Shares of Luxembourg-based real estate investor and developer Orco Property Group (Orco) were admitted to trading on the Luxembourg Stock Exchange (LuxSE) on 2 October 2015.
Orco has been active in Central and Eastern Europe since 1991, focusing on prime locations in the capital cities of Germany, the Czech Republic, Hungary, Poland, Croatia and Slovakia, with a strong presene in Prague, Warsaw and Budapest. The company holds an average market capitalisatio of €75 million.
A total of 314,507,628 ordinary shares (IS(ISIN LU0122624777) with a par value of €0.10 each, representing the entire share capital of the company, were listed and admitted to trading on the regulated market of LuxSE.
Orco stated that as it is established in Luxembourg, it would like to have its presence supported by the listing of its shares in the Grand Duchy. This listing joined two existing bond listings of the company which are already listed in Luxembourg.
