Stock offering and NewConnect listing

For KBJ S.A., we conducted a private placement of shares in 2011, raising funds for development. Acting as the Authorized Adviser, we floated the Company’s shares on the NewConnect market and served as Authorized Adviser in the subsequent years of its operation in this market.

KBJ S.A. is a market leader in SAP services and technology in Poland, as well as an SAP Platinum Partner and a member of UnitedVARs with several hundred customers in a range of industries. It was the first company dealing exclusively with SAP technology to be listed on NewConnect. Its core business is providing consulting services and building dedicated IT solutions on the SAP platform for large and medium-sized companies. KBJ’s specialty is the implementation of unique SAP implementation projects, in which the Company combines technological knowledge in the areas of corporate portals, Business Intelligence, integration, ABAP/JAVA programming technologies, SAP technology layer, with knowledge in the areas of human capital management, finance, consolidation, and financial planning. In the course of its operations to date, the company has provided services to dozens of large clients, including Bank Pekao S.A., Polska Grupa Energetyczna S.A., Netia S.A., TVP S.A., Agora S.A., Deloitte, and PLL LOT S.A.

Deal timeline

December 15, 2011: the company’s shares debuted on NewConnect, with 1,364,052 Series A shares, 81,000 Series B shares and 95,740 Series C shares admitted to trading.
December 15, 2011: the share price opened 29.52% higher, at PLN 10.75; the issue price in the private placement had been PLN 8.30 per share.

Service: NewConnect projects

Client:

KBJ S.A.