Woerden, December 22, 2022
After the successful first bond issue of PerfoTec BV (subsidiary of Perfo Knowledgy BV) via NPEX in the summer of 2020, Perfo Knowledgy BV started the issuance of depositary receipts for B shares ("certificates") through the prospectus of November 23 last via NPEX. ") and bonds. The aim is to raise a maximum of € 2,5 million through this issue of certificates and bonds to finance, among other things, the international growth ambitions. Of this amount of € 2,5 million, the bond loan amounts to € 1.500.000 million and the issue of certificates amounts to € 1.000.005.
As a result of unforeseen circumstances at several large customers in the 2022 financial year, the management of Perfo Knowledgy BV has decided to adjust the issue price of the certificates downwards from € 7,50 per certificate to € 5 per certificate. This adjusted issue price naturally also applies to investors who have already subscribed to certificates.
Below we provide an explanation of this decision.
After the issuances went live via NPEX, two major prospects, each with an order size of approximately €500.000, have postponed their orders for this year to 2023. This is partly caused by their adjusted budgets and by their increased purchasing costs for raw materials in the current financial year. Transferring both of these orders will affect the result of the 2022 financial year for Perfo Knowledgy. The previously incurred backlog in Q1 and Q2 due to postponement of investments by 2 other large accounts, both existing PerfoTec customers, can therefore no longer be made up. We therefore expect a lagging result in 2022. The expected EBITDA for 2022 as stated in paragraph 9.17 (Appreciation) of the prospectus was €557.838. Based on our adjusted forecast, we expect EBITDA for 2022 to now amount to € 149.000. As a result, the 2022 result will be around the break-even point.
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