As part of the IPO of the Polish subsidiary of TAG Immobilien AG (TAG), ROBYG S.A. (ROBYG), the placement price was set at PLN 34 per share.
On the basis of 25 million ROBYG shares sold by TAG as part of the IPO, TAG will receive a gross inflow of approximately PLN 850 million (approximately EUR 200 million), subject to any stabilisation measures after initial trading. ROBYG will receive gross proceeds of approximately PLN 400 million (approximately EUR 95 million) from the cash capital increase as part of the IPO as well as from a further cash capital increase subscribed by members of ROBYG's management.


