Vestor Dom Maklerski acted as the Sole Bookrunner in the ABB process to sell more than 3 million shares representing a 13% equity stake in Archicom.
The ABB process involved up to 3,026,157 shares representing a 13% equity stake and 10.26% of the votes at the shareholder meeting. These shares were offered by share by DKR Investment and SK Inwestycje, shareholders in Archicom. The transaction was closed in one day thanks to our familiarity with the market and investor contacts. The deal value was PLN 46.9 million, while the price discount (PLN 15.5) compared to the price prior to the ABB announcement (PLN 16.2) was a mere 4.32%.
The Archicom Group has been present on the market for nearly 30 years, it has built more than 150 facilities, including residential buildings, hotels and office buildings. It is the leader on Wrocław’s residential market and one of the major players on the office space market.