Capital Park Group plans to offer up to 20 955 314 shares, making up for 20,01 percent of the company's total capital. The firm wants to gain 210 million zlotys by the public offering of their shares on the Warsaw's Stock Exchange (without the costs of introducing the offer). The income from the emission will be allocated towards the financing of the development of currently ongoing projects and new acquisitions.
Depending on the market conditions, the offer should be introduced in the fourth quarter of 2013. Cooperating on the Demand List are Dom Inwestycyjny BRE Bank and the Polish branch of Espirito Santo Investment Bank S.A.. The Global Coordinator and the Offering Subject is also Dom Inwstycyjny BRE Bank.
The successful emission depends on the receiving of all necessary permits, including proper decisions given by Polish Financial Supervision Authority, the registration of company's shares in Krajowy Depozyt Papierów Wartościowych S.A. and the admission and introduction of company's shares to circulation on the regulated market conducted by Warsaw's Stock Exchange.
Capital Park works since 2003 and since then, it has conducted nearly 100 investments. Currently, it manages the real estate portfolio covering 76 projects with a total gross space of about 247 560 sqm, from which 93 030 sqm are office real estate. In the 3-5 years perspective, the key projects in the group's portfolio are three Warsaw's investments: Eurocentrum Office Complex, Royal Wilanów and Art Norblin.