InPoint S.A. announced a financing transaction.
July 30, 2012 at 12:00 am EDT
InPoint S.A. (WSE:IPT) announced a private placement of 1,000,000 series H bearer shares at an issue price not lower than PLN 1.50 per share on July 30, 2012. The transaction will be carried out with the exception of preemptive rights of the existing shareholders. The transaction was authorized in extraordinary general meeting.
On September 5, 2012, the company announced that the shares will be issued at PLN 1.65 per share for gross proceeds of PLN 1,650,000.