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SSIF BRK FINANCIAL GROUP SA - BRK

Closing of the private placement of subsidiary Firebyte Games

Release Date: 2/15/2021 1:55:43 PM

IRIS Code: E02CD

No. 684/15.02.2021

 

 

 

To:         

Financial Supervisory Authority

Financial Instruments and Investments Sector

 

Bucharest Stock Exchange

 

 

CURRENT REPORT

 In compliance with the provisions of Law no. 24/2017 on issuers of financial instruments and market operations and Regulation no. 5/2018 on issuers of financial instruments and market operations

 

 

Date of the report: February 15, 2021

Name of issuer: SSIF BRK Financial Group SA

Headquarters: Cluj-Napoca, 119 Motilor Street, Cluj County

Telephone/fax no: 0364-401.709/0364-401.710

Tax Identification Code: 6738423

Trade Register no/date: J12/3038/1994

Subscribed and paid share capital: RON 54,039,987.04

Regulated market where issued securities are traded: Bucharest Stock Exchange, - Premium Tier, market symbol: BRK

Important events to be reported:

 

In accordance with the provisions of Article 234, paragraph (1), of Regulation no. 5/2018, BRK Financial Group S.A. informs the investors that today the private placement regarding the share capital increase of Firebyte Games SA was closed, by a new issue of shares paid by cash. The funding was brokered by BRK Financial Group, and the collected subscriptions within the 8,800,000 new shares with a nominal value of 0.1 RON / share and a subscription price of 0.56 RON / share funding round, reflected an oversubscription rate of 3.65 times.

A subsidiary of BRK Financial Group, Firebyte Games is the first mobile gaming developer in Romania to be listed on the AeRO market in the next period. The capital attracted from investors will be used to develop the company with two new business lines.
Given our mission to increase the capital market in Romania, we are pleased to see more and more investors willing to invest in private placements, thus taking part in the first stages of a company listing.
Firebyte Games SA, by attracting a funding tranche, took an important step towards listing and aligning with corporate governance practices today. The company has an ambitious development plan for the next period, and the stock market will play an important role in financing and developing the company.
                                                                               
 

Monica Ivan

General Manager

 

 

 

                                                         

 



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