Austria: Schoenherr advises Joint Global Coordinators on ABB related to 4.0 % PORR shares

The shares were placed with institutional investors by means of an accelerated bookbuilding (ABB) and were sold at EUR 39.50 per share. Closing occurred on 14 July 2026.

According to its company information, PORR is one of the largest construction companies in Austria and among the top players in Europe. As a full-service provider, PORR offers every aspect of building construction, civil engineering and infrastructure construction along the entire value chain. Its focus lies on the home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia and Romania as well as selected project markets. The PORR share is listed in the prime market segment of the Vienna Stock Exchange.

"We are delighted to have advised Jefferies GmbH, Raiffeisen Bank International AG and UniCredit Bank GmbH on another ABB transaction in Austria," said Partner and co-head of Schoenherr's Capital Markets practice Christoph Moser. "The increase in free float strengthens PORR's capital market profile and international visibility."

"This transaction highlights the continued attractiveness of PORR as an investment opportunity. Congratulations to all parties involved on the successful placement," added Counsel Angelika Fischer, who led the Schoenherr team together with Christoph Moser.

The Schoenherr team comprised Christoph Moser (Partner), Angelika Fischer (Counsel) and Clemens Stockhammer.

Clifford Chance LLP (lead: George Hacket, Andrei Manea, Gordana Golubic-Huertas) acted as US counsel.

KWR Karasek Wietrzyk Rechtsanwälte GmbH (lead: Christian Temmel) provided legal advice to IGO Construction GmbH, while Lilja & Co. acted as IGO Construction’s exclusive financial advisor.