News
New listing of the company VERCOM
8
The company VERCOM S.A. was newly listed on the GPW Main Market on 6 May 2021.
VERCOM S.A. is the 431st company listed on the GPW Main Market and the sixth new listing on the GPW Main Market in 2021.
Key information:
|
company name |
VERCOM S.A. |
|
seat |
Poznań |
|
Polish/foreign |
Polish |
|
market (main/parallel) |
parallel |
|
companies on the regulated market |
431 |
|
new listings in 2021 |
6 |
|
core business |
The VERCOM Group is a leading Polish provider of technology integrating and automating multiple electronic communication channels. The Group is successfully expanding to new geographic markets. The Group’s offer includes services based on broadly used communication channels: text messages, email, push. |
|
business sector |
IT systems |
|
companies in the sector |
9 |
|
IPO/public sale |
Public offering of 5,000,000 shares including:
|
|
Issue/selling price |
Issue price and selling price: PLN 45 |
|
public offering value: |
PLN 225,000,000 including:
|
|
company valuation*
|
PLN 651,181,500 (before registration of series D shares) PLN 831,181,500 PLN (after registration of series D shares) |
|
% free float in shares subject to the application |
75.53% in rights to shares (3,021,212 shares) 21.68% in shares subject to the application concerning series A, B and D shares (4,003,633) including: 8.78% in existing series A and B shares (1,270,300 shares) |
|
free float value* (at the issue/selling price) |
PLN 135,954,540 in rights to shares PLN 180,163,485 in shares subject to the application including PLN 57,163,500 in existing shares |
|
% free float in all shares |
see above (all shares subject to the application for introduction) |
|
free float value (at the issue/selling price) |
see above (all shares subject to the application for introduction) |
|
number of shareholders (shares subject to the application) |
There were 5,885 subscriptions for 7,912,216 shares offered to Individual Investors; 600,000 new issue shares were allotted to Individual Investors (average reduction rate 92.417%). There were 4,400,000 offered shares allotted to Institutional Investors including 3,400,000 new issue shares and 1,000,000 sold shares. |
|
Investment firm |
Pekao Investment Banking S.A. |
|
Legal advisor |
Gessel, Koziorowski Kancelaria Radców Prawnych i Adwokatów sp. p. |
|
Auditor |
KPMG Audyt Sp. z o.o. sp. k. |
*as at the issue price of series D shares and the selling price of series A shares, i.e., PLN 45
Issuer’s history and business
The Company was established as a limited liability company and entered into the business register of the National Court Register on 2 February 2005. The Issuer in its current legal form of joint-stock company was entered into the business register of the National Court Register on 17 December 2014.
The VERCOM Group is a leading Polish provider of technology integrating and automating multiple electronic communication channels. The Group is successfully expanding to new geographic markets. Solutions offered by the Group include specialised versatile tools enabling cost-effective and efficient communication between users and their clients. The Group’s offer includes services based on broadly used communication channels: text messages, email, push. In addition to integrating communication channels and integrating offered tools with clients’ IT solutions, the Group provides a range of advanced additional functionalities including among others automation of communication processes based on analysis of behavioural data as well as information sourced from clients’ systems.
Issuer’s share capital
The share capital of the Company according to the entry in the National Court Register is PLN 289,414.00 divided into 14,470,700 shares with a nominal value of PLN 0.02 per share including:
- 14,110,700 series A shares,
- 360,000 series B shares.
Public offering of series A and D shares
The offering included:
1) 4,000,000 new issue series D shares,
2) 1,000,000 series A shares held by Krzysztof Szyszka and Adam Lewkowicz.
Issue / selling price of shares: PLN 45.00
In total, 5,000,000 offered shares were allotted on 27 April 2021 including:
- 600,000 series D shares allotted in the Individual Investor tranche;
- 4,400,000 shares allotted in the Institutional Investor tranche, including 3,400,000 series D shares and 1,000,000 series A shares.
The reduction rate in the Individual Investor tranche was 92.417%.
Value of the public offering: PLN 225,000,000 including:
- new issue shares (raised by the Issuer): PLN 180,000,000,
- sold shares (raised by the selling shareholders): PLN 45,000,000.
Purpose of the issue:
The Company is planning to invest up to PLN 250 million in acquisitions of CPaaS providers. One of the key pillars of the Group’s strategy is to acquire providers of technology automating and integrating electronic communication channels. The Issuer expects to invest up to PLN 250 million in acquisitions under consideration (including 100% of proceeds from the offering of series D shares).
Introduced instruments:
Parallel listing (two listing lines) of the existing series A and B shares and rights to series D shares.
Galeria
