Paweł Piotrowski

• Represented Dom Maklerski Banku Handlowego S.A. acting as the Global Coordinator in the sale, through an accelerated bookbuilding process, of Ten Square Games S.A. shares. The sold shares represent 6% of the share capital and total votes in the company (the value of the transaction exceeded PLN 138 million).
• Represented Goldman Sachs and UBS, acting as Global Coordinators and Joint Bookrunners, mBank and PKO BP Biuro Maklerskie, as Joint Bookrunners and investment firms intermediating in the public offering of the securities and WOOD & Company as a Joint Bookrunner, in connection with the IPO of shares in STS Holding S.A. and their admission to trading on the WSE (the transaction value exceeded PLN 1.1 billion).
• Represented 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, in connection with the IPO of shares in Grupa Pracuj S.A. and their admission to trading on the WSE (the transaction value exceeded PLN 1.1 billion).
• Represented Benefit Systems S.A. on the sale of the company’s 118,053 treasury in an accelerated book building process (the value of the Transaction amounted to over PLN 94.4 million).
• Represented mBank S.A., acting as the manager, in the public offering, through an accelerated bookbuilding process, of newly issued Mabion S.A. shares (the transaction value exceeded PLN 130 million).  
• Represented Wood & Co. acting as the Sole Global Coordinator in the sale, through an accelerated bookbuilding process, of Ten Square Games S.A. shares representing 9.78% of the share capital and total votes in the company (the transaction value exceeded PLN 355 million). 
• Represented Goldman Sachs International and Morgan Stanley, as Global Coordinators and Joint Bookrunners, Barclays Bank, BofA Securities, Citi, as Joint Bookrunners, Biuro Maklerskie PKO BP and Santander Biuro Maklerskie, as the Joint Bookrunners and Co-Offering Agents, and Bank Pekao, Pekao Investment Banking, Crédit Agricole Corporate and Investment Bank, Erste Group and Raiffeisen Centrobank as the Co-Lead Managers, in connection with the PLN 9.2 billion (PLN 10.6 billion including the over-allotment shares) IPO of shares in Allegro.eu and their admission to trading on the WSE. This is the largest IPO in Poland’s history.
  
• Represented UBS and IPOPEMA in connection with a PLN 140 million new share offering of Ryvu Therapeutics.
  
