GESSEL advises Skarbiec Holding S.A. on its IPO

GESSEL has provided comprehensive legal services in association with the initial public offering of Skarbiec Holding S.A. and admission of its shares to trading on the regulated market of GPW, the Warsaw bourse. Skarbiec Holding S.A. is the owner of Skarbiec TFI S.A., one of the most recognisable names among asset management societies in Poland.

The share offering involved sale of shares by Skarbiec Holding Limited, an affiliate of the Enterprise Investors fund. At the same time, GESSEL advised on the implementation of two incentive schemes involving shares from the new issue for key management personnel of the Skarbiec group.

The entire project was supervised on behalf of GESSEL by Leszek Koziorowski, partner, and day-to-day work was led by Krzysztof Marczuk, managing associate. Other members of the GESSEL project team included Magdalena Szeplik, trainee advocate and, for the incentive scheme component, Michał Boryczka, managing associate and Emanuel Kośka, trainee attorney.