DLA Piper advises Photon Energy on listing on regulated markets of the Warsaw and Prague Stock Exchanges

DLA Piper has advised Photon Energy (“The Company”), a global solar energy solutions and services company, in connection with the admission to trading of all its shares on the regulated parallel markets of the Warsaw and Prague Stock Exchanges.

On 14 December 2020 the Netherlands Authority of the Financial Markets (Stichting Autoriteit Financiële Markten, the AFM) approved the Company's prospectus. The listings does not involve any issuance of new shares.

DLA Piper’s role in the transaction included advising the Company in connection with the prospectus approval by the Netherlands AFM, its notification to the Polish Financial Supervisory Authority (Komisja Nadzoru Finansowego) and the Czech National Bank (Česká Národní Banka) for passporting and also included the change of the markets on which the shares were listed (i.e NewConnect in Poland and Free Market in the Czech Republic.

The DLA Piper team was led by Warsaw-based corporate partner Jakub Domalik-Plakwicz and associate Karolina Stepaniuk with support from counsel Wojciech Kalinowski and associate Michał Kuratowski. Partners Henk Arnold Sijnja and Sander Wiggers, supported by associates Jacklynn Everduim, Gijs Kikkert and Jafar Alhashime, from DLA Piper’s Amsterdam office, advised on the Dutch law aspects of the transaction. Partner Miroslav Dubovsky supported by associate Marcel Janicek led the advice on the Czech law aspects of the transaction.