Sfinks Polska S.A. (WSE:SFS) announced a private placement of 3,000,000 P series shares at a price of PLN 1 per share for the gross proceeds of PLN 3,000,000 on July 12, 2019. The transaction will include participation from president Sylwester Cacki for 2,500,000 shares and Cacek for 500,000 shares. The subscription date of the transaction is July 29, 2019. The transaction was approved by board of directors of the company.