At the end of October 2013, warehouse and manufacturing spaces’ developer debut on WSE. The gross value of the whole IPO can reach approximately PLN 90.57 million. MLP offers approx. more than 3,77 milion shares, sold at the price of PLN 24 each.
MLP Group S.A. is planning to use the funds obtained from the issue of series C shares to finance the development of its existing parks and the expansion of its land holdings. Currently, the MLP Group is operating 5 logistics parks located in Poland: MLP Pruszków I, MLP Pruszków II, MLP Tychy, MLP Poznań and logistics park in realization/ developing logistic park – MLP Bieruń. The strategic goal is to double the currently leased warehouse space in the next four years.
MLP Group SA will be the first warehouse and manufacturing spaces’ developer on WSE. Tauber Promotion Agency is MLP’s PR and IR advisor.