News

New listing of SIMFABRIC

The company SIMFABRIC S.A. ​​was newly listed on the GPW Main Market on 12 August 2022.
SIMFABRIC S.A. is the 419^th company listed on the Main Market and the fourth new listing on the Main Market in 2022.

Key information

* determined on the basis of the average price of the Company’s shares in the alternative trading system on NewConnect in the last 3 months preceding the date of filing the application for admission to trading on the regulated market, equal to PLN 10.88

ISSUER’S HISTORY AND BUSINESS
The legal predecessor of the Issuer operating under the name EMILUS IT SOLUTIONS Sp. z o.o. was incorporated in 2016. In June, the company’s general meeting adopted a resolution changing the name of the company to SimFabric Sp. z o.o. The Issuer was established as a result of the transformation of SimFabric Sp. z o.o. into SimFabric S.A., which was carried out on the basis of the EGM resolution of 4 January 2019 on the transformation of the company. The joint-stock company was registered in the National Court Register on 31 January 2019.
SIMFABRIC operates in the video games market, specialising in porting games for consoles and desktops and the production of proprietary games. The Issuer’s capital group comprises: SimFabric S.A. (parent company) and subsidiaries: Blind Warrior sp. z o.o., MobileFabric S.A., VRFabric S.A., and GR Games S.A. 

ADMITTED FINANCIAL INSTRUMENTS
The share capital of the Company amounts to PLN 625,000 and is divided into 6,250,000 shares with a nominal value of PLN 0.10 each, including:

• 5,625,000 series A ordinary bearer shares,
• 625,000 series B ordinary bearer shares.

Issue of series A shares
Legal basis of the issue: deed of transformation of a limited liability company into a joint-stock company dated 4 January 2019
Number of shares taken up and paid for: 5,625,000
Issue price: equal to the nominal price  
Shares paid for with: assets of SIMFARBRIC Sp. z o.o. in connection with the transformation of a limited liability company into a joint-stock company
Registration date: 31 January 2019

Issue of series B shares (private placement to the exclusion of subscription rights)
Legal basis of the issue: resolution of the Company’s Management Board of 11 February 2019 on the increase of the share capital within the limits of the authorised capital
Number of shares taken up: 625,000
Issue price: PLN 0.96
Registration date: 4 April 2019

Listing on NewConnect
5,469,000 series A ordinary bearer shares were listed on NewConnect in March 2020 and the remaining 156,000 series A ordinary bearer shares and 625,000 series B ordinary bearer shares in July 2020. As a result, all shares of the Issuer were listed on NewConnect.

Issuer’s shareholders

Issuer’s Group’s selected financials (PLN):

Securities admitted and introduced to trading on GPW’s (main) regulated market:

• 5,625,000 series A ordinary bearer shares,
• 625,000 series B ordinary bearer shares.