WHITE & CASE ADVISES ON A SALE OF SHARES IN XTB S.A. WITH A VALUE OF PLN 266 MILLION

Global law firm White & Case acted as an exclusive transaction advisor in connection with the sale by XX ZW Investment Group S.A. with its registered office in Luxembourg (the “Shareholder”), the majority shareholder of XTB S.A. (the “Company”), of part of the Shareholder’s shares in the Company through an accelerated book-building process.

The transaction covered the sale of 7 million shares for a sale price of PLN 38 per share, which constitutes 5.96% of the shares in the Company’s share capital and the same amount of the total number of votes in the Company. The total value of the transaction was PLN 266 million.
Following the completion of the sale, the Shareholder remains a strategic investor in the Company, holding 61.02% of the shares in the Company’s share capital.
The shares were sold only to selected qualified investors and/or investors acquiring securities with a total value of at least EUR 100,000 in Poland and outside the United States of America under Regulation S pursuant to the US Securities Act of 1933, as amended.

The Offer Managers included Santander Bank Polska S.A. - Santander Biuro Maklerskie and Banco Santander S.A. acting as Sole Global Coordinator and Joint Bookrunner, as well as Trigon Dom Maklerski S.A. acting as Joint Bookrunner.

XTB S.A. is one of the largest Forex & CFD global brokers listed on the Warsaw Stock Exchange. The Company provides individual investors with immediate access to financial markets around the world.

The team that advised on the transaction included partner Rafał Kamiński and associate Damian Lubocki together with a team of lawyers from the White & Case offices in London and Luxembourg.

Contact:
Mariusz Mroczek
Senior Business Development Manager
White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.
Tel.: + 48 22 50 50 225; mobile: +48 785 019 225; mariusz.mroczek@whitecase.com