The Management Board of Polska Grupa Militarna S.A., with its registered office in Warsaw (the Issuer), hereby announces that on May 2, 2025, the holder of the Issuer’s Series C subscription warrants submitted a statement of subscription, within the framework of the registered conditional capital, 1,909,660 Series FA shares of the Issuer, in exchange for an issue price totaling PLN 5,347,048.
The Issuer’s Management Board announces that the issue price at which the 1,909,660 Series FA shares in question were subscribed is PLN 2.80 per share.
The detailed terms and conditions for exercising the rights attached to Series C subscription warrants are set forth in Resolution No. 3 of the Issuer’s Extraordinary General Meeting held on August 13, 2024, the text of which was published by the Issuer in Current Report EBI No. 17/2024 dated August 13, 2024.
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 FA shares shall arise upon the registration of the shares in the securities account of the person who 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 FA shares.
With reference to the content of EBI Current Reports No. 22/2024 dated December 5, 2024, No. 3/2025 dated March 4, 2025, and No. 4/2025 dated March 28, 2025, the Issuer’s Management Board reminds that, as of today, including the Series FA shares referred to in this report, 4,000,000 Series FA shares have been subscribed for and paid for in exchange for a total issue price of PLN 8,387,047. This means that the maximum number of the Issuer’s Series FA shares available for issuance has been subscribed for and paid for.
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.”