DLA Piper advises Alchemia S.A. on the purchase of its own shares

Following its offer announcement made on 14 November 2018, DLA Piper advised Alchemia S.A. on the purchase of more than six million of its own shares.

The advice covered all the legal aspects of the purchase, including the preparation of the offer documentation and corporate resolutions, as well as advising Alchemia S.A. on meeting its information obligations as a listed company.

Alchemia S.A. purchased a total of 6,670,500 of its own shares at a price of PLN 4.80 per share, i.e. for a total price of more than PLN 32 million. The purchased shares constitute 3.34% of Alchemia S.A.'s share capital.

Alchemia S.A. is a Polish company listed on the Warsaw Stock Exchange. It specialises in the production of seamless steel tubes and other specialised steel products.
DLA Piper's transaction team was led by Jakub Domalik-Plakwicz, Head of Capital Markets, with the support of Adam Marszałek, Associate, Wojciech Kalinowski, Senior Associate, and Michał Kuratowski, Junior Associate.

Keywords DLA PIPER