WARSAW, 9 December 2021 – Greenberg Traurig acted as legal counsel to the investment banks in the initial public offering of shares in Grupa Pracuj S.A. and the admission of its shares to listing on the Warsaw Stock Exchange.
The value of the shares sold in the IPO was over PLN 1.1 billion. The IPO of Grupa Pracuj included a retail and institutional public offering in Poland as well as an institutional offering for investors outside of Poland in accordance with Rule 144A and Regulation S under the U.S. Securities Act of 1933.
Greenberg Traurig provided comprehensive legal advice with respect to Polish, English and American law in connection with the preparation and execution of the IPO. Greenberg Traurig advised Goldman Sachs, Citi, Trigon Dom Maklerski, acting as Global Coordinators and Joint Bookrunners, Numis Securities Limited as a Joint Bookrunner and mBank as a Co-Manager of the offering.
The transaction was led by Partner Paweł Piotrowski who was supported by Associates Jakub Tarłowski and Michał Bałdowski. The Team included Local Partner Maciej Kacymirow who was responsible for selected tax aspects and Senior Associate Agnieszka Stopińska who coordinated the due diligence process and was supported by Senior Associates Natalia Wołkowycka, Mateusz Koronkiewicz, Tomasz Denko and Anna Celejewska-Rajchert and Associates Angelika Makar, Adam Anduła and Maciej Jabłoński.
London Partners Dorothee Fischer-Appelt and James Mountain, supported by Henry Wood, advised on English and U.S. law. U.S. Partners Richard M. Cutshall and Arthur Don were responsible for matters related to the U.S. Investment Company Act of 1940.
Grupa Pracuj is a leader on the digital recruitment market and has been present in Poland and Ukraine for over 20 and 15 years, respectively. The company is the owner of brands contributing to a digital ecosystem addressed to the HR world. Key brands include Pracuj.pl, Robota.ua and eRecruiter. Grupa Pracuj services are actively used by over 80 thousand employers, while the company’s website reported an average of 6.8 million visits monthly in 2020.
Greenberg Traurig is recognized as a longstanding leader in Poland with respect to capital markets. For many years, the Warsaw Capital Markets Practice has been consistently ranked at the very top by leading international directories: Band 1 by Chambers Global, Chambers Europe and the Legal 500, as well as Tier 1 by the IFLR 1000. The Practice offers clients an unparalleled breadth of experience in all aspects of Polish securities law, allowing for the facilitation of all phases of securities transactions on Polish and international capital markets. Greenberg Traurig Warsaw’s seasoned capital markets professionals are acknowledged leaders in Poland and together make up one of the most experienced teams among international law firms in the vibrant Central European market.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2300 attorneys serving clients from 40 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year award at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.
For more information, please visit www.gtlaw.com.