Murapol Share Sale Boosted by Investor Interest in Poland
Deal News | Jun 03, 2025 | CEE Legal Matters
Rymarz Zdort Maruta advised Aeref V PL Inwestycje, a part of Ares Management Corporation, on the sale of 8.16 million shares of Murapol, which is listed on the Warsaw Stock Exchange. Originally planned to offload 6.12 million shares, due to strong demand from both Polish and international institutional investors, the share amount was increased to represent 20% of Murapol's share capital. The shares were sold at PLN 38 each, totaling PLN 310 million. The transaction targeted qualified institutional investors and was executed via an accelerated book-building process. The legal team from Rymarz Zdort Maruta included several key members, and the transaction adds to their earlier advisory role in Murapol's IPO in 2023.
Sectors
- Legal Advisory
- Financial Services
- Real Estate
Geography
- Poland – The transaction took place on the Warsaw Stock Exchange, with major participants and investors from Poland.
Industry
- Legal Advisory – Rymarz Zdort Maruta's role as advisor in the Murapol share sale highlights the involvement of legal professionals in M&A and capital market transactions.
- Financial Services – The involvement of multiple financial institutions such as Erste Securities Polska and Santander emphasizes the financial services industry's role in facilitating large equity transactions.
- Real Estate – Murapol, being a real estate company, underscores the involvement of the real estate industry in this share sale on the Warsaw Stock Exchange.
Financials
- PLN 310 million – Total transaction value for the sale of 8.16 million Murapol shares.
- PLN 38 – Price per share offered during the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rymarz Zdort Maruta | Legal Advisor | Companies | A legal firm advising on the accelerated book-building transaction for Murapol. |
| Aeref V PL Inwestycje | Main Shareholder | Companies | Part of Ares Management Corporation group and the main shareholder of Murapol involved in the sale. |
| Murapol | Target Company | Companies | A real estate company listed on the Warsaw Stock Exchange with shares being sold. |
| Ares Management Corporation | Owner | Companies | A parent entity of Aeref V PL Inwestycje, involved in the investment management. |
| Erste Securities Polska | Bookrunner | Companies | One of the joint bookrunners facilitating the share sale. |
| Pekao Investment Banking | Bookrunner | Companies | One of the joint bookrunners facilitating the share sale. |
| Bank Polska Kasa Opieki Biuro Maklerskie Pekao | Bookrunner | Companies | One of the joint bookrunners facilitating the share sale. |
| Banco Santander | Bookrunner | Companies | One of the joint bookrunners facilitating the share sale. |
| Santander Bank Polska Santander Biuro Maklerskie | Bookrunner | Companies | One of the joint bookrunners facilitating the share sale. |