Murapol intends to conduct an IPO and list its shares on WSE

One of the largest and most experienced residential developers in Poland, Murapol, has announced its majority shareholder’s intention to conduct an initial public offering of shares to retail investors in Poland and selected institutional investors in Poland and certain other jurisdictions, outside the US. Murapol plans to seek admission and introduction of the Company’s shares to trading on the main market of the Warsaw Stock Exchange.

“The intention of our majority shareholder to conduct an initial public offering of shares in the Company and subsequent planned listing on the Warsaw Stock Exchange is a milestone in the history of our Company and the crowning of the 20th-anniversary year of the Murapol Group. Although there are already numerous representatives of the real estate development sector listed on the WSE, the debut of the Murapol Group will give investors an opportunity to invest in a company with a unique business model. We have the most diverse geographic footprint among Polish real estate developers listed on the WSE and a rich landbank,” Nikodem Iskra, CEO of Murapol, said.

(WBJ)