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DLA Piper Advises Alchemia on Purchase of Shares

DLA Piper Advises Alchemia on Purchase of Shares

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DLA Piper has advised Alchemia S.A. on the purchase of more than six million of its own shares that followed its offer announcement of November 14, 2018.

Alchemia purchased a total of 6,670,500 of its own shares at a price of PLN 4.80 per share, for a total price of more than PLN 32 million. The purchased shares constitute 3.34% of Alchemia's share capital.

Alchemia S.A. is a Polish company listed on the Warsaw Stock Exchange. It specializes in the production of seamless steel tubes and other specialized steel products.

DLA Piper's team was led by Counsel Jakub Domalik-Plakwicz, supported by Senior Associate Wojciech Kalinowski, Associate Adam Marszalek, and Junior Associate Michal Kuratowski.

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