UNIMOT has debuted on the Warsaw Stock Exchange, PDA rate has gone up by 20%

After the successful public offer, the shares of UNIMOT moved from the NewConnect and the rights to the new shares (PDA) of J series have debuted on the Warsaw Stock Exchange. The PDA rate grew on the debut by 20% up to PLN 54, the price of shares moved from the NewConnect remained almost unchanged.

The rights to UNIMOT shares of J series issued during the public offer have debuted in the regulated market of the Warsaw Stock Exchange. The subject of trade are 2,2 million of PDA UNIMOT shares, 440 thousand of which were allocated to the individual investors. Simultaneously, shares previously listed on the NewConnect market are now admitted to trading on the regulated market. The price of shares possessed by investors before the public offer at the moment of debut remained almost unchanged, at the level of about PLN 79.

The rights to the J series will be changed into shares, in connection with registering the shares by the court of competent jurisdiction. The first day of listing the J series shares will be agreed with the National Depository of Securities and the WSE, after the proper applications are submitted by the Management Board of the Company.

– This is a very special moment to us, full of emotions. The debut ceremony is the crowning moment of the hard work of the last quarters which we have put into the development of the company and conducting the public offer. I am convinced that thanks to the resources acquired in the public offer and new shareholders on board we will be able to accelerate the development of the UNIMOT Group – said during the debut ceremony Mr Robert Brzozowski, the President of the Management Board of UNIMOT S.A.

UNIMOT S.A. has acquired about PLN 96,3 million to carry out its issuance goals within the conducted public offer. According the issuance prospectus, the acquired resources will be used to increase the working capital used in fuels trade, develop in Poland the AVIA fuel stations network, and also to create tankuj24 application for online fuel sales. The company does not exclude destining a part of the resources to carry out acquisition goals.

The offeror in the UNIMOT shares offer was the Brokerage House of Bank Ochrony Środowiska S.A. The legal advisor of the Company in connection with the Offer was Kancelaria CSW Więckowska i Partnerzy.