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The Warsaw Voice » Business » April 12, 2017
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Getin Noble Bank plans PLN 50 million capital increase
April 12, 2017   
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Leszek Czarnecki
Getin Noble Bank plans PLN 50 mln capital increase via private placement

Listed Getin Noble Bank plans to conduct a PLN 50 mln capital increase via an ex-rights private placement of 18.3 mln shares priced at PLN 2.73 apiece, the bank said in a market filing citing a management resolution.

The shares will be addressed to entities with capital or personal ties to lead shareholder Leszek Czarnecki, the filing reads.

The resolution is subject to GM's approval. A meeting has been called for May 9.

"One should note that the talks [with potential investors] will pertain to both the purchase of B-series shares and further long-term involvement of particular investors in increasing the capital base of the bank," Getin said in a justification to the draft GM resolution.
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