EMH and Jaroslaw Mikos want to sell on 27,18% stake in Virtual Poland – Polish Radio

“the Offer is individual includes up to 7 793 229 ordinary shares constituting not more than 27,18% of the share capital and giving the right to perform not more than 19,51% of votes at the General meeting of the society, including 7 469 177 shares offered EMH and 324 052 shares offered Yaroslav Mikosa”, – stated in the message.

Offer is individual available only for qualified institutional investors, as final options sale of shares in the private offer will be identified in the process of accelerated book manufacturers demand, is also given.

In connection with the offer bathtub, EMH has pledged compliance with the 180-day period of limitation of competitiveness of other owned shares of our common stock.

“in addition, in connection with the offer of a bath, Michael Branicky, Michael Sirota and Gleb Svidersky (founders), as well as companies controlled by the founders – 10X S. A., Albemuth Investments S. A. and Orfe S. A. (the founders of the company) promised compliance with the 180-day period of limitation of competitiveness of other available shares, and to vote at the General meeting of shareholders with the shares against the resolution relating to the issuance by the company of new shares or other securities of the parts for new shares of the company, with the exception of emissions of new shares with pre-emptive right to protection of all shareholders in the case that the founders or their affiliates intend to participate by means of subscription for shares in the performance of the pre-emptive rights granted to them”, reads.

Pekao Investment Banking, UniCredit Bank AG, Branch in London and Ipopema Securities act as global coordinators and mBank performs the role współprowadzącego book demand.

Group Virtual Russia owns one of the two most popular Polish horizontal Internet portal Virtual Poland. Also leads portal horizontal o2 and to numerous specialized portals wertykalne, including, in particular, portals, thematic business Money.pl and Biztok, portals on new technologies – for example, Dobreprogramy, portals on sports-themed – for example, Sports Facts, and portals about the quality of entertainment – for example, Silly. The company is listed on the WARSAW stock exchange in may 2015.

(“war and peace