2015-06-05 10:58 Zbigniew Juroszek, President atalu [Photo: ATAL SA] 
A lot of interest among investors enjoys public offering of developer Atal. Among the minor players records had to be reduced by 80 percent.
The property developer announced that it has allocated all offered shares. This means is that the value of the offer amounted to a total of 143 million gross.
As announced developer, investors were allocated 6.5 million shares. From this small players will get 780,000 shares, so 12 percent of total offered. Subscription reduction rate among individual investors amounted to 80.07 percent. On the other hand, institutional investors took 88 percent of the offered shares.
– We believe that funds raised will allow us to accelerate the pace of development real estate development activity . As a result, we expect to systematically improve the performance in future periods and the increase in goodwill – says Zbigniew Juroszek, the company’s president Atal, quoted in the release.
All shares of the company sold the 22 gold apiece. Covered by investors securities represent 16.79 percent of the increased share capital.
The general meeting of the Company was convened on June 30.
According to Atal, proceeds from the share issue plans to use the funds to finance the implementation of current and prepared development projects, and the purchase of land for new investments. “Medium-term strategy for the years 2015-2017 provides for the sale of flats at about 1500-1800 year. The strategy for the years 2018-2020 envisages the possibility to increase sales to around 2000-2500 housing.
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