The Polish brewer Strzelec Brok is expecting to issue between 5m and 25m shares, the country’s press quoted the company’s CEO Adam Borodowski as saying yesterday.
The plan still needs to be approved by Brok Strzelec’s shareholders at the general meeting in October. However, the company’s supervisory board has already agreed to the plan.
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The money raised by the issue will be used to repay debts.
