As announced in all previous articles, we have decided to allow our customers or supporters or those who trust us to participate in our business. We have prepared an initial public offering of our company’s shares. Today we bring you the latest details.
Public offer for subscription of shares of WEDOS Internet, a.s.
Current share capital of the company
2,000.000,-Kč is registered in the Commercial Register
Proposed capital increase
Proposed increase of the share capital in total
Increase by 21,000.000,-Kč to a total of 23,000.000,-Kč, in words to twenty three million Czech crowns. Details can be found at www.justice.cz .
Proposed increase of the share capital by way of private placement of shares
Increase by 18,000.000,-Kč, in words eighteen million Czech crowns to 20,000.000,-Kč. Currently, all steps related to the increase to 20,000.000,-CZK have been completed.
The share capital of the company is therefore increased to 20,000,000,-CZK (twenty million Czech crowns), and the change will be reflected in the Commercial Register at the same time as the next step (i.e. the increase of the share capital in the form of a public subscription of shares).
Proposed increase of the share capital by way of public subscription of shares
Increase by CZK 3,000,000,- to a total of CZK 23,000,000,-, i.e. twenty-three million Czech crowns
Nominal (par) value of new shares
100,-CZK
Issue price of shares
100,-CZK
Number of shares for public subscription
30,000 shares, serial number 200,001-230,000
Type, form, form and limitations of shares, other remarks, if any
Registered shares are in certificated form, the company keeps a list of shareholders.
The subscription of shares in excess of the amount of the proposed capital increase is not permitted.
The shares are offered for subscription through a public offer.
The shares are transferable without restriction.
Approximately 13.04% of the company’s shares are offered through a public subscription.
Subscription requirements – public offer
Start of the subscription: will be published on the company’s website, expected start in the week of 30. 7. – 5. 8. 2012
Deadline for subscription: 14 days
Termination of subscription: after the expiry of the 14-day period or if the entire issue is successfully subscribed (and paid for), whichever is earlier
Place for subscription: in Hluboká nad Vltavou, the company’s registered office, via the company’s website
Bank account number for payment of the issue price of the subscribed shares: the subscribers are obliged to pay the issue price of the shares to the special account no. 2000276882/2010, held at Fio banka, a.s.
Underwriting process: underwriting will be conducted via electronic order
Underwriting Description:
- Anyone who wishes to place a binding order (subscribe) for shares in WEDOS Internet, a.s. must fill in a binding order for subscription of shares and truthfully fill in all necessary identification data about his/her person or legal entity he/she represents and on whose behalf the order is placed.
- In the order, each orderer selects the number of shares he or she wishes to order, with the final price equal to the number of shares times the issue price per share.
- Any number of shares may be ordered, which must be divisible by one, with the maximum number equal to the number of shares to be subscribed, i.e. 1-30,000 pieces can be ordered, maximum 30,000 pieces.
- Anyone who duly orders available and available (unreserved or unpaid) shares at the time of ordering will receive by email the information necessary to make the payment so that they can make a payment that will be correctly identified to the relevant bidder.
- Payment must be made so that the full amount is credited to your bank account within 3 working days of placing the order. During this period, the shares are reserved for the respective bidder.
- Once the limit of available free shares is exhausted, orders will continue to be accepted. Each interested party will receive information for making the payment and will also be advised that the limit of free shares has been exhausted, but with the information that some reserved shares may become available if they are not duly and timely paid by another interested party who has made their reservation (order). Payment must be made so that the full amount is credited to your bank account within 3 working days of placing the order.
- Only the speed of completing and submitting the order completely determines whether the order is placed on time or after the free shares have been exhausted.
- If any of the interested parties fails to pay their order on time, their order will be cancelled and the vacant request will be transferred to the next interested party in the order, who will subsequently receive information about this fact. This additional bidder is also obliged to pay the amount, if any, within 3 days of receipt of the payment request. This will continue until all shares have been subscribed for or all orders from all interested parties have been processed.
- The acceptance of orders will be terminated if either the subscription period (14 days) expires or all subscribed shares are duly subscribed (and paid for). The earlier of the two facts shall prevail. The moment of proper subscription is considered to be the situation when two conditions are simultaneously met – the entire subscription amount related to the public offer for subscription of shares must be paid and at the same time at least 3 business days must elapse after the limit of orders has been reached.
