Public offer of shares
At present Bipromet S.A. does not conduct any public offer of its shares and other securities.
Information about first public offer of Bipromet S.A. (IPO):
The first public offer of Bipromet S.A. (IPO) shares took place in the fall of 2007. As a result on 31st of October 2007 Bipromet securities debuted on Warsaw Stock Exchange. The information about IPO are presented below.
THE OFFEROR:
Dom Maklerski Capital Partners S.A. [Capital Partners Brokerage House], ul. Królewska 16, 00-103 Warszawa.
LEGAL FOUNDATION OF EMISSION:
The legal foundation of E Series Shares emission were resolutions no 8, 8a of Issuer's Annual General Meeting on 26th March 2007.
DESCRIPTION OF TYPE AND KIND OF THE OFFERED SECURITIES:
Subject of the Public Offer is 750,000 Shares of E Series and 570,000 of Current Shares of C Series. Subject of applying for release for free circulation on the market regulated on the basis of this Prospect are Current Shares and from 1 to 750,000 Shares of E Series - usually to the bearer, of nominal value each PLN 0,10 and from 1 to 750,000 Rights to Shares of E Series (PDA).
DIVISION OF OFFER INTO TRANCHES:
The Offered Shares in the amount of 1,320,000 were offered in the following tranches:
- 320,000 Shares of E Series within the range of Individual Investor's Tranches,
- 430,000 Shares of E Series and 570,000 of Current Shares within the range of Institutional Investor's Tranches.
ISSUE PRICE OF ONE E SERIES SHARE:
Issue price of one E series share was PLN 25.00.
PUBLIC OFFER PREREQUISITES OF E SERIES SHARES AND DESCRIPTION OF INCOME USE:
The Issuer is going to spend the gained resources in the following way and in the order in accordance with of the schedule and priorities:
- Financing of controlling interest take-over in chosen companies - from ca. PLN 8.4 mln to PLN 10 mln.
- Finance strengthening and development of building company activity (PB Katowice SA - dependent subject) - from ca. PLN 5.7 to PLN mln.
- Completing the working assets - from ca. PLN 3.8 mln to PLN 4.7 mln.
OFFER CLOSING DATE
| ACTIVITY | CLOSING TIME |
|---|---|
| Demand Book Building | 11 October - 15 October 2007 |
| Making public the Issue Price | 15 October 2007 |
| Accepting entering for Offered Sharers in Individual Investor's Tranches. | 16 - 19 October 2007 |
| Accepting entering for Offered Sharers in Institutional Investor's Tranches | 16 - 19 October 2007 |
| Allocation of shares | 23 October 2007 |
|
Closing Tendering Date |
October 2007 |
DATE OF PROSPECTUS ACCEPTANCE BY KNF:
Bipromet S.A. Prospectus was accepted by Komisja Nadzoru Finansowego [Polish Financial Supervision Authority] on 28th September 2007.
THE NUMBER OF SHARES ALLOCATED IN THE SCOPE OF SUBSCRIPTION:
In the scope of subscription 750,000 of ordinary bearer shares of E Series were allocated and 140,602 of Current Shares including:
a. Shares in the scope of Individual Investor's Tranche - 163,249 shares
b. Shares in the scope of Institutional Investor's Tranche - 727,353 shares.
