As of 21.10.2024, Transition Technologies MS S.A. publishes the prospectus and begins the public offering of shares.
At 9:45 a.m., subscriptions began among individual investors, as well as building a book of demand among institutional investors. Information on the final number and price of shares will be published on 29 October 2024.
Transition Technologies MS S.A. offers up to 2,400,000 new shares and applies for admission to trading of 7,191,000 existing shares. The maximum price is PLN 35. The final price will be set after the completion of the book of demand process among institutional investors. The offer is addressed to individual, institutional and employee investors.
“We are a Polish software house operating globally, supporting the digital transformation of the largest international companies in demanding sectors. The adopted and consistently executed business model allows us to grow rapidly, also through international acquisitions. We see potential for further dynamic growth by increasing our presence in developed markets. It is for acquisitions that we want to raise capital from investors“, says Sebastian Sokołowski, CEO of TTMS. “We are analyzing potential acquisition targets in selected foreign markets, with a particular interest in Western Europe. We have already successfully completed M&A transactions in Denmark and Switzerland. As these experiences have shown, our strength lies in the good fit of the companies we integrate into the Group, allowing us to quickly and significantly improve results on both sides“.
More details and terms of the offer are available on the investor website: https://investors.ttms.com/