Sat, Nov
70 New Articles

Gessel Advises Polwax on Public Offering of Shares

Gessel Advises Polwax on Public Offering of Shares

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Gessel has advised Poland-based paraffin producer Polwax on the public offering of its shares with subscription rights and admission of shares to trading on the Warsaw Stock Exchange. The value of the bonds is estimated at PLN 20 million.

Polwax SA is a producer and distributor of refined, deodorized paraffins, waxes and industrial paraffin products, founded in 1999. The company has been listed on the WSE since 2014.

According to Gessel, “the funds from the issue will be allocated by [Polwax] for partial debt repayment and for the implementation of planned investments, including concentration of paraffin production in the plant in Jaslo.“

Gessel’s team consisted of Partners Krzysztof Marczuk and Leszek Koziorowski, Managing Associate Magdalena Szeplik, and Lawyer Urszula Sleszycka.

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 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

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

Our Latest Issue