One United Properties shares will start trading on Monday July 12th

7/9/2021

Bucharest Stock Exchange (BVB) informs that on Monday, July 12th, One United Properties shares, a premium housing and offices developer in Romania, will start trading on  BVB’s Main Market, under the ticker ONE. One United Properties listing comes after an Initial Public Offer (IPO) through which the issuer attracted RON 260mn for a share capital increase.

The IPO was carried out between June 22nd and July 2nd. The company sold 130,007,085 shares, in 3 tranches: for institutional investors, for retail investors with guaranteed allocation, as well as one with pro-rata allocation. The shares were sold at a price of RON 2/share, and for the orders introduced in the first 3 working days of the offer on the tranche of retail investors with pro-rata allocation, the price was RON 1.94/share. Institutional investors bought 63% of the total number of shares, and retail investors 37% (of which 20% in the guaranteed allocation segment and 17% in the pro-rata allocation segment). The anticipated capitalization of the company amounts to RON 2.86bn. The IPO and the listing were assisted by BRK Financial Group.

One United Properties team will ring BVB’s bell for the company’s listing on Monday, July 12th. The Opening Bell ceremony will be broadcasted LIVE, starting with 9:45 AM, on BVB’s social media channels Facebook, YouTube and LinkedIn.

More information about the company is available on the BVB website at this LINK.