Kino Polska TV will use the funds to develop its offer, intensify the digitalization of its film library, purchase new licenses, increase its original film production, and invest in its infrastructure introducing new thematic channels, both based on the Kino Polska formula (Kino Polska HD, Kino Polska Muzyka and Kino Polska Nostalgia), and stations from the FilmBox group.

"We can see a vivid interest among our subscribers and operators in the introduction of channels based on a well received and successful Kino Polska Television model. In the near future we are planning to offer Kino Polska HD, a channel that will enable the reception of Kino Polska Television channels in High Definition and Kino Polska Muzyka that will feature the history of Polish popular music. We have already received the initial declarations from the cable and satellite television operators concerning the introduction of the new channels to their offer," said Piotr Reisch, president of Kino Polska TV Management Board. "In addition, we are currently working on extending our premium services with new television channels from the FilmBox group: FilmBox Action HD, FashionBox HD as well as FightBox HD."

In 2010 Kino Polska TV generated sales revenues of 47 million PLN yielding a net profit of 9 million PLN.

NOBLE Securities is hancling the offering the Kino Polska TV Company stocks.

Kino Polska S.A. currently produces channels for the Czech, Slovakian, Hungarian, Romanian and Spanish markets and plans to expand broadcasting to other European territories.

Kino Polska TV S.A. is also the owner of a majority share in Stopklatka S.A., a film portal which has been awarded by the Polish Film Institute for its contribution to the development of Polish cinematography. In July 2010, Stopklatka SA debuted on the New Connect market.