Duet Private Equity increases shareholding of Polnord

Hanapeta Holdings strengthened itself as the leader in the shareholding of Polnord

Published: 2018-11-21 16:50:38

by Daniel Paćkowski

The secret of Tuesday’s high turnover on the housing developer’s shares cleared up. Yesterday’s transactions were the Hanapeta Holdings Cypriot investment vehicle.

Hanapeta Holdings bought Polnord shares on October 29, Tuesday’s large transaction exceeded the threshold of 15%.

In total, during the month, the Cypriot entity collected 1,633.203 shares of the company, constituting 4.99%. share capital.

The lion’s share of this package (1.485 million) was bought during yesterday’s session.

As a result, Hanapeta Holdings increased its package from 12.52 percent. up to 17.51% and he strengthened themselves as the largest shareholder.

The second largest shareholder of Polnord is TFI PZU, with a 11.28% stake.

Duet Private Equity is an advisor to Hanapeta Holdings.

The Cypriot investment vehicle in the Polnord shareholding was revealed at the end of June 2018. At that time, it had 5.5% interest participation. In the following months, the Hanapeta quickly increased its engagement.