Sunday Energy raised PLN 4 mln from the issue of shares

Sunday Energy, the photovoltaic services provider has completed the issue of shares acquiring PLN 4 mln. The group of shareholders of the company augmented with 194 new entities. The business model of the company is based on cooperation with leading PV equipment producers like DAH Solar, Leapton Solar and Kehua Tech, e-commerce activity or PV market assisted by UE’s requirements of  climate neutrality – these are selected factors creating the company’s potencial.

In the first tranche for  large investors the company offered 100 thousand shares worth PLN 2,5 mln. The second tranche covered 60 thousand shares worth PLN 1,5 mln. An issue price amounted to PLN 25. Information on shares and terms of its purchase have been published since the first day of the public offering on the website and Sunday Energy website where  investors were able to subscribe for the shares.

– Sunday Energy’s issue of shares turned out to be a great success. We would like to thank all of new shareholders for their trust and faith in our company. Both first and second tranches of shares has completed successfully – which makes us happy and  motivates us to a further work. We have ambitious goals before us, which together with market’s prospects and company’s potencial, present a good prognosis for all of Sunday Energy’s investors – says Michał Sochacki, President of the Management Board.

Sunday Energy increases sales of PV panels and equpiment. In October 2020, the company generated PLN 1,35 mln in sales revenues, compared to- PLN 0,62 mln and 0,55 mln in September and August2020. In turn, in  throughout the third quarter the company has reached PLN 1,69 mln of income compared toPLN 1,07 mln in second quarter and PLN 0,1 mln during the period from January to March 2020. Sunday Energy assumes in 2021 a continuation of current trends.