Robyg to be delisted

The shareholder of the WSE-listed real estate developer Robyg approved the decision to delist the company from the Warsaw Stock Exchange. The company will now file a proper application with the Financial Supervision Authority KNF to dematerialize Robyg’s shares and remove them from trading on the WSE. Back in February, Bricks Acquisitions, a Goldman Sachs subsidiary, tendered over 98 percent stake in the WSE-listed real estate developer Robyg at PLN 4 per share and acquired the remaining stake in freefloat thorough a squeeze-out.