January 3, 2018 / 11:20 AM / 6 months ago

BRIEF-PFR FUND Raises Stake In Rafako To 9.9 pct

Jan 3 (Reuters) - RAFAKO SA:

* PFR FUND, THE POLISH ENTERPRISES INVESTMENT FUND FIPP FIZ AN, RAISES STAKE IN CO TO 9.9 PCT FROM BELOW 0.01 PCT FOLLOWING CO’S CAPITAL INCREASE

* IN OCT., FIPP FIZ AN SIGNED AGREEMENT TO ACQUIRE PRE-EMPTIVE RIGHTS ENTITLING TO ACQUISITION OF MAXIMUM OF 12,615,768 RAFAKO SERIES K SHARE

* IN JULY RAFAKO INFORMED ABOUT ITS PLANS TO RAISE 150-180 MILLION ZLOTYS FROM SERIES K ISSUE

* ALSO IN JULY, THE COMPANY SIGNED LOI REGARDING COOPERATION WITH FIPP FIZ AN AND PFR ‍​

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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