Poland's Robyg valued at $959 million on Warsaw market debut

Robyg SA

02/07/2026 08:20

    GDANSK, July 2 (Reuters) - Robyg's ROBP.WA shares opened at around their IPO price on their debut on Thursday, giving the Polish residential developer a market capitalisation of 3.61 billion zlotys ($959 million) in the ninth Warsaw Stock Exchange main market listing this year.
Final price of initial public offering was set at 34 zlotys
IPO consisted of 25 million existing shares sold by majority owner TAG Immobilien TEGG.DE unit and 9.65 million newly issued shares
Robyg plans to allocate IPO proceeds to expansion by increasing its land bank to support its aim of achieving a medium-term pre-sales annual target of 5,000 units
Total value of offering amounted to 1.18 billion zlotys
Robyg raised 328 million zlotys from the issue of new B series shares
($1 = 3.7661 zlotys)

(Reporting by Stefan Gardawski and Alicja Surdy, additional reporting by Adrianna Ebert, editing by Alexander Smith)
((Stefan.Gardawski@thomsonreuters.com;))