T-Bull plans to raise PLN 6.2 mln from share issue

Game developer T-Bull plans to raise about PLN 6.2 million from the additional share issue, the company said. The maximum price for individual investors is set at PLN 60 per share. The company offers up to 100,000 new F series shares, which equals up to 8.2 percent of share capital. In total, T-Bull applied for admission to the Warsaw Stock Exchange of no more than 660,100 shares. There will be 448,000 series B shares, 22,100 series D shares, 90,000 series E shares, up to 100,000 newly issued F series shares and up to 100,000 rights to ordinary series F shares. T-Bull also said that it plans to add three new games to its portfolio and to spend about PLN 5 million on this purpose.