the 1,560,000 Series G shares in question were subscribed is 10 groszy per share. The Issuer’s Management Board notes that the Issuer’s Series A subscription warrants were issued to members of the Issuer’s team, and that their issuance, along with the issuance of Series G shares, is intended as an incentive.
The detailed terms and conditions for exercising the rights attached to Series A subscription warrants are set forth in Resolution No. 2 of the Issuer’s Extraordinary General Meeting of May 29, 2020, as amended by Resolution No. 6 of the Issuer’s Extraordinary General Meeting of March 4, 2022, the text of which was published by the Issuer in Current Report EBI No. 7/2022 of March 4, 2022.
The Issuer’s Management Board reminds that, pursuant to Article 452(1) in conjunction with Article 451(2), second sentence, of the Commercial Companies Code, the rights attached to the subscribed and paid-up Series G shares shall arise upon the registration of the shares in the securities accounts of the persons who have paid for them. At that time, the Issuer’s share capital will also be increased by an amount equal to the par value of the subscribed Series G shares.
The Issuer’s Management Board notes that a total of 1,560,000 Series G bearer shares were subscribed for and paid up in exchange for a total issue price of PLN 156,000. This means that the maximum number of Series G shares that the Issuer was authorized to issue has been subscribed for and paid up.
Legal basis: Section 3(1)(3) of Appendix 3 to the Rules of the Alternative Trading System, “Current and periodic information disclosed in the alternative trading system on the NewConnect market.”