Archive
- 02/2025 (IPO) PUBLIC OFFERING OF SHARES OF ING-GRAD d.d.
ING-GRAD Joint Stock Company for Special Construction Works (hereinafter referred to as the “Issuer”) hereby announces its intention to sell 1,200,000 of its own registered shares through a public offering (hereinafter referred to as the “Offering”). Each share has a nominal value of EUR 1.00 and is recorded in book-entry form with the Central Depository &. Clearing Company Inc., Zagreb (“SKDD”) under the security identifier IG-R-A and ISIN HRIG00RA0009 (the “Offered Shares”).
On January 9, 2025, the General Assembly of the Issuer adopted a Decision on the listing of all the Issuer’s shares, including the Offered Shares, totaling 3,990,000 registered ordinary shares with a nominal value of EUR 1.00 each, recorded in book-entry form with SKDD under the security identifier IG-R-A and ISIN HRIG00RA0009 (the “Shares”), on the regulated market of the Zagreb Stock Exchange Inc., Zagreb (the “Zagreb Stock Exchange”).
Additionally, on February 13, 2025, the Issuer’s Management Board adopted a Decision on the Sale of Own Shares by Public Offering and the Listing of shares on the Official Market of the Zagreb Stock Exchange (the “Decision on the Sale of Own Shares by Public Offering”), which stipulates that the Issuer will conduct the Offering for the sale of 1,200,000 of its own ordinary shares, i.e., the sale of the Offered Shares.
The Issuer will carry out the Offering under the Decision on the Sale of Own Shares by Public Offering and applicable regulations. Upon completion of the Offering, the Issuer will seek to list all Shares (including the Offered Shares) on the Official Market of the Zagreb Stock Exchange.
The Croatian Financial Services Supervisory Agency (“HANFA”), by its Decision dated February 19, 2025 (KLASA: UP/I 996-02/25-01/01, URBROJ: 326-01-60-62-25-19), has approved the Issuer’s unified Prospectus for the Public Offering of 1,200,000 ordinary shares and the listing of 3,990,000 ordinary shares on the Official Market of the Zagreb Stock Exchange (the “Prospectus”).
The Prospectus has been published on the Issuer’s website and is available at https://ipo.ing-grad.hr/.
The approval of the Prospectus should not be considered an approval of the Shares offered or admitted for trading on the regulated market.
Potential investors are advised to read the Prospectus before making an investment decision to fully understand the potential risks and benefits of investing in the Shares. Potential investors are also encouraged to seek appropriate professional advice if needed before making an investment decision regarding the Shares.
For additional information regarding the Offering, interested investors may contact the Underwriter:For Individual Investors:
INTERKAPITAL vrijednosni papiri d.o.o.
Brokerage Services and Trading Department
Address: 1 Masarykova St., 10 000, Zagreb
Business hours: Mon-Fri 08:30-16:30
Phone: +385 1 4825 890
brokeri@intercapital.hr
For Institutional Investors:
INTERKAPITAL vrijednosni papiri d.o.o.
Brokerage Services and Trading Department
Address: 1 Masarykova St., 10 000, Zagreb
Business hours: Mon-Fri 08:30-16:30
Phone: +385 1 4825 890
brokeri@intercapital.hr
More information:
ING-GRAD d.d. - Investor Presentation
ING-GRAD d.d. - Acceptance of Offer Statement Form
ING-GRAD d.d. - Notice of the Final price of the Offered Shares
ING-GRAD d.d. - Public offering results notice
ING-GRAD d.d. - Decision on allocation rules
ING-GRAD d.d. - Allocation rules for purchased offered shares
- 11/2024 (IPO) STUDENAC GROUP S.A.
Studenac Group S.A. (“Studenac” or the “Company”), the largest food retailer in Croatia by number of stores and one of the fastest growing in CEE, on 19 November 2024 published its prospectus in connection with the initial public offering of the Company’s shares. Studenac intends to be dual listed on the Zagreb and Warsaw stock exchanges.
The offering consists of the issuance of up to 24,066,667 new shares and the sale of up to 31,103,927 existing shares, i.e. up to 55,170,594 shares in total, representing up to 35.0% of the Company's share capital post-IPO (assuming the issuance by the Company of the maximum number of the new shares).
Studenac intends to raise gross proceeds of approximately EUR 80 million from the issuance of new shares in connection with the offering to finance the further dynamic growth of the business, including acquisitions and store network roll-out, as well as to reduce leverage as measured by the Adjusted Net Debt/EBITDA ratio.
The offering is addressed to retail and institutional investors in Croatia and Poland, qualified institutional buyers in the United States and to selected international institutional investors in certain other jurisdictions in accordance with the prospectus. It is expected that retail investors will be offered up to approximately 10% of the offered shares.
