MacroSoft wants to plough share issue funds into product development

MacroSoft is going to offer 170,000 shares to investors (about 10% of the increased capital). The subscription for the shares has been scheduled for April 25 - 29, the issue price is going to be set on April 23. Even if the company manages to sell the whole issue it is not going to raise more than zł.4 million. Initially MacroSoft wants to create an electronic documents exchange system and a control solution operation. It is also thinking about merging its three subsidies into one entity, MacroSoft Południe. The company hopes that in spite of the fact that the issue will be quite small it will attract a number of financial institutions. MacroSoft's current shareholders - several founders of the firm - will most probably not take part in the subscription. (Parkiet, p. 5) A.F.