Current Report No. 9/2022: Allotment of bonds issued under the Eighth Bond Issue Programme
Further to Current Report No. 5/2022 of January 19th 2022 on the Eight Bond Issue Programme (the “Programme”), the Management Board of KRUK S.A. (the “Company”) announces that on February 8th 2022 it passed a resolution (the “Resolution”) on the allocation of Series AM2 ordinary bearer coupon bonds (the “Bonds”), carried out as part of the Programme covered by the Base Prospectus approved by the Polish Financial Supervision Authority on September 3rd 2021 (the “Prospectus”).
In the Resolution of the Company’s Management Board, the Bond issue was declared successful and 500.000 Bonds, each with a nominal value equal to the issue price of PLN 100 and with a total value of PLN 50m were allotted. The period of subscription for the 500.000 Bonds was January 24th 2022 (inclusive) – February 4th 2022 (inclusive). The Bonds were allotted on February 8th 2022. The issue was not divided into tranches.
During the subscription period 1 319 Investors effectively placed 1 483 subscription orders for 2.491.797 Bonds. As a result of proportional reduction of 79,93%, the Company allotted 500.000 Bonds in response to subscription orders from 1 307 Investors.
A detailed summary of the issue will be presented in a separate current report.