Purchase orders from Croatian retail investors will be accepted by ERSTE&STEIERMÄRKISCHE BANK d.d. and Zagrebačka banka d.d. from 20 November to 27 November 2024 by 14:59 CET, at the maximum price set at EUR 3.32 per share.
Below is a list customer service points accepting purchase orders for the Company’s shares::- ERSTE&STEIERMÄRKISCHE BANK - retail investors who are individuals
- ERSTE&STEIERMÄRKISCHE BANK - retail investors who are legal persons
- ZAGREBAČKA BANKA - retail investors who are individuals
- ZAGREBAČKA BANKA - retail investors who are legal persons
The final price and the final number of the shares offered to each category of investors will be determined after the bookbuilding process among institutional investors and are expected to be published on 27 November 2024 or the day after.
For the purpose of the bookbuilding process, the price range for the shares offered to institutional investors has been set at EUR 3.14 to EUR 3.32 per share.
The terms and conditions of the offering are presented in the prospectus, which, together with its summary translated into Polish and Croatian, has been published on the Company’s website (www.studenacgroup.eu) and on the website of the Luxembourg Stock Exchange (www.luxse.com), after approval by the Luxembourg Financial Supervision Authority (Commission de Surveillance du Secteur Financier, CSSF) and passporting of the prospectus to Poland and Croatia.
More information:
Prospectus of Studenac Group S.A.
Croatian translation of the Prospectus summary
Public invitation for participation in the Croatian Offering to Croatian Retail Investors
STUDENAC - Information about the Company
- 09/2021 (IPO) SPAN d.d.
SPAN d.d. (hereinafter: the "Issuer") announces that it intends to sell 578,200 treasury shares with an individual nominal value of HRK 10.00, which are kept at the Central Depository and Clearing Company d.d., Zagreb (hereinafter: "SKDD") in dematerialized form under the security code SPAN-RA and ISIN code HRSPANRA0007 (hereinafter: "Offered Shares") through a public offering (hereinafter: the "Public Offering").
On 24 May 2021, the General Assembly of the Issuer passed a Decision on the listing of all 1,960,000 ordinary shares of the Issuer (hereinafter: "Shares"), including the Offered Shares, on the regulated market of the Zagreb Stock Exchange d.d., Zagreb (hereinafter: "Zagreb Stock Exchange").
Additionally, on May 27, 2021, the Issuer's Management Board passed a Decision on the sale of the Offered Shares through a Public Offering and on the listing of the Shares on the Official Market of the Zagreb Stock Exchange (hereinafter: the "Decision on the Sale of Own Shares by Public Offering"), which stipulates that the Issuer will conduct the Public Offering for the purpose of selling all 578,200 Offered Shares and that upon the finalization of the Public Offering, it will request the listing of all Shares on the Official Market of the Zagreb Stock Exchange.
The Issuer shall carry out the Public Offering in accordance with the Decision on the Sale of Own Shares by Public Offering as well as in accordance with the applicable regulations. After the finalization of the Public Offering, the Issuer will request the listing of all Shares (including the Offered Shares) on the Official Market of the Zagreb Stock Exchange.
The Croatian Financial Services Supervisory Agency (hereinafter: "HANFA"), by a Decision dated 08.07.2021, class: UP/I 976-02/21-01/05, record number: 326-01-60-62-21-9, approved a single Prospectus to the Issuer regarding the Public Offering of Offered Shares and the listing of Shares to a regulated market (hereinafter: "Prospectus").
The Prospectus is published on the Issuer's website and is available at the following link: https://www.span.eu/en/media/prospekt/.
The approval of the Prospectus should not be understood as an endorsement of the Shares offered or admitted to trading on a regulated market.
It is recommended to potential investors to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the Shares. It is also recommended to potential investors to seek appropriate expert advice if necessary before making an investment decision to purchase the Offered Shares or to invest in the Shares.
For all additional information related to the Public Offering, please contact the Offering and Listing Agent:For investors who are natural persons:
Zagrebačka banka d.d.
Contact centre
Working hours: Monday-Friday 08:00 a.m. – 09:00 p.m.
Phone: 01/3789 387
E-mail: zaba@unicreditgroup.zaba.hrFor investors who are legal entities:
Zagrebačka banka d.d.
Institutional Sales
Savska cesta 62
10000 Zagreb
Working hours: Monday-Friday 08:30 a.m. – 16:30 p.m.
