GESSEL advised on the sale of shares in Vercom S.A. by Lithuanian shareholders in ABB transaction valued at nearly 300 million PLN

GESSEL provided legal advisory services to the Lithuanian shareholders, Ignas Rubežius, Ilma Nausedaite, and the company Ad Hoc Technologijos, UAB, in the sale of approx. 12.08% of shares in Vercom S.A. through an accelerated bookbuilding (ABB) transaction valued at nearly 300 million PLN.

The public offering was directed primarily to international and Polish institutional investors. Erste Group Bank AG, headquartered in Vienna, acted as the global coordinator of the offering, while Erste Securities Polska served as the local coordinator.

The closing of the transaction was preceded by the liquidation of the Lithuanian company ITEMA Ventures, UAB, owned by Ignas Rubežius and Ilma Nausedaite, during which the Vercom S.A. shares were transferred to the individual shareholders.

“This transaction is very important to us due to its international nature. It confirms our leading position in handling this type of deal on the ECM market, as well as our ability to carry out complex, high-value projects. I would like to thank our clients for their trust and my team for their professionalism and effective work,” said Krzysztof Marczuk, Partner, GESSEL.