Profil:
XTB SAXTB brokerage shareholder wants to sell in ABB over 9.4 mln shares in XTB
Listed brokerage XTB's shareholder, XX ZW Investment Group, wants to sell an approximately 8 percent stake in the accelerated book building process, which translates into approximately 9,405,540 shares, XTB said in a market filing.
"Assuming the sale of all sold shares under the ABB process, the shareholder will hold 42,067,329 shares in the company, representing approximately 35.78 percent of the shares in the company's share capital and approximately 35.78 percent of the total number of votes in the company," XTB said in the market filing.
"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," it added.
It was reported that in connection with the accelerated book building, listed lender Santander Bank Polska - Santander Biuro Maklerskie (Santander BP's brokerage) together with Banco Santander and UBS AG London Branch are acting as global coordinators and joint bookrunners.
The bookbuilding will commence immediately and may be completed at any time. The selling price of the shares and the final number of shares will be announced after the bookbuilding process is closed.
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