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Kubota goes public. Velcro flip-flops for buyers of shares for min. 10 thousand PLN

Share offer Kuboty has already reached the minimum subscription threshold set at PLN 1,250,002 – 109 subscriptions for shares with a total value of PLN 1,877,564 were submitted. You can sign up for “papers” until August 24. There are 192 307 pieces to buy, price it’s PLN 13 for one.

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Kubota goes public, gifts for investors

Kubota will enter the New Connect market (the so-called small stock exchange). Subscriptions for shares for larger investors started on August 10. A week later, subscriptions in the open tranche, which are still ongoing, started. The amount of a single subscription can be from 5,000. up to 25 thousand zloty. However, one person may submit more subscriptions.

For investors who decide to take up shares for a minimum of PLN 10,000 PLN planned shipments with surprises. It is only known that inside there will be a commemorative pair of the legendary Kubota Rzep, which was prepared especially for this occasion.

Kubota has to complete the remaining formalities related to entering gie³dê. Application for introduction of shares to trading on New Connect will be submitted in the fourth quarter of 2021 or the first quarter of 2022. The actual debut may therefore take place at the turn of the first and second quarter of next year.

Kubota is back in style

Kubota started its operations in Poland in 1994. Flip-flops then brought from Chin. The brand has been remembered by many people and has become a synonym of nostalgia for the turn of the 1990s and 2000s. Its popularity on the Internet was so great that in 2018 the brand was reactivated. A year later, Kubota started working with Biedronk±to open the first stationary company showroom in 2020.

I know this will sound clichéd (and forgive me for that), but life writes some really interesting scripts. If 25 years ago someone had told me how Kubota’s story would unfold, perhaps I would have just smiled in disbelief. And yet – we are planning to enter the NewConnect market soon. On behalf of myself and my wife, I would like to thank everyone for their trust

– summarizes Wiesław Michalski, founder of the Kubota brand and vice president of the management board of Kubota SA, quoted by the portal spalainwestorow.pl.

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