🔴 NewConnect-listed Roof Renovation, one of the market leaders in the segment of flat roofs and cladding for large-scale industrial and logistics facilities, has successfully completed its merge with TopLevelTennis.com.
🔴 On 19 January, the Opole District Court registered an increase in Roof Renovation's share capital through the issue of L-series shares, from PLN 2 347 166,70 to PLN 17 386 166,70, through the issue of 150 390 000 ordinary bearer shares, issued on a private placement basis to the shareholders of Roof Renovation sp. z o.o.
👤 „The share capital increase registration formally completes the process of the merger of the Companies, i.e. the acquisition of Roof Renovation sp. z o.o. in exchange for Series L shares and our debut on the NewConnect. We welcome this, especially knowing that many investors have been waiting for it to happen. We are consistently fulfilling the declarations we have made in the past, pursuing our objectives - both corporate and business - one by one. We defined the latter for the coming years in the strategy published in December.” - comments Rafał Wójcik, CEO of Roof Renovation.
🔴 The company's strategy for 2022-2027 includes: - ecological building materials development - the use of RES in industry and construction - further investments in land property - parallel expansion into foreign markets
🔴 The company is currently developing 10 projects with a total area of 190,000 sq m and a value of PLN 105 million, with a completion rate of more than 80%. Work is underway on facilities for Tesla, SK innovation and Eurobox. Last year Roof Renovation completed 12 projects, including for Media Expert, LG, InPost, LPP, ZALANDO, Panattoni, Kaufland or Valeo. With the ever-growing outlook for the sector, we can be confident of an influx of further projects to the portfolio.
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