Gessel has advised the Warsaw-based Comperia.pl on its initial public offering, including the drafting of its issue prospectus concerning shares from the new issue and transfer of its existing shares from the NewConnect market to the main floor of the Warsaw Securities Exchange.
The Gessel lawyers involved in the project included Partner Leszek Koziorowski and Of Counsel Tomasz Dragowski.
Comperia.pl is an IT company which operates Poland’s first Internet platform providing a comparison of banking and financial products.
The issue of ordinary F-series bearer shares in Comperia.pl was effectuated by way of open subscriptions within a public offering between February 1 and 14, 2014 (on the basis of the issue prospectus approved by the Polish Financial Supervision Authority on January 30, 2014), and resulted in the acquisition of 575,000 shares by an assortment of institutional and private investors. The attendant share capital increase was entered in the National Court Register on February 27, 2014. Along with the remaining bearer shares of the company (listed on the NewConnect market within the alternative trading system), the F-series shares in Comperia.pl are now the object of proceedings geared at securing permission for listing on the main floor of the Warsaw Securities Exchange, and their first listing is expected in the second half of March 2014.
