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Janusz Palikot discusses repayment of microloan interest and company development plans

In the recording published on Monday on his Facebook profile, Janusz Palikot reminded that he was supposed to give details on the date of repayment of interest on microloans obtained by one of the companies from his alcohol holding company and the date of its “capitalization” that day

He explained that negotiations with both existing and new investors are underway, which are not easy in the current circumstances. – I cannot do it today (give a specific date – note), otherwise I would have to give in to these negotiations. And my goal is not only to repay 100 percent. all liabilities with interest due, but also obtain funds necessary for the development of the company said the businessman.

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I am not able to conduct these negotiations any faster. I know this is non-specific and therefore unreliable – He admitted. He argued that the closer the dates of repayment of liabilities he gave, the worse his position in these talks would be.

Palikot announced that the interest would be repaid by October at the latest. – I do not rule out that it will happen much sooner. It will depend a bit on how these negotiations will proceed, how patient you will be, waiting for completion, cheering – added.

– If you wish the company and us investors well, please be patient and do not force me to give a quick date – he stressed.

Responding to a comment from one of the Internet users, He assured that “the money has not evaporated.” – Tenczynek is not only a brewery, but also a place of aging alcohol, a distillery, a restaurant, a distillery in Niechanów, shops. It is a conglomerate dealing with various spirits and businesses. Capital is needed for development, at the beginning of the road you always need more than you earn. In such a business, one should think about profits not here and now, but in the long term, he noted.

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Restructuring in the Palikot and Wojewódzki holdings

At the end of June, Manufaktura Piwa Wódki i Wina started a review aimed at working out organizational and personal changes. It is being handled by a team supervising the capital group, formed by businessmen who have invested over PLN 100 million in its companies.

– Today, the situation of the Manufaktura Piwa Wódki i Wina Group is difficult and without quick, deep changes, it may end in serious problems resulting in losses for everyone who entrusted their money to the Group, regardless of whether it is a thousand zlotys or several million – admitted the representative of this team Marek Maślanka.

He asked investors not to react nervously in the current situation. – In order for the plan of necessary changes to be successful, cooperation and peace around Grupa Manufaktura Piwa Wódki i Wina are necessary. The next 6-8 weeks will be a time of intense work. I am asking for your understanding and patience, he said. – Me and the other Investors believe in the project, we have grounds for it and with all our financial commitment we will help it move to the scale it is able to achieve – he assured.

Manufaktura Piwa Wódki i Wina still before its stock exchange debut

A year ago, Manufaktura Piwa Wódki i Wina sold its new shares for PLN 75.2 million as part of a public offering. They were bought only by small investors, there were no buyers for one third of the offered securities.

The company announced that it wanted to debut on the side market of the Warsaw Stock Exchange in the summer, but it still did not happen. In January this year In a letter to investors, Janusz Palikot explained this with many necessary formalities, including amending the articles of association and preparing a comprehensive information document.

Before the issue from a year ago, Janusz Palikot, directly and through the company Kresy, had shares constituting 33.24 percent. capital and 38.19 percent. votes at the general meeting of Manufaktura Piwa Wódki i Wina. They were also significant investors Kuba Wojewódzki (8.53 percent of capital and 7.22 percent of votes at the general meeting) and Dariusz Chrząstowski (9.07 percent of capital and 9.9 percent of votes).

Apart from Tenczynek Dystrybucja, the Manufaktura Piwa Wódki i Wina holding includes the following companies: Tenczynska Okovita, Tenczynek Świeże, Tenczynek Bezalcoholic, Doctor Brew and BUH Distillery.

2023-07-18 23:06:05
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