Profil:
XTB SAUPDATE: XTB brokerage shareholder sells 8 pct of shares in XTB at PLN 78 apiece in ABB
Listed brokerage XTB's shareholder, XX ZW Investment Group, sold 9,405,540 shares in XTB, representing 8 percent of the share capital, as part of an accelerated bookbuilding process completed late Monday, XTB said in a market filing. The sale price was set at PLN 78 (EUR 18.23) per share.
Following the settlement of the ABB sale, XX ZW Investment Group will hold 35.78 percent of XTB shares.
The shareholder has agreed, subject to standard practice exceptions, to observe a restriction on the transferability of the remaining XTB shares held by it after ABB for a period of 180 days from the date of settlement of the ABB share sale transaction.
Listed lender Santander BP's brokerage, Santander Biuro Maklerskie, together with Banco Santander and UBS AG London Branch acted as global coordinators and joint bookrunners.
At the close of Monday's session, XTB's share price was PLN 84.50 (EUR 19.75).
"It is the shareholder's intention to remain a strategic investor in the company and to continue to support the company in its dynamic development," XTB said in the market filing on Monday, prior to the completion of ABB.
pr/ ao/