Underwriting rules:
- The share or order is linked to the organization’s birth number or ID number.
- The buyer is obliged to agree to the terms and conditions of the subscription, as well as to the entry on the list of subscribers and will also conclude a contract on the subscription of shares with WEDOS Internet, a.s..
- The full issue price of the purchased shares must be paid before registration in the Commercial Register.
- Payment can only be made to the bank account (bank transfer or cash at the bank), which you will receive after ordering. No other method of payment (card or deposit account) is allowed.
- The payment must be made with the correct variable symbol and in the correct currency (CZK) and to the correct amount. In the case of foreign payments, the correct (and full) amount must be paid in the correct currency, including applicable bank charges, and therefore must be paid with an OUR reference.
- The order is valid only if the entire issue price is paid into the relevant bank account within 3 working days of the order (1+3 mode, i.e. the day of the order does not count).
- In case the payment is not credited within 3 working days (1+3), the order is cancelled and subsequently (later) the received payment will be returned to the sender.
- If necessary, the company may require the share subscription agreement (including signature) to be sent in original or scanned form.
- All payments received without a variable symbol or with the wrong variable symbol will be rejected (cancelled) and subsequently returned to the sender to the same bank account number from which the payment was received within 7 working days after the end of the subscription.
- All payments received from applicants who do not have a properly completed order or whose order is not accepted or not covered by the available number of free shares will be rejected (cancelled) and subsequently returned to the sender to the same bank account number from which the payment was received within 7 working days after the end of the subscription.
- In a situation where a bidder orders a larger number of shares than available, only a part of his/her order will be covered (up to the total number of available shares) and the excess funds will be returned to the bidder to the bank account number from which the payment was received within 7 working days after the end of the subscription.
Please note that fictitious or false or incomplete orders will not be considered. Please also note that by clicking on the binding order you agree to pay the full purchase (issue) price.
Important note: Shares are registered securities, so consider carefully who you place your order with. Later changes are possible, but they must be properly authorised and the tax aspects of the share transfer must be taken into account. For this reason, please note that if you fill in false or incomplete information, changes cannot be properly authorised and can lead to complicated situations. At the same time, it is necessary to comply with the tax regulations concerning the taxation of transfers of securities upon their sale or gift. Do not underestimate the importance of the information you fill in. Shares are assets and should be treated responsibly accordingly.
If the court rejects the proposal to register the increase of the share capital in the Commercial Register, the subscription of shares is ineffective. In such case, the payments received will be promptly returned to all interested parties within 7 working days of the court’s decision to reject the application for registration of the capital increase in the Commercial Register.
Any complaints must be made urgently. Claims related to underwriting shall be decided by the Company. Later claims will not be taken into account.
In the event that not all of the offered shares (i.e. 30,000 units) are subscribed for during the public offer period, the remaining amount will be subscribed for by the sole shareholder in the remaining (or full) amount, as decided by the sole shareholder, so that the entire subscription is completed and the entire proposed increase in the share capital up to the target amount of CZK 23,000,000 can be subscribed for.
Risk Warning
Again, we would like to draw the attention of all interested parties to all risks associated with the purchase of shares. Before ordering, please read the following detailed notice on our website http://datacentrum.wedos.com/a/229/vernostni-akciovy-program-jeho-rizika.html and we also recommend reading our entire “series” of articles about our subscription http://datacentrum.wedos.com/r/45/akcie-obecne-informace.html.
SMS & E-mail info
If you would like to be informed about the exact time when the order process will start, we also offer the option of sending us your phone number or email (or preferably both) and we will send a message that the process will start in so many hours. We estimate that we will send out a notification a few hours before the launch. If you would like a similar message, please contact us via the contact form. Please include a phone number for SMS, email and, if applicable, the expected number of shares to be purchased. We can also track the development of interest accordingly. We don’t know ourselves what will happen.
Notice regarding the issue price
The above issue price has been selected for our current public offering. The price of shares purchased in this way may change in the future (their price may decrease, but may also increase). If successful, another round of public subscription may be conducted in the future and the price in the next round may be different from the current offer.