Surfland Systemy Komputerowe S.A. (WSE:SSK) announced that it has entered into agreements a private placement of not more than 800,000 series K ordinary bearer share at a price of PLN 1 each for gross proceeds of PLN 800,000 on February 21, 2020. The transaction has been approved by the board of directors of the company. The transaction is expected to close on April 30, 2020. Post completion of the transaction, the capital of the company will increase from PLN 4,127,366 to PLN 4,927,366.