WOOD & Co is the best positioned investment bank to act as a lead manager for IPOs on the Czech capital market. WOOD & Co gained its IPO experience in the late 1990s when it managed and co-managed a large number of public offerings in Poland and Hungary. In addition to successful primary placements, WOOD & Co supports its transactions with very active secondary equity trading, consistent research coverage and active communication with key local as well as international institutional investors.
In 2007, WOOD & Co participated on large-scale capital market transactions including the disposal of Pamplona´s stake in Pegas Nonwovens and private placement of newly issued 1.5m shares by Orco Property Group combined with additional listing on the WSE and the BSE.
In 2006, WOOD & Co has prepared and executed the dual listing of ČEZ on the Warsaw Stock Exchange (WSE) in October 2006. The transaction was the largest ever Central European dual listing and WOOD & Co became the first ever remote market maker on the WSE.
In May 2005, Warburg Pincus and management sold a further 3 million shares in Zentiva through an accelerated book building process managed again by WOOD & Co and Merrill Lynch. Furthermore, in September 2005, WOOD & Co acted as Co-lead Manager for the sale of 4.5 million shares in Zentiva through an accelerated book building process and as a sole broker of a further sale of 6.2 million shares in Zentiva through the largest ever block trade executed on the Prague Stock Exchange.
WOOD & Co is a market leader in managing all kinds of capital markets tender offers. Mandatory public tender offers and de-listings have become a highly sensitive issue in the Czech Republic in recent years. WOOD & Co has historically broad experience in arranging public tender offers and takeover bids in the Czech Republic, particularly for major international clients, such as Telefonica, Mittal Steel, SKANSKA and Holcim, where it was able to deliver the highest level of service.
In September 2005, WOOD & Co successfully completed the largest ever tender offer related to an after-privatization mandatory offer to minority shareholders of Český Telecom by Telefonica.
In June 2004, WOOD & Co successfully executed the first ever IPO on the Prague Stock Exchange, of the leading generics pharmaceutical company Zentiva. The first ever IPO on the Czech capital market has opened a new, attractive area of investment banking activities on the Czech market. WOOD & Co, together with Merrill Lynch, successfully executed the USD 212 million initial public offering of Zentiva on the Prague and London Stock Exchanges.
