23:04 15 November 2021
The value of the Big Cheese Studio offer amounted to PLN 27.9 mln
Big Cheese Studio has allotted 797,264 shares offered in its Initial Public Offering (IPO). Investors acquired 662,264 existing series A shares and 135,000 newly issued series B shares. The total value of the public offering exceeded PLN 27.9 million, of which over PLN 4.7 million will be allocated to the company. The average subscription reduction rate in the small investors’ tranche was 68.68 percent.
"We are very pleased with the IPO and the interest it has aroused among investors. The high level of reduction confirms that the market appreciates our achievements to date and believes in the studio development strategy adopted by us," President Łukasz Dębski said.
The Big Cheese Studio offer covered a total of 797,264 company shares, representing 19.28 percent of the increased share capital and the same number of votes at the general meeting. In accordance with the allocation, institutional investors acquired 558,085 shares, constituting 70 percent of the offered shares, while 239,179 shares, constituting 30 percent of the offer, were allocated to individual investors.
The stockholders of Big Cheese Studio were offered by the existing shareholders, including PlayWay. After the sale of the stake, PlayWay remained the majority shareholder of the company.
(ISBnews)
