At the end of 2010, BSC Drukarnia Opakowań successfully conducted an initial public offering of its shares with the overall gross value of more than PLN 52.5 million.
The offering included 2.25 million series H shares in the Institutional Investor Tranche and 750 thousand series H shares in the Open Tranche. The issue price was set at PLN 17.50.
BSC Drukarnia Opakowań used the proceeds from the issue among others to transform its BSC Etykiety subsidiary into a specialized entity providing packaging to the pharmaceutical industry and developed the high margin premium packaging segment.
The Company was first listed on the Warsaw Stock Exchange on 4 January 2011. The opening price for issue rights was PLN 17.70, up 1.14% from the issue price level.
IDMSA Brokerage House acted as the Offering Agent.