Company Doosan Škoda Power, a.s. Goes Public on the Prague Stock Exchange. Be Part of It

Company Doosan Škoda Power, a.s. is going public on the Prague Stock Exchange through an Initial Public Offering (IPO). Raiffeisenbank acts as one of the main global coordinators and managers for the IPO process.

 Press Release - Doosan Škoda Power announces launch of Initial Public Offering
 Doosan Škoda Power – Teaser
 Prospectus

What is an IPO and How Does it Work?

An Initial Public Offering (IPO) is the process by which a private company offers its shares to the public for the first time through a stock exchange. This step allows the company to raise funds from a wide range of investors and become a publicly traded entity.

Prospectus: Before going public, the company must publish a prospectus containing information about its business, financial situation, and investment risks. For the Prague Stock Exchange, the prospectus is approved by the Czech National Bank.
Price Range: Based on market analysis and consultations with investment banks, the company sets a price range within which shares will be offered to investors.
Book-building: After the prospectus is approved, the IPO is announced to the public, and the book-building period begins. During this time, investors can express their interest in purchasing shares and specify how many shares they want to buy and at what price.
Subscription Period: The subscription period is the timeframe during which investors can place their orders. This period typically lasts several days to weeks.
Allocation: If demand for shares exceeds supply, allocation occurs. This means investors may receive fewer shares than they initially ordered.

Reasons for an IPO

One of the main reasons for going public is to raise capital, which can be used for business development, expansion, or debt repayment. Going public also enhances the company's prestige and visibility among investors and customers. Additionally, an IPO provides existing shareholders, including founders and employees, with the opportunity to sell their shares and realize gains.

What Happens After the IPO?

After a successful IPO, the company's shares begin trading on the stock exchange. The share price is determined based on supply and demand. As a publicly traded company, it is required to regularly disclose its financial results to ensure transparency for investors. In the future, the company may conduct additional public offerings to raise more funds.

How to Participate in the IPO

During the subscription period from January 27, 2025, to February 5, 2025, shares can only be purchased via phone.

After the subscription period ends, shares can be traded on the stock exchange through the Equity Sales department or the Raiffeisen Investice app.

To make a purchase, you need:

A current account with Raiffeisenbank.
The Raiffeisen Banking and Raiffeisen Investice apps.
A completed investment questionnaire and an investment agreement.
New clients must transfer funds to a CZK investment account, which will be activated when the investment agreement is established. The minimum order amount is CZK 250,000 + 0.2% fee.
Contact our Equity Sales department at 234 401 826 (this contact is for placing subscription orders only).

For any questions, please email [email protected].

For download

Intention to Float Announcement Press Release - Doosan Škoda Power announces launch of Initial Public Offering Doosan Škoda Power – Teaser Prospectus

IPO brings not only opportunities but also risks for investors.

Price Risks:

Difficulty in accurately determining the market value of the stock before the IPO
Risk of the stock being overvalued at the subscription price
Possibility of the stock price falling below the subscription price after trading begins on the stock exchange
Potential volatility of the stock price in the first days/weeks of trading on the stock exchange

Allocation Risks:

Possibility of receiving fewer shares than ordered
Risk of the investor's order not being fulfilled at all in case of excess demand
Blocking of the investor's funds until the shares are allocated

There are also other risks associated with purchasing shares through an IPO (e.g., market risks, issuer-specific risks, timing risks, etc.), with a detailed description of the risks provided in the prospect.

This document is an advertisement pursuant to Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (Prospectus Regulation) and the implementing legislation.

This advertisement does not constitute a securities prospectus nor an offer to purchase any shares in Doosan Škoda Power, a.s . It does not replace the securities prospectus prepared by Doosan Škoda Power, a.s. which has been approved by the Czech National Bank pursuant to the Prospectus Regulation (Prospectus). However, the approval of the Prospectus should not be understood as an endorsement of the securities by the Czech National Bank nor an endorsement of the investment in any securities in Doosan Škoda Power, a.s.

Potential investors should not subscribe for or purchase any securities referred to in this Document except on the basis of the information in the Prospectus (together with any supplementary prospectus, if relevant). Potential investors should read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities offered. Investment instruments (or investing in them) are not bank deposits and are not insured under the deposit insurance fund. Investment in securities entails numerous risks, including, amongst others, a total loss of the initial investment, potential investors being allocated fewer securities than they have submitted purchase orders for, or not receiving any securities at all in some limited cases. The value of the amount invested in an investment instrument and the return from it can rise and fall, and there is no guarantee of the return of the originally invested amount. Past performance does not guarantee future performance. Expected performance is not a reliable indicator of future performance. The responsibility associated with the tax/accounting/legal consequences of investing in financial instruments remains fully with the investor.

The prospectus is available on the company’s website www.doosanskodapower.com.