• Represented CCC S.A. in connection with a PLN 500 million new share offering.
• Represented Wood & Co. acting as the Sole Global Coordinator in a sale, through an accelerated bookbuilding process, of Ten Square Games S.A. shares representing 13.3% of the share capital and total votes in the company (the transaction value exceeded PLN 220 million).
• Represented a consortium of investment banks (Pekao Investment Banking S.A., Kempen & Co. N.V. and Wood & Company Financial Services, A.S. Spółka Akcyjna, Polish Branch) in an offer concerning the sale of shares in Echo Investment S.A. by its majority shareholder; the offer was carried out by way of an accelerated bookbuilding without the need to prepare a prospectus for the offering.
• Represented CCC S.A. for the purposes of the issue and offer of a new issue of shares under an accelerated bookbuilding procedure, without the need to draw up a prospectus regarding such shares, and the admission of the new issue shares to trading on the WSE. The value of the offer was PLN 530 million.
• Represented a consortium of investment banks (Citigroup Global Markets Ltd, Dom Maklerski Banku Handlowego, Raiffeisen Bank International AG and Raiffeisen Bank Polska S.A. Dom Maklerski Raiffeisen Bank Polska S.A.) in the initial public offering (IPO) of shares of Raiffeisen Bank Polska S.A.
• Represented a consortium of banks (Pekao Investment Banking S.A., UniCredit Bank AG, London Branch, IPOPEMA Securities S.A. and mBank S.A.) in the sale, through an accelerated bookbuilding process, of Wirtualna Polska Holding S.A. shares. The sold shares represent 27.18% of the share capital and 19.51% of the total votes in the company. The value of the transaction amounted to PLN 390 million.
• Represented J.P. Morgan, Pekao Investment Banking S.A., UniCredit Bank AG London branch and IPOPEMA Securities S.A. in connection with the IPO and the admission of the shares of X-Trade Brokers Dom Maklerski S.A. to trading on the Main Market of the WSE.
• Represented Pekao Investment Banking S.A., IPOPEMA Securities S.A. and Vestor Dom Maklerski S.A. as the offering managers, in connection with the initial public offering and the admission of the existing shares of AAT Holding S.A. to trading on the WSE. The value of the transaction amounted to PLN 57.5 million.
• Represented Cyfrowy Polsat as issuer in a PLN 1 billion notes offering, the first of its kind under the new Bonds Act.
• Represented the investment banks UBS Limited and WOOD & Company Financial Services in the sale of 7.8% of CCC S.A. shares through accelerated bookbuilding. The value of the transaction exceeded PLN 511 million.
• Represented Wirtualna Polska Holding S.A. and its selling shareholder, European Media Holding S.à r.l. – an entity controlled by the private equity fund Innova Capital, on the initial public offering of shares and listing on the WSE.
• Represented Grupa LOTOS S.A. in connection with a PLN 1 billion rights issue.
• Represented UBS Limited, Deutsche Bank AG, London Branch and Dom Maklerski BZ WBK S.A.as the managers in the accelerated bookbuilding for 2% of shares of Bank Zachodni WBK S.A. sold by Banco Santander S.A. The value of the transaction was over PLN 700 million.
• Represented Deutsche Bank AG, London Branch, Goldman Sachs International and UniCredit as global coordinators and joint bookrunners, and Espirito Santo Investment Bank, PKO Bank Polski and Société Générale as joint bookrunners, in the process of accelerated bookbuilding by the State Treasury and Polskie Inwestycje Rozwojowe S.A. for the shares of PGE S.A for the total price of PLN 1.32 billion.
• Represented Dom Maklerski BZ WBK, Renaissance Capital, Société Générale and others in a domestic and international offering, through an accelerated bookbuilding, of Alior Bank’s shares for PLN 464.2 million.
• Represented the European Bank for Reconstruction and Development in connection with its participation in the IPO of PKP Cargo and the acquisition of 5.27% of PKP Cargo’s shares. The value of the transaction was PLN 155.4 million.
• Represented the underwriters: Deutsche Bank, Citigroup, Morgan Stanley, BofA Merrill Lynch, Credit Suisse, KBC Securities and Santander Investment in connection with one of the biggest secondary offerings in the history of the WSE – the PLN 4.9 billion secondary offering of BZ WBK shares.
• Represented the Joint Global Coordinators: Citigroup Global Markets Limited, DMBH, Société Générale, UBS and Deutsche Bank AG, London Branch, and the Joint Bookrunners: DM PKO BP, DI BRE, DM BZ WBK and Wood&Co in the PLN 238.6 million IPO of Polski Holding Nieruchomości (PHN).
• Represented J.P. Morgan, Morgan Stanley, Ipopema S.A. and others – joint global coordinators and bookrunners in Alior Bank’s PLN 2.1 billion IPO.
• Advised UniCredit in connection with the PLN 445.5 million IPO of Open Finance S.A. on the WSE.°
• Advised BRE Bank S.A. on its PLN 2 billion rights issue.°
• Advised Citigroup, Deutsche Bank, ING and Dom Maklerski BZ WBK on a domestic and international offering, through an accelerated bookbuilding, of the Polish Treasury’s shares in the listed KGHM Polska Miedź S.A.°
• Assisted in introducing IVAX Corporation (IVAX) shares to public trading and the exchange offer for IVAX shares in exchange for Polfa Kutno S.A. shares.°
• Assisted in preparing the public offer of shares of Teva Pharmaceutical Industries Ltd. addressed to the Polish shareholders of IVAX in light of the merger of the two companies.°
• Assisted in preparing Opoczno S.A.’s prospectus and its IPO.°
• Advised on the Polish aspects of the Bank Austria Creditanstalt AG (BACA) listing on the Vienna Stock Exchange and assisted both BACA and CA IB Securities S.A. as the offeror with respect to introduction of BACA shares to public trading in Poland and listing on the WSE. BACA was the first foreign company listed on the WSE.°

