Terms and conditions of registration and order of public subscription of shares


Terms of registration and order of public subscription of shares.

By completing the shareholder registration or share order (participation in the public share subscription) you agree to the following terms and conditions:

Two-round subscription of shares by public offer

  • The first round will take place from 1.8.2012, when the registration of potential applicants will be possible, including filling in their identification data. Thus, no shares are ordered in the first round, but only those who wish to participate in the second round (i.e. to purchase shares themselves) register.
  • The second round (i.e. the actual purchase of shares or participation in the public offer) will take place in the following days, when it will be possible to fill in only the specific number of shares to be ordered and then just complete the order. Information about the launch of the second round will be published on our website.
  • The two-round process is chosen because of the high interest in the subscription and thus spreading the load over a longer period of time, while at the same time allowing interested parties to book a specific number of desired events more quickly.
  • The first round is not mandatory and it is possible to combine the first and second rounds of subscription into a single transaction (at the moment when the second round is launched).

Description of the subscription

  • 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 properly orders shares will receive by email the information necessary to make a payment so that they can make a payment that is properly identified to the appropriate bidder.
  • If the required number of available unreserved shares is available at the time of ordering, the shares are reserved. Reservations are valid for 5 days.
  • If after ordering the required number of shares is not available unreserved, the order is also accepted, but after payment the interested party will be placed in the waiting queue for the release of any unpaid reservations.
  • Payment must be made so that the full amount is credited to your bank account within 5 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 a bidder fails to pay his/her order on time, his/her order will be cancelled and the vacant request will be transferred to the next bidder in the order, the moment of order creation being decisive for determining the order. 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 5 days must elapse after the limit of orders has been met.

Subscription 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 5 days of the order (1+5 mode, i.e. the day of the order does not count).
  • In case the payment is not credited within 5 days (1+5), 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, with the wrong variable symbol or with the wrong amount 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.

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 from the final decision of the court on the rejection of 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.

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 value of new shares: 100,-Kč

Issue price of shares: 100,-Kč

Number of shares for public subscription: 30,000 shares, serial number of shares 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

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 detailed warning about the risks of the stock program and we also recommend reading our entire “series” of articles about our subscription.