Following the prospect there are 2.916.000 shares type D in offer(„Offered Shares”) excluding the right of selection by previous share-holders („Public Offer”). Based on the hereby Emissioner Prospect it will contest for implementing all the included into Public Offer, Offered Shares as well as driven from them Shares Rights also 62,500 shares type A, 4.812.500 shares type B2 to the turnover at the Warsaw Srock Exchange joint stock.
Single face value per share is 8,00 PLN. The Public Offer will be realized only in Poland.
Based on the Emissioners’ Prospect it will contest for implementing altogether 7.791.000 shares all at face value 8 PLN per share to the turnover on the official Stock Exchange quotations, this includes:
– 62.500 regular shares to the bearer type A,
– 4.812.500 regular shares to the bearer type B2,
– 2.916.000 regular shares to the bearer type D,
Following the Prospect there are 2.916.000 shares to the bearer type D at the Public Offer.
Public Offer shares are being sold in two tranches:
– Individual Tranche, with 586.000 Offered Shares and
– Institutional Tranches, with 2.330.000 Offered Shares.
Before beginning the registry within the Institutional Tranche the Offerer will conduct so called book-building – meaning a process of Demand Register creation(“Register of Demand”) for the Offered Shares withi this tranche.
Before entering into Book of Demand creation process the Emissioner will publish the price range, which’s’ top value does not go beyond the maximum of 35 PLN. „The price range used in the Book of Demand creation process and registry in the Institutional Tranche comes up to 27 to 34 PLN.”
In the Book of Demand creation process for the Offered Shares the Offerer will direct a proposal to take part at the Institutional Tranche. Those investors who wish to sign up for the Institutional tranche, but have not received any proposal in the Book of Demand creation process, should contact the Offerer throughout the creation process. The Offerer is obliged to direct a proposal of membership at the Public Offer to investors who appeal with such a request.
Based on the results of the Book of Demand creation process for the Offered Shares there will be a set emission price published („Emission Price”) The Emssion Price will become public the latest on the first day of the signups for the Offered Shares at the Institutional tranche through a given information(according to art. 54 section 3 Public Offer’s Act) to the Financial Supervising Commission also to the public information in a manner in which the Prospect became public, but by procedure indicated in art. 56 section 1 Offer’s Act. The Emission Price will be set and equal for both tranches.
The Book of Demand creation process lasts since 15 November 2006 to 22nd November 2006 until 6p.m. The signups for the Individual tranche will take place since 15th November to 22nd November 2006 until 4 pm. The signups for the Institutional tranche will take place in the period Since 23 November 2006 until 24 November 2006. Emissioners plans to open the quotation of the Offered Shares at the Stock Exchange the latest in December 2006.
Public Offer is scheduled for the following dates:
– 15 November 2006 – starting the subscription of signups for the Individual Tranche;
– 15 November 2006 – starting the book-building process;
– 22 November 2006 at 4pm – closing the signups for the Individual Tranche;
– 22 November 2006 at 6pm– closing the book-building process;
– 23 November 2006 – starting the signups for Institutional Tranche;
– 24 November 2006 – closing signups for the Institutional Tranche;
– since 1 December 2006 – closing public subscription and Offered Shares distribution.
The terms of Public Offer could be changed. New dates will be published no later than on the day of a certain term expiration in a form of a appendix to the Prospect, according to regulations of the art. 51 Public Offer’s Act. Terms changes of Public Offer realization can be in force only within the Prospect length.
Information included in the Prospect are current on the day of its approval by the Financial Supervising Commission. The Prospect was approved by the Financial Supervising Commission on the 31 October 2006.
On the 22.11.2006 the Board of Fota S.A. set an emission price for shares type D. The emission price was set at 34 PLN per share.
According to the resolution 477/2006 The Board of the Stock Exchange in Warsaw joint stock from 27th November 2006 there are: - 62.500 (sixty two thousand five hundred) regular shares to the bearer type A at the face value of 8 PLN (eight PLN) coded with PLFOTA000014 – 4.812.500 (four million eight hundred twelve thousand five hundred) regular shares to the bearer type B2 at a face value of 8 PLN(eight PLN) coded with PLFOTA000014 – 2.916.000 (two million nine hundred sixteen thousand) legal rights to the regular shares to the bearer type D at a face value of 8 PLN (eight PLN) coded with PLFOTA000022, admitted to the market basic trading.
According to the resolution no 476/2006 of the Board of Stock Exchange in Warsaw joint stock from 27th November 2006 there will be : 2.916.000 legal rights for regular shares to the bearer type D at a face value of 8,00 PLN each coded by the National Securities Deposit with"PLFOTA000022", admitted in the regularly to the stock market trading starting from the 28th November 2006.
According to the resolution 77/2006 of the Board of Stock Exchange in Warsaw joint stock from 27th November 2006 first quotation of the legal rights for shares type D will take place at the stock exchange session on the 28 November 2006. The legal rights to shares type D of the joint stock Fota S.A. will be noted continuously under the name "FOTA-PDA" and marked with “FOTA”.
The face value per share since 17 January 2008 is 2 PLN.