Advent International offering 4 percent of InPost shares, at EUR 17 per share
AI Prime, global private equity investor Advent International's subsidiary, is offering in an accelerated placement c. 4 percent of Amsterdam-listed Polish parcel locker operator InPost, at EUR 17 per share, financial services company Jefferies International wrote in a market filing. The placement amounts to 20 million shares.
Upon settlement of the placement, the aggregate ownership interest of AI Prime in InPost's issued ordinary share capital will be around 11 percent. Settlement is expected to occur on September 13, 2024.
As part of the transaction, remaining shares held by AI Prime will be subject to a 60 day lock up period, subject to customary exemptions.
Barclays Bank PLC, Goldman Sachs International and Jefferies GmbH acted as Joint Global Co-Ordinators and Joint Bookrunners for the placement.
BNP Paribas, Banco Santander, S.A. and Santander Bank Polska S.A. acted as Joint Bookrunners. STJ Advisors acted as advisors to AI Prime on the Placement.
InPost will not receive any proceeds from the placement.
han/ pel/