We are pleased to announce that we advised Erste Group Bank AG, acting as the sole bookrunner, and Erste Securities Polska S.A., acting as the Polish offering agent, in connection with the accelerated book-building process of shares in Vercom S.A.
The purpose of the accelerated book building was to sell 2,685,500 shares in Vercom listed on the Warsaw Stock Exchange. The shares were sold by Lithuanian shareholders: Ignas Rubežius, Ilma Nausedaite and Ad Hoc Technologijos, UAB, and represented a total of approximately 12.08% of Vercom’s share capital.
The offer was addressed to selected investors meeting certain criteria, i.e. institutional (qualified) investors or investors purchasing securities with a total value of at least EUR 100,000 per investor. The sale price per share was set at PLN 110 and the total value of the transaction amounted to nearly PLN 300 million.
Vercom S.A. creates global communication services using the SaaS model that enable customers to build relationships with their audiences through various channels, including SMS, email and push.
The Rymarz Zdort Maruta team was headed by Filip Leśniak (a partner and a co-head of the equity capital markets practice), who handled the day-to-day transactional work together with Maciej Kowalski (senior associate). The team also included Bartosz Brudek (paralegal).