Murapol majority shareholder sells 8.16 million shares through accelerated bookbuilding

AEREF V PL Investments, the majority shareholder of residential developer Murapol, has completed the sale of 8.16 million shares through an accelerated bookbuilding (ABB) process. The final sale price was set at PLN 38 per share, the company confirmed.

The transaction was increased in size following strong interest from both domestic and international investors. As a result, the number of shares sold was raised from an initially planned 15% of the company’s share capital to 20%.

Following the completion and settlement of the transaction, AEREF V PL Investments will retain approximately 19.6 million shares, representing around 48.04% of Murapol’s share capital and voting rights.

The shareholder has committed to a 180-day lock-up period for the remaining shares, with certain exceptions outlined in the placement agreement. These include private sales conducted outside the regulated market.

Murapol is one of Poland’s largest residential developers, with a project portfolio covering more than 20 cities. The company listed on the Warsaw Stock Exchange in December 2023 and is currently part of the sWIG80 index.

Photo: Murapol Parki Krakowa