Search:  

Inwestor relations portal

 

IPO / Public Offering

We are pleased to announce the terms and conditions of Initial Public Offering for Bowim S.A. below.


Offer Parameters.


3.000.000 Offered Shares are issued based on the Prospectus, including:

 

 

  • as Institutional Investor’s Offering: 825,000 G-series shares to be taken up and 1,425,000 D-series shares for sale, of the nominal value of PLN 0.10 each
  • as Open Offering: 275,000 G-series shares to be taken up and 475,000 D-series shares for sale, of the  nominal value of PLN 0.10 each.

 


In the event not all the Offered Shares are subscribed and duly paid by closing date of the basic subscription period, as specified below, the Issuer may decide to conduct supplementary subscription, based on and according to the provisions of the Prospectus. Provided that the Issuer decides to conduct supplementary subscription, the information on the number of Offered Shares, for which the supplementary subscription would be carried out, shall be announced by the Issuer as an updating notification before the supplementary subscription is started. The updating notification shall be announced in the same way as the Prospectus was published in the time limit specified below. In the event of supplementary subscription the division into Offerings does not apply.


Following the provisions of the Prospectus the Issuer intends to apply for admission to trading on a regulated market of:

 

  • 6,375,000 ordinary bearer B-series shares, of the nominal value PLN 0.10 each,
  • 3,882,000 ordinary bearer D-series shares, of the nominal value PLN 0.10 each,
  • 765,000 ordinary bearer E-series shares, of the nominal value PLN 0.10 each,
  • 2,117,647 ordinary bearer F-series shares, of the nominal value PLN 0.10 each,
  • up to 1,100,000 allotment certificates for ordinary bearer G-series shares, of the nominal value PLN 0.10 each,,
  • up to 1,100,000 ordinary bearer G-series shares, of the nominal value PLN 0.10 each.

 


Time Limits for carrying out IPO.

 

  • Opening Date for the Offer: on the day the Issue Prospectus is published.
  • Book building: from 20 July 2012 to 24 July 2012, till 4:00 p.m.
  • Planned announcement on the final price and the final number of Offered Shares in particular Offerings: 25 July 2012.
  • Opening of Public Subscription: 26 July 2012
  • Closing of Public Subscription, if no supplementary subscription is carried out: 26 July 2012 to 30 July 2012
  • Announcement on the number of Offered Shares to be allotted for the supplementary subscription*: 31 July 2012
  • Accepting supplementary subscriptions for Offered Shares*: from 1 August 2012 to 2 August 2012
  • Closing of Public Subscription, if supplementary subscription is carried out: 2 August 2012
  • Planned allotment of Offered Shares: within 6 working days after Closing the Public Subscription.

 

* Supplementary subscription shall be accepted if not all the Offered Shares are subscribed and duly paid within the periods planned as the basic subscription periods and if the Issuer takes such decision.

 

Book building.


Marketing actions, the so called book building process shall be carried out prior to the subscription in the  Public Offer. Book building applies to both Offerings for subscription of the Offered Shares. In result of these actions the “demand book” for Offered Shares shall be created. The outcome of the book building shall be taken into consideration in the process of determining the issue price and the selling price of Offered Shares.
In the event the book building outcomes in both Offerings differ substantially, the Issuer’s Management Board shall make efforts in order to determine the price at the level securing the subscription of all the Shares Offered in both Offerings. Issue price shall be equal for both Offerings. Selling price shall be equal to the issue price. Open Offering Investors who participated in the book building process and Institutional Investor’s Offering Investors to whom personal invitations were sent, shall be entitled to allocation of Offered Shares on a priority basis in form provided by the Prospectus (Chapter IV, Clause 5.1.4). 
Book building process refers to submission of Investors’ Declarations of interest concerning acquisition of a specified number of Offered Shares at a specified price, according to the Prospectus. The Declarations shall be accepted providing the price is quoted with accuracy of  PLN 0.01.
The Investor shall not be bound by the Declarations of interest in acquisition of shares, without prejudice and subject to the provisions of Chapter IV Clause 5.1.4 of the Prospectus concerning the allocation on a priority basis for Open Offering and Institutional Investor’s Offering.

 

Declarations of interest in acquisition of shares shall include:

  • number of shares as a multiple of 10,
  • number of shares bigger or equal to 100,
  • prices limited to the indicated price range,
  • prices stated with accuracy of  PLN 0.01,
  • other data specified in the Declaration Form,

otherwise they shall be deemed ineffective.

 

Share Price.


