04
Mon, Jul
42 New Articles

PRK Partners Advises UDI CEE on Listing of Shares on Prague Stock Exchange's Start Market

PRK Partners Advises UDI CEE on Listing of Shares on Prague Stock Exchange's Start Market

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

PRK Partners has advised the Czech Republic's UDI CEE a.s. in the process of listing of its shares on the non-regulated Start market organized by the Prague Stock Exchange.

According to the PSE, "Start is a market for small innovative companies worth more than EUR 1 million that want to raise new capital or whose owners want to withdraw partially or completely from the current business to capitalize their existing activities. The advantage of Start over other similar markets in Europe is minimal costs for the issuer. The price of new capital is therefore competitive compared to any other form of funding or exit." PRK Partners advised the PSE in connection with the establishment of the market/selling platform.

UDI CEE a.s., a member of the Czech Republic's UDI Group, issued a total of 587,000 shares at a price of CZK 440 per share. The company thus raised a total of CZK 258.3 million - the largest initial public offering by an SME firm on the new Start market/selling platform to date. 

The PRK Partners team consisted of Partner Martin Aschenbrenner and Senior Associate Jan Ditrych.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

Our Latest Issue