TROPHYRES (TPR): Subscription and registration of new issues of shares. - raport 16

The Board of Directors of TrophyResort Nyrt. announces, that on 8 April 2016 two private placements of shares were closed, which were started by the resolution of the General Meeting No. 6/2016, 11 January 2016.

In the first private placement, one investor - Petronella Oregne Kocsis, acquired 10,850,000 of ordinary registered shares with a nominal value of HUF 200 each, at an issue price of HUF 200 per share. The shares were paid in kind, by receivables, with audited valuation.

In the second private placement, one investor - TrophyResort Nyrt. acquired 4,650,000 of ordinary registered shares with a nominal value of HUF 200 each, at an issue price of HUF 200 per share. The shares were paid by transfer of capital reserve to share capital. The Company acquired the shares with the intention of their distribution to all shareholders.

Costs of preparing and carrying out the above private placements amounted to HUF 4.365.000, including:

- the cost of preparing and carrying out the offer - HUF 1.215.000,

- the cost of preparation of the information document, including the cost of advice - HUF 3.150.000,

- the cost of promotion - HUF 0,

- underwriters' fees - HUF 0.

Above costs will be settled as operating costs.

Under the Hungarian law, shares began to exist at the time of dematerialization in the Hungarian central securities depository – KELER, on 8 April 2016. Currently, the company's share capital consists of 36,500,000 shares of a value of HUF 200 each, including 4,650,000 shares held by the company TrophyResort Nyrt.

Legal basis:

§4.1 of Exhibit 3 (Current and Periodical Information in the Alternative Trading System on the NewConnect Market) to the Alternative Trading System Rules.

Osoby reprezentujące spółkę:
Petronella Öregné Kocsis - Member of the Board of Directors