Tomasz Drągowski

Counsel
Attorney-at-law

Capital Markets

Specializes in the law of trading in financial instruments on the capital markets, in particular private and public offerings and other types of securities transactions. He deals, among other things, with issues of management option programs, share buybacks and the acquisition of shares in public companies, including conducting tender offers. Tomasz advises on corporate governance issues, the performance of information duties of public companies and, more generally, regulatory compliance, in particular under the Market Abuse Regulation, as well as on the day-to-day operations of entities within the remit of the Polish Financial Supervision Authority (PFSA). Represents clients in regulatory matters, including administrative and administrative court proceedings in licensing and supervision of the activities of entities operating in the capital market (with particular emphasis on imposition of administrative penalties).

Languages:

BIO

From 1993 to 2005, worked at the Polish Securities and Exchange Commission (now the Polish Financial Supervision Authority), where he served as Deputy Director of the Legal Department.

Was a member of the Examination Committee for Candidates for Securities Brokers. Coordinated the legislative work of the office of the Polish Securities and Exchange Commission, co-authoring drafts of legal acts regulating the nascent capital market in Poland, including the following laws: on bonds (1995), on investment funds (2000), the Law on Public Trading in Securities (1997, 2003), on public offering and the conditions for introducing financial instruments into the organized trading system and on public companies (2005), on trading in financial instruments (2005), on and capital supervision (2005).

Joined GESSEL in 2005.

 

Experience

Selected projects

  • Advised on the announcement of a tender offer for 100% of OEX S.A. shares
  • Advised on the strategic alliance between Nets and the operator of the Przelewy24 service
  • Advised on the sale of 32.99% of the shares in the public company Skarbiec Holding S.A. (value: approx. PLN 75 mln)
  • Advised on the sale of a controlling stake in Novita S.A. to Tebesa S.A. (a subsidiary of Vaporjet Ltd.) through a tender offer
  • Advised on the transfer of shares of APS Energia S.A. from NewConnect to the main floor of the Warsaw Stock Exchange
  • Carried out the transfer of Compria.pl S.A. shares from NewConnect to the to the main floor of the Warsaw Stock Exchange (value: approx. PLN 75 mln)

Education and achievements

  • Legal Studies at the Faculty of Law and Administration, University of Warsaw (1993)
  • Postgraduate Studies of Legislative Issues at the Faculty of Law and Administration of the University of Warsaw
  • Legal training at the District Chamber of Legal Advisers in Warsaw (1999)