WARSAW – May 11, 2016 – Greenberg Traurig advised the investments banks acting as the Managers of the Offering: J.P. Morgan, Pekao Investment Banking S.A., UniCredit Bank AG London branch and IPOPEMA Securities S.A. in connection with the initial public offering and the admission of the shares of X-Trade Brokers Dom Maklerski S.A. to trading on the Main Market of the Warsaw Stock Exchange.
The value of the Initial Public Offering amounted to PLN 188.9 million, and it is the largest IPO of a Polish company in almost a year in terms of the value of the placed shares.
Greenberg Traurig provided the Managers of the Offering with comprehensive legal advice with respect to Polish, English, and American law in connection with the preparation and execution of the IPO.
The Greenberg Traurig Warsaw team was led by Partners Rafał Sieński and Federico Salinas who were supported by Local Partner Paweł Piotrowski and Associate Agata Wiśniewska.
The Capital Group of XTB is a multinational supplier of products, services, and technology solutions within trading environment of financial instruments. It specializes in OTC market, in particular in CFDs, the financial derivatives which are investments products whose return depends on changes in the price and value of the instruments and underlying assets.