The Management Board of RESBUD SE made an offer to acquire new issued shares

The Management Board of RESBUD SE made an offer to acquire new issued shares

The Management Board of RESBUD SE continues the process of transforming Company into a modern, dynamically growing European holding company, present on the overall construction, power and civil engineering markets, and also dealing with manufacturing, logistics and delivery of materials and equipment for the construction and power sectors. As a part of the process, the Management Board of RESBUD SE made an offer to shareholders of the following companies: Energokompliekt OOO, Conpol sp. z o.o. and Uniwersim sp. z o.o., to acquire new issued shares of the Company.

The Management Board offered a total of 218.520.263 new issued shares. Pursuant to the provisions of the Ordinary General Meeting of RESBUD SE, the aim of the Management Board is to increase the Company’s share capital up to 31.66 million EUR (currently 1.91 million EUR) through non-cash contributions of shares in Energokomplekt OOO, Conpol sp. z o.o., and Uniwersim sp. z o.o. In return, the shareholders of said companies will take possession of newly issued RESBUD SE shares.

The exact number of shares that will be offered to new shareholders will be determined based on the number of shares in Energokomplekt OOO, Conpol sp. z o.o. and Uniwersim sp. z o.o eventually contributed to RESBUD SE and in proportion to the estimated value of the said shares.

The answer to a submitted offer may be given until 30 December 2020. The issuer will provide information on the submitted subscriptions by the authorized persons and the allocation of shares by 31 December 2020. If the subscription succeeds, the Company will acquire new and valuable assets in the form of majority shares in Energokomplekt OOO, Conpol sp. z o.o., and Uniwersim sp. z o.o.