Today is the last day to submit binding offers for the purchase of shares of Atlantic Group. The subscription lasted seven days, from October 23, and it can still be done today at the branches of Raiffeisen and Zagrebačka banka.
The public offering, which includes the subscription of 382,970 new ordinary shares and the sale of 382,969 ordinary shares from existing shareholder Svetozar Tedeschi, encompasses 31.01 percent of the shares. Their price in the public offering ranges from 750 to 960 kuna. According to the decision of the General Assembly, the allocation of the company’s ordinary shares is planned in a ratio of 75:25, with 75 percent allocated for institutional investors and 25 percent for the public.
Existing shareholders of Atlantic Group, with an ownership stake greater than 1 percent, are committed to a “lock-up” period of 18 months from the completion of the initial public offering. All other current and future shareholders will be able to manage their shares according to their own wishes. The capital raised through the successful implementation of the initial public offering of newly issued shares will be used for further investment in the development and growth of Atlantic Group. (HTV)
