The Management Board of Aforti Holding S.A. with its registered office in Warsaw (hereinafter referred to as “the Company”, “Issuer”) with reference to the current report ESPI 43/2020 of 22 July 2020 concerning the conclusion of an agreement with the broker that is to lead to indirect publication of the Issuer’s subsidiary, Aforti Exchange S.A. based in Warsaw on the Main Market of the London Stock Exchange, and the current report ESPI 47/2020 of 18 August 2020 concerning the establishment of the Issuer’s subsidiary AFORTI PLC based in Great Britain and the current report ESPI 50/2020 of 1 September 2020 informs that on 10 December 2020 it adopted a resolution of the Management Board on the revaluation of Aforti Exchange S.A. shares based in Warsaw. The Management Board of the Company, taking into account the data prepared on the basis of the prepared estimate, valued 18 068 000 shares of Aforti Exchange S.A. (constituting 100% of the company’s capital) at the amount of PLN 141,800 thousand.
The actions taken will allow to continue the activities carried out by the broker from the United Kingdom aimed at indirect public offering of the Issuer’s subsidiary, Aforti Exchange S.A. based in Warsaw on the Main Market of the London Stock Exchange and to raise up to EUR 5 million in a private placement and another GBP 4.5 million in an initial public offering on the LSE.
The revaluation of assets is related to the next stage of activities aimed at further implementation of the Issuer’s Capital Group strategy.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information