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Webit Investment Network EAD: Announcing the Results of the Initial Public Offering of Shares of Webit Investment Network EAD’s Capital Increase

09 June 2022

Announcing the Results of the Initial Public Offering of Shares of Webit Investment Network EAD’s Capital Increase

Sofia, June 9, 2022 - 'Webit Investment Network' EAD, EIK 206870298, with registered office and management address in Bulgaria, city of Varna, PO Box 9000, 'Vladislav Varnenchik' Blvd. No. 53-55 , fl. 3, hereinafter referred to as 'the Company' or 'the Issuer' for short, hereby informs the investors that at the auction held on June 6, 2022, for the initial public offering of shares from the increase of the Company's capital, on the market for growth 'BEAM', 5,588,000 new, ordinary, non-available, registered, freely transferable shares, with a nominal value of BGN 1 (one) and an issue value of BGN 1.05 each, with a total nominal value of 5,588,000, were subscribed and paid leva.

The total amount of cash collected as a result of the offering is BGN 5,867,400. As a result of the public offering, the capital of the Issuer will increase to BGN 5,888,001, divided into one preferred Class A share with a nominal value of BGN 1, one preferred Class B share with a nominal value of BGN 1 and 5,887,999 ordinary shares with a nominal value of BGN 1 each, and all shares of the Company's capital will be admitted to trading on the BEAM market.

06/09/2022
Plamen Simeonov Rusev

Source: Webit Investment Network EAD