Foxytech Sp. z o.o. announced a private placement of 10,000 common shares of par value of PLN 50 each for gross proceeds of PLN 500,000 with returning investor Sonel S.A. (WSE:SON) on April 5, 2017. The transaction has been approved by the company’s shareholders. As a result of the transaction the share capital of the company will increase from PLN 2,000,000 to PLN 2,500,000.