• Represented Deutsche Bank AG in connection with the sale and demerger of Deutsche Bank Polska S.A.’s local Private & Commercial Banking business to Santander Bank Polska S.A.
• Represented Cyfrowy Polsat S.A. in connection with all aspects of the acquisition of Polkomtel sp. z o.o. which included (i) negotiating agreements with existing shareholders, (ii) issuing of Cyfrowy Polsat’s new shares and their admission on the WSE, as well as (iii) refinancing of the existing indebtedness of the Cyfrowy Polsat and Polkomtel capital group (Senior Notes, PIK Notes and Senior Facilities). The value of the transaction was PLN 6.15 billion.
• Advised EDF on the proposed acquisition of shares in ENEA S.A. from the state treasury in the privatization process.°
• Advised RWE on the proposed acquisition of shares in ENEA S.A. from the state treasury in the privatization process.°
• Advised on the acquisition of the Polish banking and financial assets of Fortis Group, including a controlling stake in Fortis Bank Polska S.A. and Dominet Bank S.A. by BNP Paribas.°

• Represented Innova/6 in the acquisition of a majority stake in STX Next sp. z o.o.
• Represented Innova/5 in the exit and sale of shares in Pekaes sp. z o.o. to GEODIS S.A.
• Represented Innova Capital in connection with the takeover of “CHEMES M. SZPERLIŃSKI” sp. z o.o. and the creation of a holding company and capital group including Drukarnia Embe Press S. Bezdek M. Mamczarz sp. z o.o. and “CHEMES M. SZPERLIŃSKI” sp. z o.o.
• Represented Innova Capital in connection with the acquisition of a majority stake in Drukarnia Embe Press S. Bezdek M. Mamczarz sp. z o.o.
• Represented Innova Capital as the majority shareholder of Profim sp. z o.o. in a transaction concerning the contribution of all shares in Profim sp. z. o.o. to Flokk Group (a leading Scandinavian office furniture manufacturer) in exchange for new shares in a holding company belonging to Flokk Group.
• Represented Innova Capital in connection with the acquisition of a majority stake in the Polish company Profim sp. z o.o.
• Represented Innova Capital, a private equity fund, in the acquisition of a majority stake in PEKAES S.A. from Kulczyk Investments S.A. and Kulczyk Holding S.A., further tender offer and squeeze-out and the Warsaw Stock Exchange delisting process.

°The above representations were handled by Mr. Piotrowski prior to his joining GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k.

• Chambers Global: Band 2 in Capital Markets: Equity (2022-2024); Band 3 in Capital Markets: Equity (2020-2021), Band 4 in Capital Markets: Equity (2018-2019), “Up and Coming” in Capital Markets (2015-2016)
• Chambers Europe: Band 2 in Capital Markets: Equity (2022-2024); Band 3 in Capital Markets: Equity (2020-2021), Band 4 in Capital Markets: Equity (2018-2019), “Up and Coming” in Capital Markets: Equity (2014-2016)
• IFLR1000: Highly Regarded in Capital Markets: Equity (2018-2023), M&A (2018-2023) and Private Equity (2018-2023)
• EMEA Legal 500: Leading individual in Capital Markets (2022-2024); Recommended in Private Equity (2021-2024), Capital Markets (2021), Banking and Finance (2021) and Capital Markets: Equity (2018-2019)
• Best Lawyers: Recommended in Capital Markets (since 2016)

• Member, Warsaw Bar of Attorneys-at-Law