Tile: Opinion of the Management Board on the justification for the exclusion of the pre-emptive right to series J shares and the method of determining the issue price of series J shares
Legal basis: Art. 56 sec. 1 point 2 of the Act on Public Offering – current and periodic information
The correction of the report is due to the absence of an attachment with the opinion of the Board of Directors of manydev Studio SE, Warsaw, justifying the deprivation of the existing shareholders’ subscription rights in full with respect to all series J shares, together with the proposed issue price of series J shares
The Management Board of Manydev studio SE seated in Warsaw (the “Company”), with reference to current report No. 43/2024 dated June 24, 2024 concerning the announcement of the convening of the Company’s Extraordinary General Meeting of Shareholders (“EGM”) to be held on July 22, 2024, informs that the Company’s Management Board, having regard to the provisions of Art. 433 § 2 of the Code of Commercial Companies, in connection with the inclusion on the agenda of the nzw meeting of the issue of adoption by the nzw of a resolution to increase the Company’s share capital by the amount of EUR 120,000b(Words: one hundred and twenty thousand euros), through the issuance of 6000000 ( six million) ordinary bearer shares of series J, with a nominal value of EURd 0.02 (two euudrcents) each share (“Series J Shares”)on July 22, 2024, adopted the Management Board’s Opinion on the justification for the exclusion of the subscription rights to Series J Shares in which it presented the reasons justifying the deprivation of the existing shareholders’ subscription rights to Series J Shares in full and the method of determining the issue price of Series J Shares.
The Company’s Management Board encloses the above opinion as a document to be discussed at the NWZA, which is relevant to the resolutions to be adopted and which has not been previously made public.
Detailed legal basis: – § 19 (1) (2) and (3) of the Regulation of the Minister of Finance dated March 29, 2018 on current and periodic information disclosed by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state.
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