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The Prospectus of IZO-BLOCK S.A. have been approved by Financial Supervision Authority (Poland)

Today The prospectus of IZO-BLOCK S.A. have been approved by Financial Supervision Authority (Poland). The company is one of Europe’s largest EPP  processor (expanded polypropylene) ) and EPP component manufacturer, where 90% of revenue comes from automotive industry. The Company is going to run a public offering at the turn of June and July this year. 300 thousand of new shares are tend to be issued. Funds from issue of new shares the are intended to be mainly used for part-financing and purchasing of 100% shares of German Business SSW PearlFoam GmbH – THE European EPP market leader in the automotive industry.

The publication of The Prospectus IZO-BLOCK S.A. is scheduled for 21 June 2016.

The prospectus will be available on the following websites: www.izo-blok.pl and www.spo.izo-blok.pl and www.dmbzwbk.pl

The role of the WBK Bank of West Bank is to offer the Public Offering.

The legal adviser is the office of Olesiński and Wspolnica Sp. k. (limited partnership)

We are pleased to approve our prospectus and are planning to start public offering. We have a clear path to development and we do know where are we going to. Takeover of German company SSW PearlFoam let us not only be a leader on the European EPP processing market in automotive industry but also gets us ready and well prepared for getting a foothold of the Asian market. Having our own raw material, this plan is possible to be done in a fairly short time – said Przemysław Skrzydlak, CEO of IZO-BLOK S.A.