Subscriptions by retail investors for shares in Sadovaya Group S.A., one of Ukraine’s largest private coal mining companies, have been accepted December 8-10 at points of sale and locations of Dom Maklerski BZ WBK S.A. and its agents.
Shares have being offered to Polish retail and institutional investors and select foreign institutional investors. The company listed the shares on the Warsaw Stock Exchange.
Retail investors have subscribed at the maximum price, which is PLN 17.50 per share.
The offering consisted of 10,771,423 newly issued shares, which after the completion of the Offering constitute 25% of the shares in the increased capital.
BG Capital JSC and BG Trading Limited served as the Lead Managers for the offering. Bank Zachodni WBK S.A. acted as Adviser.
Dom Maklerski BZ WBK S.A. acted as Co-Lead Manager and Offering Agent in Poland