Getin Noble Bank plans PLN 50 million capital increase
April 12, 2017
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.