Legimi plans NewConnect debut

Digital book provider Legimi plans to enter the small-cap, alternative, NewConnect market. For that purpose, the company will offer up to 161k C series shares with the nominal value of PLN 16 apiece. The stock will be offered with the exclusion of pre-emptive rights for existing shareholders. The company plans to further develop its operations on the German and Chinese markets which has the second and third largest e-book markets respectively. At end-H1 2017, Legimi had 27,805 customers and PLN 3.3 million revenues, PLN 0.6 million EBITDA, and PLN 0.2 million net profit.