The Management Board of Venture INC ASI SA (the Issuer) informs that on February 11, 2021 an Extraordinary General Meeting of Sundose sp.z o.o. was held. (The Company), on which a resolution was adopted to increase the share capital from PLN 267,000.00 to PLN 409,200.00, ie by PLN 142,200.00 by creating 2,844 new shares with a nominal value of PLN 50.00 each.
Pursuant to the adopted resolution, the Issuer acquired 308 shares in the increased share capital of the Company with a nominal value of PLN 50.00 each. As a result of the fulfillment of the condition of the loan agreement (about which the Issuer informed in the report No. 23/2020), i.e. obtaining another investment round, the loan granted to the Company was converted into shares by increasing the Company’s share capital.
The share capital was increased as a result of the investment agreement, the signing of which was announced by the Issuer in the current report No. 2/2021.
After the registration of the increase in the share capital of the Company, the Issuer will hold 735 shares of the Company, constituting 9.29% of the capital of the Company.
Art. 17 sec. 1 of MAR – confidential information.