Mo-Bruk SA (WSE:MBR) announced a private placement of 1,270,000 shares at PLN 13 per share for gross proceeds of PLN 16,510,000 on August 11, 2016. The transaction will include participation from Value Fundusz Inwestycyjny Zamkniety Subfundusz 1, a fund managed by AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. to acquire 35.166563% stake in the company. The company will issue shares at premium of PLN 3 per share. The amount of PLN 12,700,000 will go to the registered capital and PLN 3,810,000 will go to the capital reserve. The transaction has been approved by the board of directors of the company.