THE PROSPECTUS has been submitted BY THE IZO-BLOCK to the Financial Supervision Authority
IZO-BLOK has submitted a prospectus to the Financial Supervision Authority. The Company plans to conduct a public offering of shares at the turn of Q2 and Q3. The resources acquired by the Company will be used to partially finance the acquisition of 100% shares at the German company SSW PearlFoam
Because of the planned acquisition of IZO-BLOK’s main competitor on the market – the German company SSW PearlFoam – the Company plans to issue (approx.) 300 ths shares. The Lead Manager is BZ WBK S.A., while the role of legal advisor is played by the Olesiński&Wspólnicy law firm. The final deadline of the public offering depends on the approval of the prospectus by the Financial Supervision Authority.
The submission of a prospectus to the Financial Supervision Authority. means that we are entering a crucial stage in the preparation of the public offer of shares. The resources thus obtained and the resources from debt financing will be given to finalize the acquisition of shares in SSW PeralFoams. We want to grow. We have far-reaching plans. This acquisition is a milestone in our long-term business strategy. I hope investors will appreciate the possibility of investing in the shares of IZO-BLOCK. we have very good financial results, we are increasing our market share – said Przemysław Skrzydlak, CEO of IZO-BLOK S.A.