TXM S.A. (WSE:TXM) announced that it has entered into share purchase agreement for a private placement of 2,787,999 series G shares at a price of PLN 2 per share for proceeds of PLN 5,575,998 and 1,162,001 series B shares at a price of PLN 2 share for proceeds of PLN 2,324,002;for aggregate gross proceeds of PLN 7,900,000 with existing investor Redan S.A. (WSE:RDN) on August 13, 2018. The transaction is expected to close on August 20, 2018. Post the closing, the investor stake in the company will increase from 56.5% to 58.7% in the company.