DLA Piper has advised Photon Energy in connection with the admission to trading of all its shares on the regulated parallel markets of the Warsaw and Prague Stock Exchanges.
On December 14, 2020, the Netherlands Authority of the Financial Markets approved the Photon's prospectus. The listings does not involve any issuance of new shares.
DLA Piper reported that its role in the transaction included advising Photon "in connection with the prospectus approval by the Netherlands AFM, its notification to the Polish Financial Supervisory Authority and the Czech National Bank for passporting and also included the change of the markets on which the shares were listed (i.e. NewConnect in Poland and Free Market in the Czech Republic)."
DLA Piper's team was led by Warsaw-based Partner Jakub Domalik-Plakwicz and Associate Karolina Stepaniuk with support from Counsel Wojciech Kalinowski and Associate Michal Kuratowski. Partners Henk Arnold Sijnja and Sander Wiggers, supported by Associates Jacklynn Everduim, Gijs Kikkert, and Jafar Alhashime, from DLA Piper’s Amsterdam office, advised on Dutch law aspects of the transaction. Partner Miroslav Dubovsky supported by Associate Marcel Janicek led the team advising on Czech law aspects of the transaction.