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DLA Piper Advises Polnord on EUR 31.7 Million Public Offering

DLA Piper Advises Polnord on EUR 31.7 Million Public Offering

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DLA Piper has advised Polnord, a residential development company in Poland, on its EUR 31.7 million public offering.

Polnord issued 64.9 million of shares, with almost 63.7 million subscribed for by Cordia International, an international property company operating in Central and Eastern Europe. Noble Securities acted as the bookrunner and offering agent for the transaction, which has been approved by Poland's Office of Competition and Consumer Protection.

Polnord has been listed on the Warsaw Stock Exchange since 1999.

DLA Piper’s team was led Partner Jakub Domalik-Plakwicz and included Counsel Wojciech Kalinowski, Senior Associate Mateusz Zalenski, and Associate Adam Marszalek.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

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