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Globe Trade Centre completes subscription of shares in capital raise

Globe Trade Centre SA said 10,087,026 of series L ordinary bearer shares were subscribed for at 8.91 Polish zloty apiece, to raise approximately 89.9 million zloty in a capital increase held from June 6 to June 7.

The shares were subscribed for by 21 institutional investors.

A maximum issue of 15,532,306 shares was approved during a general meeting held May 16.

As of June 12, US$1 was equivalent to 3.74 Polish zloty.