One United Properties shares will start trading on BVB on July 12

Bucharest Stock Exchange announces that on Monday, July 12, One United Properties shares, a premium housing and offices developer in Romania, will start trading on BVB’s Main Market, under the ticker ONE. One United Properties listing comes after an Initial Public Offer (IPO) through which the issuer attracted 260 million RON for a share capital increase.

The IPO was carried out between June 22nd and July 2nd. The company sold 130,007,085 shares, in 3 tranches: for institutional investors, for retail investors with guaranteed allocation, as well as one with pro-rata allocation. The shares were sold at a price of RON 2/share, and for the orders introduced in the first 3 working days of the offer on the tranche of retail investors with pro-rata allocation, the price was RON 1.94/share. Institutional investors bought 63% of the total number of shares, and retail investors 37% (of which 20% in the guaranteed allocation segment and 17% in the pro-rata allocation segment). The anticipated capitalization of the company amounts to RON 2.86bn. The IPO and the listing were assisted by BRK Financial Group.