Rymarz Zdort Maruta advises in ABB for shares in Mirbud

We are pleased to announce that we provided legal services to Mirbud S.A. (the “Company“), and Ipopema Securities S.A., acting as sole Global Coordinator and Bookrunner, in an ABB (accelerated book-building) transaction concerning the Company’s primary public share issuance (via private placement).

As a result of the issuance of shares representing 19.99% of its share capital, the Company raised PLN 201.8 million (gross). The issue price of the shares was set at PLN 11, which represented only a 0.9% discount on the closing price from the date the transaction was announced (i.e. 10 June 2024). The share price grew by 15.0% between the launch of the transaction and the completion of the bookbuilding process.

Mirbud S.A. will use the capital raised to continue its key development projects, such as the development of its railway infrastructure construction and road infrastructure construction divisions.

The work of Rymarz Zdort Maruta’s team was managed by Filip Leśniak (a partner and co-head of the Equity Capital Markets practice), and the team also comprised Karolina Kłos (senior associate) and Bartłomiej Skwarliński (associate).

We congratulate Mirbud S.A., and in particular Paweł Korzeniowski and Anna Więzowska, as well as the entire Ipopema Securities S.A. team led by Dariusz Giej and Izabela Mikołajczyk, on the successful share issuance, and we thank them for their exemplary cooperation.