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BRIEF-Morizon plans to raise net proceeds of 11.6-15.5 million zlotys
June 12, 2017 / 8:38 AM / 2 months ago

BRIEF-Morizon plans to raise net proceeds of 11.6-15.5 million zlotys

June 12 (Reuters) - Morizon SA:

* SAID ON FRIDAY, POLISH FINANCIAL SUPERVISION AUTHORITY (KEF) ACCEPTED PROSPECTUS CONNECTED WITH ISSUANCE OF 8.5 MILLION SERIES H SHARES AND TRANSFERRING TRADING OF ITS SHARES TO MAIN MARKET

* PLANS TO GAIN 11.6-15.5 MILLION ZLOTYS NET FROM ISSUANCE OF SERIES H SHARES

* INTENDS TO ALLOCATE 5.5-7.5 MILLION ZLOTYS ON BUILDING OF ONESTOPSHOP PLATFORM, 4.5-5.5 MILLION ZLOTYS ON INCREASE OF ONESTOPSHOP NUMBER OF CLIENTS AND 1.6-2.5 MILLION ZLOTYS ON DEVELOPMENT OF EXISTING RESOURCES OF COMPANY

* SUBSCRIPTION FOR INDIVIDUAL INVESTORS TO START ON JUNE 13 AND TO LAST TILL JUNE 21 AND FOR INSTITUTIONAL INVESTORS ON JUNE 26-27

Source text: bit.ly/2sdMTBc Source text on nEiko:

Further company coverage: (Gdynia Newsroom)

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