Phone: 01/6006-679, 01/6006-671
E-mail: Institutional.Sales@unicreditgroup.zaba.hr* This Advertisement has been drawn up in accordance with the provisions of Article 22 of Regulation (EU) 2017/1129 and Articles 13 to 16 of Commission Delegated Regulation (EU) 2019/979.
More information:
SPAN d.d. – Public invitation for submission of Offer Acceptance Statements
SPAN d.d. – Prospectus regarding the public offering and listing of shares on the regulated market
SPAN d.d. – Investor presentation
SPAN d.d. – Form of Offer Acceptance Statement for Qualified investors
SPAN d.d. – Form of Offer Acceptance Statement for Retail investors
SPAN d.d. – Form of Offer Acceptance Statement for Employees
- 07/2021 (SPO) Meritus ulaganja d.d.
On 2 June 2021, the Management Board of Meritus ulaganja d.d. (“Issuer”) passed a Resolution on increase of the share capital by cash contributions and issuance of shares (Authorized Capital) (hereinafter: "Share Capital Increase Resolution") based on the authorization given to the Issuer's Management Board by the General Assembly of the Issuer as of 30 June 2020 (Authorized Capital Resolution) and by the Articles of Association of the Issuer. The Supervisory Board gave its consent to the Share Capital Increase Resolution at its meeting held on 2 June 2021.Pursuant to the Share Capital Increase Resolution, the increase of the share capital of the Issuer will be carried out from the amount of HRK 85,780,500.00, by the amount of up to HRK 14,000,000.00, to the amount of up to HRK 99,780,500.00, by cash contributions, by issuing of at least 122,000 and at most 140,000 of new shares. The offering will be conducted in two rounds each lasting 14 (fourteen) days. Both rounds will begin, last and end simultaneously.
The Issuer will, subject to the success of the public offering, request listing of new shares on the Official market of the Zagreb Stock Exchange.
The Croatian Financial Services Supervisory Agency (Croatian: Hrvatska agencija za nadzor financijskih usluga, "HANFA") approved the Simplified prospectus of issuance by public offering and listing of shares on the regulated market (the "Prospectus") by its Decision classification no.: UP/I 976-02/21-01/06, record no.: 326-01-60-62-21-6, dated 8 July 2021. The Prospectus is published and available on the Issuer’s website.
Potential investors should read the Prospectus before making a potential investment decision, in order to fully understand the potential risks and benefits associated with the decision on investment into shares of the Issuer. The approval of the Prospectus by HANFA should not be understood as an endorsement of the shares offered or admitted to trading on the regulated market of the Zagreb Stock Exchange, Inc.
Before making an investment decision on subscription of new shares, the Issuer invites potential interested investors to read and familiarize themselves with the Prospectus, including, but not limited to the risk factors stated in the Prospectus that affect the regular operations of the Issuer and its group. Potential investors should independently assess the financial condition, potential and risks related to the Issuer and its group and based on that make a decision on possible subscription of the new shares.
For all additional information related to the public offering of the new shares of the Issuer, please contact the Issuing and Listing Agent:
Privredna banka Zagreb d.d.,
Radnička cesta 50,
10000 Zagreb,tel. (01) 6360 702; 64 476/477,
fax (01) 6360 743,
e-mail: capital.markets@pbz.hrMonday to Friday from 8:30 a.m. to 4:30 p.m.
* This advertisement has been drawn up in accordance with the provisions of Article 22 of the Regulation (EU) 2017/1129 and Articles 13 to 16 of the Commission Delegated Regulation (EU) 2019/979.
More information:
Meritus ulaganja d.d. - Public Invitation for Subscription of New Shares
Meritus ulaganja d.d. - Subscription Form
Meritus ulaganja d.d. - Investor Presentation
Meritus ulaganja d.d. – Information on the successully public offer of the new shares (28.7.2021.)
- 12/2020 (IPO) CIAK Grupa d.d.
On 10 November 2020, the General Assembly of CIAK Grupa d.d. (the "Issuer") passed a decision on increase of the share capital and issue of ordinary shares through a public offering in the Republic of Croatia. The increase in the share capital shall be carried out by issuing a maximum of 7,218,825 new ordinary registered shares without par value.The Croatian Financial Services Supervisory Agency (Croatian: Hrvatska agencija za nadzor financijskih 3usluga, "HANFA") approved the Prospectus of the Issuer on 3 December 2020 on basis of Decision, classification number: UP/I 976-02/20-01/10, record number: 326-01-60-62-20-7 (the "Prospectus").
The Issuer hereby states that the approval of the Prospectus should not be understood as an endorsement of the shares offered for subscription within the public offering.
The Issuer will, subject to the success of the public offering, request listing on the Official Market of the Zagreb Stock Exchange for new shares and all 13,406,390 existing shares.
