09. 09. 2020

Prague (9 September 2020) ― CZG – Česká zbrojovka Group SE (“CZG” or the “Company”), whose ordinary shares were admitted to trading on the Prime Market of the Prague Stock Exchange (“PSE”) on 1 June 2020, announces its intention to conduct a public offering of its shares (the “Offering”). Detailed information about the Offering will be published in a prospectus once approved by the Czech National Bank (the “Prospectus”).

Commenting on today’s announcement, Lubomír Kovařík, President and Chairman of the Board of Directors of CZG, said: “With our growth and development plans, we believe we can play a key role in the expected small arms industry consolidation, to become a key partner for military and law enforcement customers and to be recognized as a premium brand of firearms in Europe and the United States. The public offering of our shares would not only help us to secure financing for our growth plans and offer investors an opportunity to participate in this vision, but also to further demonstrate our strong commitment to transparency and responsible corporate governance.”

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