HIPOWERSA: strona spółki
1.02.2024, 13:31
ARE Information on the establishment of the company
The Board of Directors of Arena.pl S.A. (hereinafter referred to as "the Issuer" or "Arena")
announces that on January 31, 2024, following the investment agreement signed on January 15, 2024, as previously reported in report no. 2/2024, a limited liability company named hiPower Institute of Materials was established. Arena has acquired a 29.5% stake in this company, representing the same percentage of its share capital. Mr. Rafał Gnojnicki, nominated by Arena, has been appointed as the CEO, and Dr. Justyna Krzak as a board member.The company's objective will be the development and commercialization of innovative materials using sol-gel technology, which is notably effective in creating coatings that act as an efficient hydrogen barrier. The Issuer intends to actively contribute to the development and value enhancement of this new venture by leveraging the synergy between its technological advancements, experience, and the team collaborating with hiPower Institute of Materials sp. z o.o.Furthermore, the Issuer clarifies that an error was made in report no. 2/2024, where it was incorrectly stated that Arena's stake in the new company would be 30% of the share capital, instead of the correct figure of 29.5%. This error was due to an incorrect calculation of the share percentage in the share capital at the time of announcing the investment agreement.
announces that on January 31, 2024, following the investment agreement signed on January 15, 2024, as previously reported in report no. 2/2024, a limited liability company named hiPower Institute of Materials was established. Arena has acquired a 29.5% stake in this company, representing the same percentage of its share capital. Mr. Rafał Gnojnicki, nominated by Arena, has been appointed as the CEO, and Dr. Justyna Krzak as a board member.The company's objective will be the development and commercialization of innovative materials using sol-gel technology, which is notably effective in creating coatings that act as an efficient hydrogen barrier. The Issuer intends to actively contribute to the development and value enhancement of this new venture by leveraging the synergy between its technological advancements, experience, and the team collaborating with hiPower Institute of Materials sp. z o.o.Furthermore, the Issuer clarifies that an error was made in report no. 2/2024, where it was incorrectly stated that Arena's stake in the new company would be 30% of the share capital, instead of the correct figure of 29.5%. This error was due to an incorrect calculation of the share percentage in the share capital at the time of announcing the investment agreement.