Poland's Urteste to raise fresh equity via investor share-sale reinvestment

What's the deal? UrtesteDealroom has a profile for this one. Try Dealroom →, a Gdańsk-based company, signed an investment agreement on October 1, 2026, with the Kenja Family Foundation, a shareholder founded by Urteste management board member Tomasz Kostuch. The deal clears the way for a new share issue aimed at raising fresh capital for the company.

How does it work? The foundation will sell up to 106,700 Urteste shares through an accelerated bookbuild (ABB), handled by Dom Maklerski Banku Ochrony ŚrodowiskaDealroom has a profile for this one. Try Dealroom →. It will then reinvest all proceeds by subscribing to an equal number of newly issued shares at the same price set in the ABB.

The mechanism leaves the foundation's overall stake unchanged. The issue price for the new shares will match the per-share price fixed during the bookbuild, and the number of new shares offered will equal the number sold.

Why now? The structure lets Urteste bring new money onto its balance sheet without diluting its anchor shareholder. The foundation effectively recycles cash from the market back into the company through the new issue.

What's next? Urteste has committed to call an extraordinary general meeting to approve the new share issue and offer the shares to the foundation via private subscription. The meeting will be announced in a separate filing.

What could go wrong? Several conditions must still be met. The ABB depends on the foundation signing a brokerage services agreement with the investment firm, and the company's obligation to offer the new shares hinges on shareholders passing the issue resolution.

The signal: The transaction shows a familiar route for smaller listed companies to tap fresh equity while keeping their core ownership intact — in this case, with an insider-linked family foundation funding the raise out of its own holdings.

Read more: bankier.pl

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