Arena.pl S.A. (WSE:ARE) announced a private placement of 5,000,000 series H shares at a price of PLN 1.2 per share for gross proceeds of PLZ 6,000,000 on April 1, 2019. The share capital of the company will increase by PLZ 2,500,000 and the balance PLN 3,500,000 will go towards the capital reserve of the company. The shares issued in the transaction will be without pre-emptive rights. On June 30, 2019, the company announced that its share capital will increase from PLN 10,831,225 to PLN 13,331,224.