The issue price, as well as the selling price for Offered Shares, shall not exceed PLN 11.00 and it cannot be lower than the par value. The final price for Offered Shares shall be determined in accordance with the opinion justifying exclusion of pre-emptive right, included in Clause 4.6 of the Offer Document, following the book building process or based on a recommendation of the Brokerage House offering Offered Shares, and it should be notified, prior to the opening of subscription, in form provided by Art. 54 Section 3 of the Public Offering Act, to the Polish Financial Supervision Authority and be made available to the public in the same way the Prospectus was published and with the procedure laid down in Art. 56 of the Public Offering Act. The issue price shall be fixed one and equal for both Offerings and for the supplementary subscription. The selling price shall be equal to the  issue price.
No additional taxes or charges shall be borne by the subscriber concerning placing the bid, except for the ones specified in Chapter IV Clause 5.1.8 of the Prospectus.
The price range to be used for acceptance of Declarations of interest in acquisition of shares  in the process of book building is PLN 9,00 - PLN 11,00 per share.

 

Subscriptions.

 


Subscriptions shall be accepted for a minimum of 100 Offered Shares.

 


 List of the Customer Service Centres (POK) of IDMSA Brokerage House:

 


POK Kraków
31-041 Kraków, Mały Rynek 7
phone no.: 12 397 06 20; fax no.: 12 397 06 01
Opening hours: 8:00-18:00
e-mail: krakow@idmsa.pl

POK Warszawa
02-002 Warszawa, ul. Nowogrodzka 62b
phone no.: 22 578 88 50; fax no.: 22 578 88 01
Opening hours: 8:00-18:00
e-mail: warszawa@idmsa.pl
 
POK Tarnów
33-100 Tarnów, ul. Wałowa 16
phone no.: 14 632 60 15; fax no.: 14 632 60 11
Opening hours: 8:30-17:30
e-mail: biuro.t@idmsa.pl
 
POK Olkusz
32-300 Olkusz, ul. K. Wielkiego 29
phone no.: 32 625 73 75;
Opening hours: 8:30-17:30
e-mail: olkusz@idmsa.pl
 
POK Nysa

48-300 Nysa, Rynek 36B II piętro
phone no.: 77 409 11 25; fax no.: 77 433 11 80
Opening hours: 8:30-17:30
e-mail: nysa@idmsa.pl
 
POK Gliwice

44-100 Gliwice, ul. Zwycięstwa 14
phone no.: 32 333 15 85, fax no.: 32 333 15 81
Opening hours: 8:30-17:30
e-mail: gliwice@idmsa.pl
 
POK Katowice
40-048 Katowice, ul. Kościuszki 30
phone no.: 32 609 04 85, fax no.: 32 609 04 81
Opening hours: 8:30-17:30
e-mail: katowice@idmsa.pl

POK Lublin
20-078 Lublin, ul. 3 Maja 18/2
phone no.: 81 528 61 85, fax no.: 81 528 61 81
Opening hours: 8:30-17:30
e-mail: lublin@idmsa.pl

POK Poznań

60-810 Poznań, ul. Bukowska 12
phone no.: 61 622 18 10, fax no.: 61 622 18 01
Opening hours: 8:30-17:30
e-mail: poznan@idmsa.pl
 
POK Łódź
90-318 Łódź, ul. Sienkiewicza 82/84
1st floor of Zenit Office Centre
phone no.: 42 663 12 30, fax no.: 42 663 12 31
Opening hours: 8:30-17:30
e-mail: lodz@idmsa.pl
 
POK Szczecin
70-440 Szczecin, ul. Bogusława 1/7 (the gate at  Jagiellońska Street)
phone no.: 91 432 31 12, fax no.: 91 432 31 11
Opening hours: 8:30-17:30
e-mail: szczecin@idmsa.pl

POK Wrocław
50-068 Wrocław, ul. Świdnicka 18/20 (1st floor)
SOLPOL 2 building, 1st floor
Phone no.: 071 390 16 62 lub 071 390 16 63
Fax no.: 071 341 82 37
Opening hours: 8:30-17:30
e-mail: wroclaw@idmsa.pl

POK Kielce

25-311 Kielce, ul. Św. Leonarda 15
Tel: 041 343 01 43
Opening hours: 8:30-17:30
e-mail: kielce@idmsa.pl

 

Solely the approved Issue Prospectus is the only valid source of information concerning the shares offered. The material herein is of purely promotional nature. The Prospectus may be found here.

 




Contact Form

 
 



 
Website uses cookies to ensure its proper operation.
You can specify the conditions for storage and access cookies on your browser. CLICK HERE