A&O Shearman has advised sole global coordinator, settlement agent, and joint bookrunner Wood & Company Financial Services and joint bookrunner Erste Group Bank on the placement of newly issued shares of Colt CZ Group SE through an accelerated book-building process targeted at selected investors. Havel & Partners advised Colt.
Colt CZ Group SE is a firearms manufacturer listed on the Prague Stock Exchange.
According to A&O Shearman, the accelerated book-building allowed Colt CZ Group to increase its share capital by issuing 3.9 million new shares, representing 6.91% of the company’s total shares. The shares were sold at CZK 575 per share, raising total gross proceeds of slightly over CZK 2.24 billion.
The A&O Shearman team included Prague-based Partner Petr Vybiral, Associate Denisa Jonasova, and Junior Lawyer Jan Vlcek as well as further team members in London.
The Havel & Partners team included Partner Jiri Kunasek and Senior Associate Katerina Kabatova.
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