Ghelamco Invest sp.z o.o. ("The Issuer") informs that on March 15, 2019, the Issuer allocated PPN series bonds.
The subject of the offer was 250,000 PPN bearer bonds ("Bonds"). The issue value, understood as the product of the number of Bonds covered by the offer and their nominal price was PLN 25,000,000.
The nominal price of one Bond was PLN 100. The issue price of one Bond depended on the date of subscription and was:
Date of subscription The Issue Price of one Bond in PLN
March 7, 2019. 99.65
March 8, 2019: 99.66
9 March 2019 99.68
10 March 2019 99.70
11 March 2019 99.71
12 March 2019 99.73
13 March 2019 99.74
14 March 2019 99.76
Subscription to the offered 250,000 Bonds was held from March 7, 2019 (inclusive) to March 14, 2019 (inclusive) . The offer was not divided into tranches. The allotment of the Bonds was made on March 15, 2019.
During the subscription period, 424 Investors subscribed for 332,145 Bonds.
The Company allocated all 250,000 Bonds offered to 415 Investors.
The company made a proportional reduction of subscriptions submitted from March 13, 2019 (Day of Exceeding Subscriptions) to March 14, 2019 in accordance with the principles described in the base prospectus approved by the Polish Financial Supervision Authority on August 9, 2018. Average rate the allocation of these entries was 7.62%, which means that each entry was reduced by an average of 92.38%.
The total value of payments under 250,000 allocated Bonds (gross proceeds from the issue) will be PLN 24,924,447.44. The total costs that were included in the cost of issue of the Bonds amounted to PLN 961.793, of which the commission for placing the Bonds amounted to PLN 762,175. Other costs are related to the preparation and organization of the offer, consultancy costs and offer promotion. The costs indicated above will be covered and settled in the Issuer's accounting books as costs of basic financial activity.
The company did not conclude underwriting agreements in connection with the offer of the Bonds.
The report was prepared on the basis of: par. 16 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information published by issuers of securities and conditions for recognizing as required equivalent informationnon-pa law.
Source: company website, investor relations, current and periodic reports.