Before making an investment decision on subscription of new shares, the Issuer invites potential investors to read and become familiar with the Prospectus, including, but not limited to risk factors listed in the Prospectus that affect the Issuer’s regular operation. Potential investors should independently assess the financial condition, potential and risks related to the Issuer and on that basis make a decision on possible subscription of new shares.
For all additional information related to the public offering of new shares of the Issuer, please contact the Issuing Agent on the following:
Privredna banka Zagreb d.d.,
Radnička cesta 50,
10000 Zagreb,
tel. (01) 6360 765/ 702; 64 476/477,
fax (01) 6360 743,
e-mail: capital.markets@pbz.hr
Monday to Friday from 8:30 a.m. to 4:30 p.m.* This advertisement has been drawn up in accordance with the provisions of Article 22 of Regulation (EU) 2017/1129 and Articles 13 to 16 of Commission Delegated Regulation (EU) 2019/979.
More information:
CIAK Grupa d.d. - Public Invitation for Subscription of New Shares
CIAK Grupa d.d. - Notice on the IPO Success (12/16/2020)
- 10/2020 (IPO) CIAK Grupa d.d.
- On 31 July 2020, the General Assembly of CIAK Grupa d.d. (the "Issuer") passed a decision on increase of the share capital and issue of ordinary shares through a public offering in the Republic of Croatia. The increase in the share capital shall be carried out by issuing a maximum of 7,218,825 new ordinary registered shares without par value. The public offering shall be conducted in two rounds and the Issuer shall publish public invitations to subscribe for new shares for each round.
The Croatian Financial Services Supervisory Agency (Croatian: Hrvatska agencija za nadzor financijskih usluga, "HANFA") approved the Prospectus of the Issuer on 8 October 2020 on basis of Decision, classification number: UP/I 976-02/20-01/06, record number: 326-01-60-62-20-13 (the "Prospectus").
The Issuer hereby states that the approval of the Prospectus should not be understood as an endorsement of the shares offered for subscription within the public offering.
The Issuer will, subject to the success of the public offering, request listing on the Official Market of the Zagreb Stock Exchange for new shares and all 13,406,390 existing shares.
Before making an investment decision on subscription of new shares, the Issuer invites potential investors to read and become familiar with the Prospectus, including, but not limited to risk factors listed in the Prospectus that affect the Issuer’s regular operation. Potential investors should independently assess the financial condition, potential and risks related to the Issuer and on that basis make a decision on possible subscription of new shares.
For all additional information related to the public offering of new shares of the Issuer, please contact the Issuing Agent on the following:
Privredna banka Zagreb d.d.,
Radnička cesta 50,
10000 Zagreb,
tel. (01) 6360 765/ 702; 64 476/477,
fax (01) 6360 743,
e-mail: capital.markets@pbz.hr
Monday to Friday from 8:30 a.m. to 4:30 p.m.* This advertisement has been drawn up in accordance with the provisions of Article 22 of Regulation (EU) 2017/1129 and Articles 13 to 16 of Commission Delegated Regulation (EU) 2019/979.
More information:
Prospectus CIAK Grupa - public offering
CIAK Grupa d.d. - Public Invitation for Subscription of New Shares (1st Round)
- 2015 (SPO) LUKA RIJEKA d. d.
Nastavno na odluku Glavne skupštine od 6. svibnja 2015. o povećanju temeljnog kapitala izdavanjem novih dionica, Luka Rijeka d.d. danas je objavila javni poziv na upis novih dionica. Luka Rijeka planira uvrštenje novih dionica u Službeno tržište Zagrebačke burze zajedno sa svim već prethodno izdanim dionicama Izdavatelja koje su uvrštene na Redovito tržište Burze.
Više informacija:
Luka Rijeka d.d. - Obavijest o načinu objave Prospekta - Luka Rijeka d.d.
Luka Rijeka d.d. - Javni poziv na upis dionica (I., II., III. krug)
Luka Rijeka d.d. - Javni poziv na upis dionica (IV. krug)
Luka Rijeka d.d. - Objava menadžment prezentacije
- 2015 (SPO) PODRAVKA d.d.
Glavna skupština Podravke d.d. donijela je dana 3. lipnja 2015. godine odluku o povećanju temeljnog kapitala i izdavanju redovnih dionica javnom ponudom u Republici Hrvatskoj. Sukladno toj odluci, dana 23. lipnja 2015. godine je objavljen Prospekt, a dana 24. lipnja 2015. godine Javni poziv na upis dionica.
Više informacija:
Podravka d.d. - Javni poziv na upis novih redovnih dionica
Podravka d.d. - Prezentacija izdanja novih dionica
