Filip & Company assists ROCA Industry in a private placement of shares

Filip & Company assisted Roca Industry, a holding active in construction materials, that reunites all the companies in the portfolio of ROCA Investments in this area of activity, in relation to the shares issue that has drawn RON 50 million from investors.

Within the private placement that started on 10 December 2021, a total of 4,500,000 shares have been sold to investors at RON 10 per share. The offer had an early closing on 16.12.2021 and was oversubscribed, the investors placing orders with an aggregate value of RON 49,962,120.

“We are glad to see that the capital markets financing becomes a habit for more and more Romanian companies. Roca is a dynamic Romanian group, with ambitious development plans, and the beginning of this stock exchange journey offers them the necessary support to continue an accelerated expansion. We are delighted that we could accompany them throughout this project, and we were very pleased to join forces with BT Capital Partners and Cornerstone Communications again, in the multidisciplinary team that assisted the client in this private placement”, says Alexandru Bîrsan, partner at Filip & Company.

The Filip & Company team that assisted Roca Industry on this project was coordinated by Alexandru Birsan and included Olga Niță (partner), Roxana Diaconu (senior associate) and Larisa Jurcă (associate).

Filip & Company was successfully involved in most of the benchmark transactions on the Romanian capital market as well as in all the bond issues of the Romanian Government on the external markets. The Filip & Company lawyers are ranked first in the most prestigious international directories – Chambers and Partners, Legal 500 and IFLR in the Capital Markets practice.